Portugal lifting equipment market soars to X USD in 2021, up X% year-on-year. Overall, however, consumption declined slightly. During the period under review, the market peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
In value terms, hoisting equipment production increased significantly to an estimated $X at export prices in 2021. Overall, there was a sudden drop in production. The fastest growth was recorded in 2013, with an increase of X%. Lifting equipment production peaked at $X in 2014; however, production has remained low from 2015 to 2021.
Portugal's hoisting equipment exports fell sharply to X units in 2021, down -X% from 2020. Overall, exports fell sharply. The most significant growth rate occurred in 2020, when exports increased by X%. During the period under review, exports reached a record high of X units in 2013; however, from 2014 to 2021, exports have remained at a low level.
In terms of value, hoisting equipment exports contracted significantly to $X in 2021. During the period under review, exports fell sharply. The growth rate was most pronounced in 2015, with an X% increase over the previous year. As a result, exports peaked at X dollars. From 2016 to 2021, the export growth rate will remain at a low level.
Espagne (X), France (X) et Romania (X units) are the main destinations for Portuguese lifting equipment exports, accounting for X% of total exports. From 2012 to 2021, among the major destination countries, Romania will see the most significant growth in shipments (+X% CAGR), while other leaders have more modest growth rates.
Spain ($X) remains the leading foreign market for Portuguese lifting equipment exports in value terms, accounting for X% of total exports. In second place is France ($X) with X% of total exports. It was followed by Chili with an X% share.
From 2012 to 2021, the average annual growth in value to Spain will total -X%. Exports to other major destinations recorded the following average annual export growth rates: France (-X% per annum) and Chile (+X% per annum).
In 2021, Portugal's imports of lifting equipment surged to X units, an increase of X% over the 2020 figure. During the period under review, imports showed a strong growth trend. The fastest growth was recorded in 2018, with imports increasing by X%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports have remained low.
Lifting equipment imports surge to $X by value in 2021. Overall, imports have grown significantly. The most significant growth rate occurred in 2018, when imports increased by X% over the previous year. During the period under review, imports peaked at $X in 2019; however, imports were slightly lower from 2020 to 2021.
In 2021, Spain (X units) is the largest supplier of lifting equipment to Portugal, accounting for X% of total imports. In addition, imports of lifting equipment from Spain were six times higher than the figures recorded by the second largest supplier, the Pays-bas (X units). In third place is Allemagne (X units) with an X% share.
From 2012 to 2021, the average annual growth rate of sales in Spain is +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Netherlands (+X% per annum) and Germany (+X% per annum). Spain ($X) is the largest lifting equipment supplier to Portugal by value, representing X% of total imports. In second place is the Netherlands ($X) with X% of total imports. It is followed by Germany with an X% share.
From 2012 to 2021, Spain will see an average annual value growth of +X%. The average annual growth rates of imports for the remaining supplier countries are as follows: Netherlands (+X% per annum) and Germany (+X% per annum).
Spain is Portugal's largest supplier of lifting equipment by value, accounting for 57% of total imports. In second place is the Netherlands, with 20% of total imports. It is followed by Germany with a share of 9.7%.
In value terms, Spain remains the main foreign market for Portuguese lifting equipment exports, accounting for 69% of total exports. In second place is France, with 23% of total exports. It is followed by Chile with a share of 3.5%.
The average export price of hoisting equipment in 2021 is US$2,485 per unit, an increase of 83% year-on-year.
The average import price of hoisting equipment in 2021 is US$985/unit, a year-on-year decrease of -25.6%.
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