Portugal: Engine Generator Market 2025

Engine Generator Market Size in Portugal

The Portuguese engine generator market fell to $X in 2022, which is down by -13.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Engine Generator Exports

Exports from Portugal

In 2022, overseas shipments of generators for internal combustion engines increased by 19% to X units, rising for the third year in a row after two years of decline. In general, exports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, engine generator exports surged to $X in 2022. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 74%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for engine generator exports from Portugal, with a 71% share of total exports. Moreover, engine generator exports to Germany exceeded the volume sent to the second major destination, Spain (X units), fivefold. Angola (X units) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +134.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-3.4% per year) and Angola (-9.2% per year).

In value terms, Germany ($X) remains the key foreign market for generators for internal combustion engines exports from Portugal, comprising 71% of total exports. The second position in the ranking was held by Spain ($X), with a 14% share of total exports. It was followed by Angola, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +139.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-3.3% per year) and Angola (-9.1% per year).

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, surging by 38% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mozambique ($X per unit) and Spain ($X per unit), while the average price for exports to Germany ($X per unit) and Angola ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Portugal

In 2022, purchases abroad of generators for internal combustion engines decreased by -31.7% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 130% against the previous year. Imports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, engine generator imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 181%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, France (X units) constituted the largest supplier of engine generator to Portugal, accounting for a 56% share of total imports. Moreover, engine generator imports from France exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. The third position in this ranking was taken by Hungary (X units), with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +47.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.2% per year) and Hungary (-14.1% per year).

In value terms, France ($X) constituted the largest supplier of generators for internal combustion engines to Portugal, comprising 56% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Hungary, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +49.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.0% per year) and Hungary (-14.4% per year).

Import Prices by Country

The average engine generator import price stood at $X per unit in 2022, growing by 58% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Japan ($X per unit), while the price for Belgium ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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