Portugal - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Portugal - 2023
Contents:
- Price for Hydraulic Cylinder and System in Portugal (CIF) - 2022
- Price for Hydraulic Cylinder and System in Portugal (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Portugal
- Exports of Hydraulic Cylinder and System in Portugal
Price for Hydraulic Cylinder and System in Portugal (CIF) - 2022
The average hydraulic cylinder and system import price stood at $744 per unit in 2022, approximately mirroring the previous year. Overall, the import price, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 26%. The import price peaked at $1,530 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($0.2 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hydraulic Cylinder and System in Portugal (FOB) - 2022
The average hydraulic cylinder and system export price stood at $1,134 per unit in 2022, falling by -4.2% against the previous year. Overall, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 89%. As a result, the export price attained the peak level of $1,778 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($0.9 per unit), while the average price for exports to New Zealand ($0.1 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 the Netherlands (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Portugal
For the fourth consecutive year, Portugal recorded growth in overseas purchases of hydraulic cylinders and systems, which increased by 13% to 12K units in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, hydraulic cylinder and system imports amounted to $8.7M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Hydraulic Cylinder and System in Portugal (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,990 | 2,838 | 2,256 | 2,548 | 8.6% |
Spain | 1,874 | 669 | 1,504 | 1,849 | -0.4% |
Italy | 413 | 344 | 955 | 978 | 33.3% |
Belgium | 589 | 705 | 686 | 740 | 7.9% |
India | 97.7 | 126 | 218 | 545 | 77.4% |
Austria | 54.2 | 34.1 | 46.3 | 411 | 96.5% |
China | 300 | 143 | 338 | 296 | -0.4% |
Denmark | 400 | 166 | 145 | 275 | -11.7% |
United Kingdom | 608 | 334 | 319 | 75.5 | -50.1% |
Others | 1,545 | 2,053 | 1,203 | 946 | -15.1% |
Total | 7,871 | 7,412 | 7,670 | 8,664 | 3.3% |
Top Suppliers of Hydraulic Cylinder and System to Portugal in 2022:
- Italy (12.9M units)
- Germany (12.0M units)
- Spain (11.2M units)
- India (8.1M units)
- China (4.4M units)
- Austria (4.1M units)
- Belgium (3.8M units)
- Denmark (1.6M units)
- United Kingdom (0.4M units)
Exports of Hydraulic Cylinder and System in Portugal
Hydraulic cylinder and system exports from Portugal rose notably to 1.2K units in 2022, picking up by 12% on the year before. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 +50.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 18%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, hydraulic cylinder and system exports expanded notably to $1.3M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% 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 +55.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Hydraulic Cylinder and System in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Angola | 330 | 116 | 381 | 384 | 5.2% |
Spain | 8.0 | 21.2 | 104 | 327 | 244.5% |
Switzerland | 32.8 | 31.8 | 144 | 166 | 71.7% |
Mozambique | 4.1 | 397 | 194 | 125 | 212.4% |
Peru | 0.4 | N/A | 0.6 | 42.0 | 371.8% |
Cabo Verde | 13.2 | 32.6 | 9.9 | 32.7 | 35.3% |
United States | 65.2 | 5.8 | 26.3 | 16.3 | -37.0% |
Germany | 107 | 44.1 | 28.9 | 13.8 | -49.5% |
New Zealand | N/A | 3.1 | 3.3 | 8.1 | 61.6% |
Denmark | 93.9 | 9.5 | 6.9 | 3.3 | -67.2% |
India | 233 | N/A | 25.1 | N/A | -67.2% |
Others | 181 | 190 | 310 | 207 | 4.6% |
Total | 1,069 | 851 | 1,233 | 1,325 | 7.4% |
Top Export Markets for Hydraulic Cylinder and System from Portugal in 2022:
- Spain (4395.3K units)
- Angola (1310.5K units)
- Mozambique (406.5K units)
- Switzerland (331.9K units)
- United States (177.4K units)
- Peru (165.0K units)
- Cabo Verde (149.0K units)
- New Zealand (126.2K units)
- Denmark (45.0K units)
- Germany (35.4K units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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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