Portugal - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Portugal - 2023
Contents:
- Price for Conveyor or Transmission Belt in Portugal (CIF) - 2023
- Price for Conveyor or Transmission Belt in Portugal (FOB) - 2022
- Imports of Conveyor or Transmission Belt in Portugal
- Exports of Conveyor or Transmission Belt in Portugal
Price for Conveyor or Transmission Belt in Portugal (CIF) - 2023
In July 2023, the average conveyor or transmission belt import price amounted to $9,249 per ton, waning by -40% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 46% month-to-month. The import price peaked at $15,425 per ton in June 2023, and then contracted markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($66,212 per ton), while the price for Turkey ($2,427 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Portugal (FOB) - 2022
In 2022, the average conveyor or transmission belt export price amounted to $15,794 per ton, with an increase of 42% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $17,834 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($24,532 per ton), while the average price for exports to Sudan ($5,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Conveyor or Transmission Belt in Portugal
In 2022, the amount of conveyor or transmission belts or belting imported into Portugal shrank to 2.3K tons, waning by -12.5% compared with the year before. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by 2.7% against the previous year.
In value terms, conveyor or transmission belt imports stood at $24M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Conveyor or Transmission Belt in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.2 | 7.9 | 9.4 | 7.8 | -8.6% |
| France | 2.9 | 1.7 | 2.5 | 4.2 | 13.1% |
| Germany | 3.8 | 3.8 | 3.8 | 3.4 | -3.6% |
| Italy | 1.2 | 1.3 | 1.8 | 1.7 | 12.3% |
| China | 1.0 | 1.1 | 1.6 | 1.7 | 19.3% |
| Turkey | 0.5 | 0.8 | 1.5 | 1.5 | 44.2% |
| Netherlands | 1.7 | 1.6 | 1.5 | 1.5 | -4.1% |
| Others | 2.7 | 2.3 | 2.1 | 2.5 | -2.5% |
| Total | 24.1 | 20.5 | 24.2 | 24.4 | 0.4% |
Top Suppliers of Conveyor or Transmission Belt to Portugal in 2022:
- Turkey (507.0 tons)
- China (475.2 tons)
- Spain (365.6 tons)
- France (317.2 tons)
- Netherlands (183.7 tons)
- Germany (126.3 tons)
- Italy (107.6 tons)
Exports of Conveyor or Transmission Belt in Portugal
In 2022, shipments abroad of conveyor or transmission belts or belting decreased by -3.3% to 207 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. As a result, the exports attained the peak of 235 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, conveyor or transmission belt exports soared to $3.3M in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Conveyor or Transmission Belt in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 849 | 1,523 | 981 | 1,992 | 32.9% |
| Spain | 228 | 323 | 579 | 383 | 18.9% |
| Algeria | 286 | 72.6 | 0.3 | 326 | 4.5% |
| Cabo Verde | 122 | 122 | 155 | 97.2 | -7.3% |
| Slovakia | 58.5 | 36.9 | 35.7 | 57.1 | -0.8% |
| Mozambique | 23.4 | 45.7 | 58.6 | 39.3 | 18.9% |
| France | 600 | 352 | 216 | 38.3 | -60.0% |
| Sao Tome and Principe | 37.9 | 37.2 | 44.3 | 30.8 | -6.7% |
| Sudan | 24.2 | 23.1 | 40.8 | 15.7 | -13.4% |
| Others | 264 | 386 | 282 | 293 | 3.5% |
| Total | 2,493 | 2,922 | 2,392 | 3,273 | 9.5% |
Top Export Markets for Conveyor or Transmission Belt from Portugal in 2022:
- Angola (123.7 tons)
- Algeria (20.7 tons)
- Cabo Verde (16.1 tons)
- Spain (15.6 tons)
- Mozambique (5.9 tons)
- Sao Tome and Principe (5.1 tons)
- Slovakia (3.9 tons)
- Sudan (2.9 tons)
- France (1.3 tons)
This report provides an in-depth analysis of the market for conveyor or transmission belt 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 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
- Prodcom 22194050 - Rubber conveyor belts
- Prodcom 22194070 - Rubber synchronous belts
- Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)
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
-
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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