Portugal: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Portugal

The Portuguese jacks and hoists market declined to $X in 2022, shrinking by X% against the previous year. In general, consumption saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Jacks and hoists consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Jacks And Hoists Production in Portugal

In value terms, jacks and hoists production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Jacks And Hoists Exports

Exports from Portugal

In 2022, overseas shipments of jacks and hoists for raising vehicles were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, faced a abrupt curtailment. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, jacks and hoists exports surged to $X in 2022. Overall, exports, however, faced a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Angola (X units) was the main destination for jacks and hoists exports from Portugal, with a X% share of total exports. Moreover, jacks and hoists exports to Angola exceeded the volume sent to the second major destination, Slovenia (X units), threefold. France (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and France (X% per year).

In value terms, Angola ($X) emerged as the key foreign market for jacks and hoists for raising vehicles exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average jacks and hoists export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price recorded modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Slovenia ($X 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 Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Jacks And Hoists Imports

Imports into Portugal

Jacks and hoists imports into Portugal contracted notably to X units in 2022, which is down by X% on the year before. Over the period under review, imports, however, continue to indicate temperate growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, jacks and hoists imports soared to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), China (X units) and Spain (X units) were the main suppliers of jacks and hoists imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jacks and hoists suppliers to Portugal were Italy ($X), Vietnam ($X) and Spain ($X), together accounting for X% of total imports. Germany, France, China and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2013; however, from 2014 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 Vietnam ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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