From January to June 2021, China and Portugal increased by US$1,064.71 million compared with the same period in 2020, a year-on-year increase of 35.7%.
From January to June 2021, the total value of China's exports to Portugal was US$2,313,004,200, an increase of US$362,516,200 compared with the same period in 2020, a year-on-year increase of 20.4%; the total value of China's imports from Portugal was US$1,847,126,800, compared with 2020. In the same period, it increased by 702.1938 million US dollars, a year-on-year increase of 61.5%.
China and Portugal are traditional economic and trade friendly countries and have deep cooperation in the economic field. As one of the important links of economic construction in the field of lifting machinery, we have been paying attention to the situation of the domestic crane market in Portugal. Due to various reasons, Dongqi Grue currently cooperates with relatively few crane projects in Portugal. In the past 2021, it has reached a total of 3 crane project cooperation with Portuguese customers. In this article, we will predict the changes in market trends in 2022 through the analysis of the domestic overhead crane market in Portugal. Get ready for a better opening of the Portuguese crane market
Before we start discussing the aerial crane market in Portugal, we have a few small questions that need to be answered first. Let’s take a look
In 2020, the Portuguese Overhead Crane Market contracted significantly to USD X, down -X% from the previous year. During the period under review, consumption experienced a deep contraction. The most significant growth rate occurred in 2019, with an X% increase compared to the previous year. During the period under review, the market hit an all-time high of $X in 2013; however, from 2014 to 2020, consumption failed to regain momentum
In 2020, approximately X fixed-support overhead cranes were exported from Portugal; an increase of X% over the previous year. In general, exports showed elastic expansion. In 2008, the growth rate was the fastest, with exports increasing by X% over the previous year. Exports peaked at X units in 2018; however, from 2019 to 2020, export figures were slightly lower.
Overhead crane exports fell to X dollars in 2020 by value. During the period under review, exports showed significant growth. The most significant growth rate occurred in 2008, which was an X% increase compared to the previous year. During the period under review, exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at lower levels.
Morocco (X units), Brazil (X units) and Spain (X units) were the main destinations for Portuguese bridge crane exports, together accounting for X% of total exports. This is followed by France, Benin, La suisse et Angola, which further increased shipments by a factor of X from 2007 to 2020, with the largest increase being Benin (+ X% per annum), while others lead the way The country's shipment growth rate was more moderate.
In value terms, Morocco ($X), Brazil ($X) and Spain ($X) appear to be the largest markets for Portugal's global exports of overhead cranes, accounting for X% of total exports. Among the major destination countries, Brazil experienced the highest export value growth during the period under review, while other countries experienced more moderate export growth.
In 2020, after three years of growth, overseas purchases of fixed-support overhead cranes dropped significantly, with the number decreasing by -X% to X units. Overall, imports fell slightly. 2008 saw the fastest growth, with an X% increase over the previous year. As a result, imports peaked at X units. From 2009 to 2020, import growth remained low.
In value terms, 2020 overhead crane imports fell to X dollars. Overall, imports showed a relatively stable trend pattern. The most significant growth rate occurred in 2008, which was an X% increase compared to the previous year. During the period under review, imports reached a maximum value of $X in 2009; however, from 2010 to 2020, the import figures were slightly lower.
In 2020, Spain (X units) was the largest supplier of overhead cranes in Portugal, accounting for X% of total imports. In addition, the number of overhead cranes imported from Spain was six times higher than the number recorded by the second largest supplier, Germany (X units).
From 2007 to 2020, the average annual growth rate of sales in Spain was -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Germany (+X% per annum) and France (+X% per annum).
Spain ($X) is the largest supplier of overhead cranes to Portugal by value, accounting for X% of total imports. In second place is Germany ($X) with X% of total imports. From 2007 to 2020, Spain experienced an average annual value growth rate of -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Germany (+X% per annum) and France (+X% per annum).
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