Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal - 2023

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (FOB) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (CIF) - 2022
  3. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal
  4. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (FOB) - 2022

The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $3,695 per unit in 2022, surging by 46% against the previous year. Overall, the export price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 77%. Over the period under review, the average export prices reached the maximum at $5,510 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($14,557 per unit), while the average price for exports to Mozambique ($740 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $158 per unit in 2022, reducing by -58.7% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 56%. The import price peaked at $484 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($708 per unit), while the price for China ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal

In 2022, approx. 859 units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were exported from Portugal; reducing by -21.3% on the previous year's figure. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 127%. As a result, the exports reached the peak of 1.1K units, and then contracted significantly in the following year.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs expanded notably to $3.2M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,8511,6331,3911,761-1.6%
Angola13518631850655.3%
Spain2244074312402.3%
Switzerland13.92.344.990.086.4%
ArgentinaN/AN/AN/A77.40%
Mozambique83.017.041.062.9-8.8%
Uganda58.8N/AN/A60.20.8%
Turkey2.2N/A55.751.2185.5%
United States0.922.5N/A45.3269.2%
MexicoN/AN/AN/A22.90%
Hong Kong SARN/A5.310.619.993.8%
Cabo Verde45.57.525.219.6-24.5%
United KingdomN/AN/A56.115.8-71.8%
Others610370387202-30.8%
Total3,0242,6502,7613,1741.6%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Portugal in 2022:

  1. Angola (295.0 units)
  2. France (121.0 units)
  3. Mozambique (85.0 units)
  4. Switzerland (66.0 units)
  5. Argentina (58.0 units)
  6. Uganda (36.0 units)
  7. Turkey (31.0 units)
  8. Spain (26.0 units)
  9. Cabo Verde (21.0 units)
  10. United States (20.0 units)
  11. Mexico (18.0 units)
  12. Hong Kong SAR (15.0 units)
  13. United Kingdom (13.0 units)

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal

Imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Portugal skyrocketed to 1.4K units in 2022, growing by 28% on the year before. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Imports peaked at 2.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs contracted markedly to $224K in 2022. In general, imports, however, continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 173%. Over the period under review, imports of reached the peak figure at $823K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.94.65.773.8238.7%
Spain72356.926671.0-53.9%
United KingdomN/AN/A67.714.1-79.2%
Netherlands10.415.532.59.6-2.6%
France45.832.812.77.1-46.3%
Hong Kong SAR5.70.3N/AN/A-94.7%
NorwayN/A9.510.6N/A11.6%
Others35.635.628.848.210.6%
Total823155424224-35.2%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Portugal in 2022:

  1. China (1094.0 units)
  2. Spain (162.0 units)
  3. United Kingdom (63.0 units)
  4. Netherlands (32.0 units)
  5. France (18.0 units)

Source: IndexBox Market Intelligence Platform

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