Portugal: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Portugal

In 2021, the Portuguese mobile lifting frame market decreased by -14.1% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a abrupt descent. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Mobile Lifting Frame Production in Portugal

In value terms, mobile lifting frame production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 172% against the previous year. Mobile lifting frame production peaked at $X in 2020, and then dropped in the following year.

Mobile Lifting Frame Exports

Exports from Portugal

In 2021, shipments abroad of mobile lifting frames on tyres and straddle carriers decreased by -29.9% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 1,836% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mobile lifting frame exports reduced markedly to $X in 2021. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2019 when exports increased by 1,358%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), Mozambique (X units) and Spain (X units) were the main destinations of mobile lifting frame exports from Portugal, with a combined 91% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of +96.6%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X) emerged as the key foreign market for mobile lifting frames on tyres and straddle carriers exports from Portugal, comprising 69% of total exports. The second position in the ranking was held by Mozambique ($X), with an 11% share of total exports. It was followed by Spain, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to France totaled -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+61.7% per year) and Spain (-22.7% per year).

Export Prices by Country

In 2021, the average mobile lifting frame export price amounted to $X per unit, falling by -9.8% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 62%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.

Mobile Lifting Frame Imports

Imports into Portugal

In 2021, purchases abroad of mobile lifting frames on tyres and straddle carriers decreased by -70.7% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp setback. The pace of growth was the most pronounced in 2015 when imports increased by 110,818% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, mobile lifting frame imports reduced remarkably to $X in 2021. In general, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2015 when imports increased by 58,721% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest mobile lifting frame supplier to Portugal, with a 61% share of total imports. Moreover, mobile lifting frame imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. Belgium (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+157.0% per year) and Belgium (+12.9% per year).

In value terms, Spain ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest mobile lifting frame suppliers to Portugal, with a combined 89% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +140.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average mobile lifting frame import price amounted to $X per unit, jumping by 25% against the previous year. Overall, the import price saw a temperate increase. The growth pace was the most rapid in 2014 when the average import price increased by 70%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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