Portugal - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Portugal - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Portugal - 2023

Contents:

  1. Lift and Hoist Price in Portugal (CIF) - 2023
  2. Lift and Hoist Price in Portugal (FOB) - 2023
  3. Lift and Hoist Imports in Portugal
  4. Lift and Hoist Exports in Portugal

Lift and Hoist Price in Portugal (CIF) - 2023

In July 2023, the average lift and hoist import price amounted to $20,086 per unit, shrinking by -7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in November 2022 an increase of 13% month-to-month. The import price peaked at $21,604 per unit in June 2023, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($35,320 per unit), while the price for Spain ($18,749 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Lift and Hoist Price in Portugal (FOB) - 2023

In July 2023, the average lift and hoist export price amounted to $16,874 per unit, waning by -18.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 31% against the previous month. The export price peaked at $20,679 per unit in June 2023, and then contracted markedly in the following month.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Angola ($53,515 per unit), while the average price for exports to Switzerland ($7,006 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lift and Hoist Imports in Portugal

After three years of growth, overseas purchases of lifts and hoists decreased by -4.6% to 2.9K units in 2022. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. Over the period under review, imports hit record highs at 3.1K units in 2021, and then contracted modestly in the following year.

In value terms, lift and hoist imports stood at $55M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Lift and Hoist in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain30.137.639.639.49.4%
Sweden5.04.23.76.48.6%
Netherlands0.91.04.24.267.1%
Italy2.73.44.43.36.9%
Germany1.42.60.80.5-29.1%
Others1.41.72.11.64.6%
Total41.450.654.755.310.1%

Top Suppliers of Lift and Hoist to Portugal in 2022:

  1. Spain (2075.0 units)
  2. Sweden (335.0 units)
  3. Netherlands (220.0 units)
  4. Italy (171.0 units)
  5. Germany (28.0 units)

Lift and Hoist Exports in Portugal

In 2022, overseas shipments of lifts and hoists increased by 2.1% to 428 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable curtailment. The exports peaked at 487 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, lift and hoist exports contracted modestly to $7.2M in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Lift and Hoist in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus1,6491,2941,2771,7031.1%
Angola2,3841,2731,2601,627-12.0%
AlgeriaN/AN/A1471,002581.6%
Bulgaria3618631,55189935.5%
Spain2,3322,116510502-40.1%
Malta17.7N/A186370175.5%
Cabo Verde406201382320-7.6%
MauritaniaN/A711N/AN/A0%
Others1,4011,0571,959769-18.1%
Total8,5517,5157,2727,193-5.6%

Top Export Markets for Lift and Hoist from Portugal in 2022:

  1. Cyprus (99.0 units)
  2. Angola (94.0 units)
  3. Algeria (58.0 units)
  4. Bulgaria (52.0 units)
  5. Spain (29.0 units)
  6. Malta (21.0 units)
  7. Cabo Verde (19.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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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