Portugal - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Portugal - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Lifting Equipment Price in Portugal - 2023

Contents:

  1. Lifting Equipment Price in Portugal (CIF) - 2022
  2. Lifting Equipment Price in Portugal (FOB) - 2022
  3. Lifting Equipment Imports in Portugal
  4. Lifting Equipment Exports in Portugal

Lifting Equipment Price in Portugal (CIF) - 2022

In 2022, the average lifting equipment import price amounted to $5,525 per unit, with an increase of 50% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of 68% against the previous year. As a result, import price reached the peak level of $10,696 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($19,283 per unit), while the price for France ($482 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Lifting Equipment Price in Portugal (FOB) - 2022

In 2022, the average lifting equipment export price amounted to $2,774 per unit, waning by -51.8% against the previous year. Overall, the export price recorded a dramatic setback. The most prominent rate of growth was recorded in 2015 an increase of 39% against the previous year. The export price peaked at $44,368 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($17,070 per unit), while the average price for exports to the United States ($981 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 Tunisia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lifting Equipment Imports in Portugal

Lifting equipment imports into Portugal dropped markedly to 398 units in 2022, falling by -63% against the year before. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 222% against the previous year. Over the period under review, imports hit record highs at 1.2K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lifting equipment imports shrank dramatically to $2.2M in 2022. Overall, imports saw a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure at $7.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Lifting Equipment in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3,3832,8752,014716-40.4%
Czech Republic0.60.4N/A457813.2%
Malaysia817N/AN/A436-18.9%
Italy2,657275212258-54.0%
Sweden17619187.0139-7.6%
Angola59.9N/AN/A57.2-1.5%
Germany20.754.846635.920.1%
Netherlands10583.682624.7-38.3%
France71.158.080.68.9-50.0%
Belgium189N/A17.80.2-89.8%
Tunisia299N/AN/AN/A0%
Others81.437.327366.4-6.6%
Total7,8593,5753,9782,199-34.6%

Top Suppliers of Lifting Equipment to Portugal in 2022:

  1. Malaysia (192.0 units)
  2. Czech Republic (67.0 units)
  3. Spain (37.0 units)
  4. Sweden (20.0 units)
  5. Germany (19.0 units)
  6. France (18.0 units)
  7. Angola (9.0 units)
  8. Italy (9.0 units)
  9. Netherlands (3.0 units)
  10. Belgium (1.0 units)

Lifting Equipment Exports in Portugal

In 2022, the amount of lifting equipment exported from Portugal surged to 287 units, increasing by 20% on the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, lifting equipment exports fell sharply to $796K in 2022. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 9.8%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Lifting Equipment in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela275N/AN/A212-8.3%
Tunisia258N/AN/A165-13.8%
Egypt119N/AN/A83.3-11.2%
Spain2499941,06175.4-32.8%
Nicaragua48.8N/AN/A37.6-8.3%
Malaysia53.2N/AN/A33.4-14.4%
Germany38.0N/AN/A29.3-8.3%
Australia30.4N/AN/A20.6-12.2%
Peru23.1149N/A18.8-6.6%
Netherlands1.3N/AN/A14.6123.9%
United States5.0N/AN/A13.739.9%
Turkey32.1N/AN/A11.8-28.4%
Cote d'Ivoire0.3N/A0.88.3202.4%
Others20933131272.6-29.7%
Total1,3431,4751,375796-16.0%

Top Export Markets for Lifting Equipment from Portugal in 2022:

  1. Venezuela (95.0 units)
  2. Egypt (38.0 units)
  3. Nicaragua (18.0 units)
  4. Spain (18.0 units)
  5. Malaysia (16.0 units)
  6. United States (14.0 units)
  7. Germany (14.0 units)
  8. Tunisia (10.0 units)
  9. Peru (9.0 units)
  10. Netherlands (7.0 units)
  11. Turkey (6.0 units)
  12. Australia (5.0 units)
  13. Cote d'Ivoire (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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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