Portugal - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Portugal - 2023
Contents:
- Test Bench Price in Portugal (CIF) - 2023
- Test Bench Price in Portugal (FOB) - 2023
- Test Bench Imports in Portugal
- Test Bench Exports in Portugal
Test Bench Price in Portugal (CIF) - 2023
The average test bench import price stood at $13,565 per unit in June 2023, with an increase of 173% against the previous month. Overall, the import price saw a remarkable increase. The import price peaked at $19,247 per unit in February 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($29,309 per unit), while the price for Austria ($13,037 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Portugal (FOB) - 2023
In June 2023, the average test bench export price amounted to $8,725 per unit, growing by 25% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 1,076% m-o-m. As a result, the export price reached the peak level of $27,882 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($12,111 per unit), while the average price for exports to Panama ($3,765 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+86.5%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Imports in Portugal
In 2022, purchases abroad of test benches decreased by -64% to 370 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 1K units, and then reduced sharply in the following year.
In value terms, test bench imports fell notably to $1.6M in 2022. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $4M, and then reduced sharply in the following year.
| Import of Test Bench in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.7 | 29.2 | 18.9 | 437 | 185.9% |
| France | 1,022 | 1,968 | 1,184 | 358 | -29.5% |
| Germany | 1,266 | 467 | 279 | 352 | -34.7% |
| Italy | 310 | 157 | 1,808 | 150 | -21.5% |
| Turkey | N/A | 24.0 | 63.4 | 133 | 135.4% |
| Spain | 271 | 420 | 543 | 95.4 | -29.4% |
| Others | 430 | 80.9 | 87.4 | 69.7 | -45.5% |
| Total | 3,318 | 3,145 | 3,984 | 1,596 | -21.6% |
Top Suppliers of Test Bench to Portugal in 2022:
- Germany (182.0 units)
- France (70.0 units)
- Turkey (37.0 units)
- Italy (32.0 units)
- United States (28.0 units)
- Spain (14.0 units)
Test Bench Exports in Portugal
Test bench exports from Portugal was estimated at 179 units in 2022, picking up by 2.9% compared with the year before. In general, exports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4% against the previous year. Over the period under review, the exports reached the maximum at 200 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, test bench exports surged to $2M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Test Bench in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 621 | 0% |
| Morocco | 82.1 | 16.7 | 207 | 249 | 44.8% |
| France | 39.7 | N/A | N/A | 222 | 77.5% |
| Spain | 148 | 157 | 179 | 186 | 7.9% |
| Tunisia | N/A | N/A | N/A | 97.5 | 0% |
| Italy | 74.1 | 313 | 354 | 97.1 | 9.4% |
| Hungary | N/A | N/A | 42.2 | 85.6 | 102.8% |
| Romania | 194 | 59.6 | 90.2 | 71.9 | -28.2% |
| Poland | 26.6 | 20.4 | N/A | 29.3 | 3.3% |
| Guinea-Bissau | N/A | N/A | N/A | 17.6 | 0% |
| Angola | 187 | 26.2 | 52.2 | 16.5 | -55.5% |
| Turkey | N/A | N/A | N/A | 1.0 | 0% |
| Egypt | 460 | 115 | N/A | N/A | -75.0% |
| Others | 409 | 444 | 447 | 271 | -12.8% |
| Total | 1,620 | 1,152 | 1,372 | 1,964 | 6.6% |
Top Export Markets for Test Bench from Portugal in 2022:
- France (28.0 units)
- Morocco (21.0 units)
- Spain (20.0 units)
- Sweden (15.0 units)
- Italy (14.0 units)
- Turkey (11.0 units)
- Angola (9.0 units)
- Tunisia (9.0 units)
- Romania (8.0 units)
- Hungary (8.0 units)
- Guinea-Bissau (8.0 units)
- Poland (6.0 units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
-
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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