Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $123,519 per unit in 2022, surging by 46% against the previous year. Over the period under review, import price indicated a significant increase from 2020 to 2022: its price increased at an average annual rate of +29.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casting machines; of a kind used in metallurgy or in metal foundrieses increased by +67.1% against 2020 indices. As a result, import price reached 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 the United States ($198,458 per unit), while the price for Spain ($607 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.8%), while the prices for the other major suppliers experienced a decline.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $42,286 per unit in 2022, with a decrease of -48.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61%. The export price peaked at $98,798 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($50,863 per unit), while the average price for exports to Guinea-Bissau ($3,306 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 Spain (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal

After three years of growth, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -46.3% to 22 units in 2022. Over the period under review, imports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 41 units, and then fell sharply in the following year.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses fell significantly to $2.7M in 2022. In general, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Imports peaked at $9.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Portugal in 2022:

1. United States (11.0 units)
2. Italy (5.0 units)
3. Germany (2.0 units)
4. Canada (1.0 units)
5. Czech Republic (1.0 units)
6. France (1.0 units)
7. Spain (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Portugal

Exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Portugal fell remarkably to 7 units in 2022, with a decrease of -22.2% compared with the previous year. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 9 units, and then shrank sharply in the following year.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted significantly to $296K in 2022. Overall, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year. The exports peaked at $889K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Portugal in 2022:

1. Italy (3.0 units)
2. Germany (2.0 units)
3. United Arab Emirates (1.0 units)
4. Guinea-Bissau (1.0 units)

Source: IndexBox Market Intelligence Platform