Report Update: May 1, 2024

Portugal - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights

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Food Manufacture Machinery Price in Portugal - 2023

Food Manufacture Machinery Price in Portugal (CIF) - 2023

The average food manufacture machinery import price stood at $6,395 per unit in May 2023, with an increase of 117% against the previous month. In general, the import price posted a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the highest price was recorded for prices from France ($8,877 per unit) and Italy ($8,279 per unit), while the price for Spain ($5,922 per unit) and Germany ($7,127 per unit) were amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Food Manufacture Machinery Price in Portugal (FOB) - 2022

In 2022, the average food manufacture machinery export price amounted to $2,647 per unit, growing by 3.3% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, food manufacture machinery export price decreased by -29.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 95% against the previous year. The export price peaked at $3,748 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,060 per unit), while the average price for exports to Angola ($1,846 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 Estonia (+69.9%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports in Portugal

In 2022, the amount of machinery for the preparation or manufacture of food or drink imported into Portugal declined modestly to 8.5K units, flattening at 2021 figures. In general, imports saw a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked at 9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, food manufacture machinery imports fell remarkably to $22M in 2022. Overall, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27%. Imports peaked at $29M in 2021, and then shrank notably in the following year.

Import of Food Manufacture Machinery in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	12.5	13.0	17.0	13.0	1.3%
Italy	3.6	4.0	5.2	3.6	0.0%
United States	N/A	0.7	0.9	1.5	46.4%
Germany	0.4	1.1	1.5	1.2	44.2%
Netherlands	0.3	0.1	0.3	1.0	49.4%
France	0.9	0.9	1.5	0.7	-8.0%
China	0.1	N/A	0.2	0.3	44.2%
Others	1.2	4.5	2.4	0.7	-16.4%
Total	19.1	24.2	29.0	22.1	5.0%

Top Suppliers of Food Manufacture Machinery to Portugal in 2022:

Spain (6.0K units)
Italy (1.1K units)
Germany (0.4K units)
Netherlands (0.3K units)
France (0.2K units)
China (0.2K units)
United States (0.1K units)

Food Manufacture Machinery Exports in Portugal

In 2022, after three years of growth, there was significant decline in shipments abroad of machinery for the preparation or manufacture of food or drink, when their volume decreased by -17.9% to 2.6K units. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, the exports attained the peak of 3.2K units, and then shrank notably in the following year.

In value terms, food manufacture machinery exports contracted significantly to $6.9M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 58% against the previous year. The exports peaked at $8.1M in 2021, and then reduced remarkably in the following year.

Export of Food Manufacture Machinery in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1,101	1,498	1,355	1,616	13.6%
Morocco	N/A	N/A	641	1,138	77.5%
Angola	1,436	825	1,363	635	-23.8%
United Kingdom	137	480	270	623	65.7%
Germany	496	1,333	216	538	2.7%
Mexico	10.8	N/A	N/A	474	252.7%
Algeria	N/A	N/A	N/A	303	0%
Netherlands	117	96.8	141	302	37.2%
Australia	N/A	N/A	59.2	210	254.7%
France	230	45.9	248	154	-12.5%
Estonia	N/A	N/A	2.2	151	6763.6%
Ethiopia	N/A	N/A	424	N/A	0%
Others	873	2,670	3,392	735	-5.6%
Total	4,401	6,950	8,111	6,881	16.1%

Top Export Markets for Food Manufacture Machinery from Portugal in 2022:

Spain (785.0 units)
Morocco (436.0 units)
Angola (344.0 units)
United Kingdom (333.0 units)
Mexico (85.0 units)
France (81.0 units)
Australia (73.0 units)
Estonia (70.0 units)
Netherlands (67.0 units)
Algeria (67.0 units)
Germany (53.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023