Portugal - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPortugal: Way-Type Unit Head Market 2024
Way-Type Unit Head Market Size in Portugal
The Portuguese way-type unit head market dropped notably to $X in 2021, falling by -18.2% against the previous year. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the peak level at $X in 2020, and then fell markedly in the following year.
Way-Type Unit Head Production in Portugal
In value terms, way-type unit head production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 256% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Way-Type Unit Head Exports
Exports from Portugal
In 2021, the amount of way-type unit heads for working metal exported from Portugal skyrocketed to X tons, jumping by 50% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of 1,410% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, way-type unit head exports soared to $X in 2021. In general, exports, however, showed a dramatic decline. The most prominent rate of growth was recorded in 2014 with an increase of 870%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Mozambique (X tons) was the main destination for way-type unit head exports from Portugal, with a 72% share of total exports. Moreover, way-type unit head exports to Mozambique exceeded the volume sent to the second major destination, Cabo Verde (X kg), fourfold. Sweden (X kg) ranked third in terms of total exports with a 5.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Mozambique totaled -11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+60.3% per year) and Sweden (0.0% per year).
In value terms, Mozambique ($X) emerged as the key foreign market for way-type unit heads for working metal exports from Portugal, comprising 85% of total exports. The second position in the ranking was held by Cabo Verde ($X), with a 5.6% share of total exports. It was followed by Angola, with a 4.1% share.
From 2012 to 2021, the average annual growth rate of value to Mozambique totaled -10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+50.5% per year) and Angola (-37.1% per year).
Export Prices by Country
The average way-type unit head export price stood at $X per ton in 2021, picking up by 51% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 163% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+82.3%), while the prices for the other major destinations experienced more modest paces of growth.
Way-Type Unit Head Imports
Imports into Portugal
In 2021, the amount of way-type unit heads for working metal imported into Portugal skyrocketed to X tons, growing by 317% on 2020 figures. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 553%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, way-type unit head imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 392% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Japan (X tons) constituted the largest way-type unit head supplier to Portugal, accounting for a 61% share of total imports. Moreover, way-type unit head imports from Japan exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (0.0% per year) and Italy (+37.8% per year).
In value terms, Italy ($X), Spain ($X) and Japan ($X) constituted the largest way-type unit head suppliers to Portugal, together accounting for 64% of total imports.
Italy, with a CAGR of +45.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average way-type unit head import price stood at $X per ton in 2021, waning by -53% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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