Portugal - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Portugal - Tower Cranes And Portal Or Pedestal Jib Cranes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tower and Portal Cranes in Portugal - 2023

Contents:

  1. Price for Tower and Portal Cranes in Portugal (FOB) - 2023
  2. Price for Tower and Portal Cranes in Portugal (CIF) - 2022
  3. Exports of Tower and Portal Cranes in Portugal
  4. Imports of Tower and Portal Cranes in Portugal

Price for Tower and Portal Cranes in Portugal (FOB) - 2023

The average tower and portal cranes export price stood at $192K per unit in December 2023, with an increase of 14% against the previous month. In general, the export price, however, recorded a slight slump. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 32% against the previous month. As a result, the export price attained the peak level of $272K per unit. From June 2023 to December 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the countries with the highest prices were Romania ($228K per unit) and France ($203K per unit), while the average price for exports to the United States ($176K per unit) and Italy ($183K per unit) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tower and Portal Cranes in Portugal (CIF) - 2022

The average tower and portal cranes import price stood at $91,222 per unit in 2022, growing by 41% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average import price increased by 58%. As a result, import price attained the peak level of $150,249 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($107,947 per unit), while the price for Germany ($20,377 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-4.0%), while the prices for the other major suppliers experienced a decline.

Exports of Tower and Portal Cranes in Portugal

In 2022, overseas shipments of tower cranes and portal or pedestal jib cranes were finally on the rise to reach 411 units after two years of decline. In general, exports, however, faced a dramatic decline. Over the period under review, the exports attained the peak figure at 1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tower and portal cranes exports shrank to $69M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $80M, and then fell in the following year.

Export of Tower and Portal Cranes in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France30.831.849.643.011.8%
Germany10.912.010.710.2-2.2%
Italy4.36.411.07.419.8%
Switzerland1.92.52.42.813.8%
United States2.60.6N/A1.6-14.9%
Luxembourg0.6N/A0.50.810.1%
Belgium1.71.1N/AN/A-35.3%
Austria2.91.40.9N/A-44.3%
Israel3.22.41.5N/A-31.5%
Others7.09.23.33.1-23.8%
Total65.967.480.069.01.5%

Top Export Markets for Tower and Portal Cranes from Portugal in 2022:

  1. France (232.0 units)
  2. Switzerland (44.0 units)
  3. Italy (42.0 units)
  4. Germany (42.0 units)
  5. Luxembourg (14.0 units)
  6. United States (11.0 units)

Imports of Tower and Portal Cranes in Portugal

In 2022, approx. 567 units of tower cranes and portal or pedestal jib cranes were imported into Portugal; with an increase of 308% against 2021 figures. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tower and portal cranes imports surged to $52M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tower and Portal Cranes in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A45.30%
Spain12.23.95.94.5-28.3%
Germany0.11.30.80.9108.0%
FranceN/A0.61.90.3-29.3%
Others1.51.10.30.6-26.3%
Total13.86.99.051.755.3%

Top Suppliers of Tower and Portal Cranes to Portugal in 2022:

  1. Japan (420.0 units)
  2. Spain (87.0 units)
  3. Germany (43.0 units)
  4. France (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tower and portal cranes 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 28221440 - Tower cranes and portal or pedestal jib cranes

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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