Portugal: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Portugal

The Portuguese market for motor vehicle chassis fitted with engines dropped to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption recorded a prominent expansion. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Portugal

In value terms, production of motor vehicle chassis fitted with engines declined remarkably to $X in 2022 estimated in export price. In general, production saw a perceptible descent. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Portugal

In 2022, overseas shipments of motor vehicle chassis fitted with engines decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines dropped remarkably to $X in 2022. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Portugal, accounting for a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Germany exceeded the volume sent to the second major destination, Spain (X units), sevenfold. Cabo Verde (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Cabo Verde (X% per year).

In value terms, the largest markets for motor vehicle chassis fitted with engines exported from Portugal were Germany ($X), Spain ($X) and Senegal ($X), together accounting for X% of total exports. France, Belgium and Cabo Verde lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Cabo Verde ($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 the UK (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Portugal

In 2022, purchases abroad of motor vehicle chassis fitted with engines increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of motor vehicle chassis fitted with engines shrank sharply to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Sweden (X units), France (X units) and Germany (X units) were the main suppliers of imports of motor vehicle chassis fitted with engines to Portugal, with a combined X% share of total imports. Italy, Spain, China, the UK and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Portugal, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform