Portugal - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Portugal - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Personal Weighing Machine Price in Portugal - 2023

Contents:

  1. Personal Weighing Machine Price in Portugal (CIF) - 2023
  2. Personal Weighing Machine Price in Portugal (FOB) - 2022
  3. Personal Weighing Machine Imports in Portugal
  4. Personal Weighing Machine Exports in Portugal

Personal Weighing Machine Price in Portugal (CIF) - 2023

In August 2023, the average personal weighing machine import price amounted to $17.0 per unit, jumping by 22% against the previous month. Over the period under review, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, personal weighing machine import price increased by +29.7% against June 2023 indices. The growth pace was the most rapid in March 2023 when the average import price increased by 77% month-to-month. As a result, import price attained the peak level of $24.9 per unit. From April 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35.3 per unit), while the price for China ($11.1 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Personal Weighing Machine Price in Portugal (FOB) - 2022

In 2022, the average personal weighing machine export price amounted to $16 per unit, with a decrease of -5% against the previous year. Overall, the export price saw a perceptible downturn. The growth pace was the most rapid in 2021 when the average export price increased by 98%. The export price peaked at $26 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Cabo Verde ($23 per unit), while the average price for exports to France ($6 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 Sao Tome and Principe (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports in Portugal

In 2022, overseas purchases of personal weighing machines decreased by -25.8% to 555K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21%. Over the period under review, imports attained the maximum at 748K units in 2021, and then declined sharply in the following year.

In value terms, personal weighing machine imports declined remarkably to $4.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at $5.8M in 2021, and then dropped dramatically in the following year.

Import of Personal Weighing Machine in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0381,1961,3891,3719.7%
Spain8971,1041,4331,0655.9%
China8241,2362,0311,0518.4%
Netherlands21441533132815.3%
France352448415310-4.1%
Others17732117823710.2%
Total3,5034,7205,7774,3617.6%

Top Suppliers of Personal Weighing Machine to Portugal in 2022:

  1. Germany (206.6K units)
  2. China (141.6K units)
  3. Spain (87.2K units)
  4. Netherlands (65.3K units)
  5. France (38.0K units)

Personal Weighing Machine Exports in Portugal

In 2022, shipments abroad of personal weighing machines decreased by -8.7% to 24K units, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 1.8%. As a result, the exports reached the peak of 76K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, personal weighing machine exports contracted to $383K in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, the exports reached the peak of $651K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Personal Weighing Machine in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola10412117119423.1%
Spain14682.515373.0-20.6%
Cabo Verde34.330.422.245.29.6%
Sao Tome and Principe8.73.85.717.726.7%
Tunisia2.2N/AN/A4.224.1%
France73.733.78.14.1-61.8%
Italy2.33287.12.75.5%
Colombia34.9N/AN/AN/A0%
Others63.951.774.442.0-13.1%
Total470651441383-6.6%

Top Export Markets for Personal Weighing Machine from Portugal in 2022:

  1. Angola (10.4K units)
  2. Spain (6.4K units)
  3. Cabo Verde (1.9K units)
  4. Sao Tome and Principe (0.8K units)
  5. France (0.7K units)
  6. Tunisia (0.4K units)
  7. Italy (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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