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Portugal - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in Portugal - 2023
Contents:
- Plough Price in Portugal (CIF) - 2022
- Plough Price in Portugal (FOB) - 2023
- Plough Imports in Portugal
- Plough Exports in Portugal
Plough Price in Portugal (CIF) - 2022
The average plough import price stood at $1,625 per unit in 2022, surging by 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,273 per unit), while the price for China ($806 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plough Price in Portugal (FOB) - 2023
In June 2023, the average plough export price amounted to $910 per unit, declining by -54.3% against the previous month. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in May 2023 when the average export price increased by 102% m-o-m. The export price peaked at $2,190 per unit in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Angola ($1,937 per unit), while the average price for exports to Tunisia amounted to $727 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Plough Imports in Portugal
In 2022, approx. 1.3K units of ploughs for agricultural purposes were imported into Portugal; waning by -21.1% against the year before. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked at 1.8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, plough imports expanded remarkably to $2.1M in 2022. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 25%. Imports peaked at $2.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Plough in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 943 | 589 | 832 | 815 | -4.7% |
Spain | 755 | 409 | 538 | 661 | -4.3% |
Italy | 321 | 226 | 246 | 326 | 0.5% |
Denmark | N/A | 54.0 | 60.7 | 93.7 | 31.7% |
Germany | 196 | 110 | 98.2 | 85.5 | -24.2% |
China | 9.3 | 10.9 | 24.8 | 33.5 | 53.3% |
Austria | 274 | 59.8 | 17.4 | 9.4 | -67.5% |
Others | 121 | 11.9 | 24.4 | 36.3 | -33.1% |
Total | 2,621 | 1,471 | 1,842 | 2,060 | -7.7% |
Top Suppliers of Plough to Portugal in 2022:
- France (511.0 units)
- Spain (407.0 units)
- Italy (209.0 units)
- Denmark (47.0 units)
- China (42.0 units)
- Germany (26.0 units)
- Austria (7.0 units)
Plough Exports in Portugal
Plough exports from Portugal shrank markedly to 717 units in 2022, which is down by -34.1% compared with 2021. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. The exports peaked at 1.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, plough exports amounted to $948K in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. Over the period under review, the exports hit record highs at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Plough in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 203 | 78.2 | 51.2 | 319 | 16.3% |
Angola | 431 | 197 | 116 | 166 | -27.2% |
Congo | 31.9 | N/A | 17.8 | 114 | 52.9% |
Algeria | N/A | N/A | N/A | 103 | 0% |
Chile | N/A | N/A | N/A | 70.0 | 0% |
Spain | 27.1 | 3.0 | 53.4 | 67.7 | 35.7% |
Senegal | N/A | 11.0 | 0.1 | 30.7 | 67.1% |
Morocco | 234 | 120 | 224 | 22.6 | -54.1% |
Democratic Republic of the Congo | 72.6 | 120 | 143 | 14.0 | -42.2% |
Saudi Arabia | 47.5 | N/A | 27.6 | 4.6 | -54.1% |
Mozambique | 137 | 181 | 126 | N/A | -4.1% |
Tanzania | 34.5 | 4.7 | N/A | N/A | -86.4% |
Tunisia | N/A | 72.6 | 114 | N/A | 57.0% |
Others | 36.0 | 10.2 | 17.0 | 36.1 | 0.1% |
Total | 1,254 | 798 | 890 | 948 | -8.9% |
Top Export Markets for Plough from Portugal in 2022:
- France (205.0 units)
- Congo (113.0 units)
- Algeria (111.0 units)
- Angola (94.0 units)
- Spain (49.0 units)
- Senegal (38.0 units)
- Chile (30.0 units)
- Democratic Republic of the Congo (22.0 units)
- Morocco (18.0 units)
- Saudi Arabia (4.0 units)
This report provides an in-depth analysis of the plough 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 28303130 -
- Prodcom 28303150 -
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.
-
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
-
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
-
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
-
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
-
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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