Portugal: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in Portugal

The Portuguese snow motor vehicle market skyrocketed to $X in 2022, surging by 63% 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). In general, consumption enjoyed a significant increase. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Snow Motor Vehicle Exports

Exports from Portugal

Snow motor vehicle exports from Portugal contracted to X units in 2022, reducing by -11.1% on the year before. Overall, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 1,200%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, snow motor vehicle exports dropped sharply to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 1,183%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units), Ukraine (X units) and Germany (X units) were the main destinations of snow motor vehicle exports from Portugal.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X) remains the key foreign market for motor vehicles for travelling on snow or golf cars exports from Portugal, comprising 82% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and Germany (-76.8% per year).

Export Prices by Country

In 2022, the average snow motor vehicle export price amounted to $X per unit, reducing by -12.1% against the previous year. Over the period under review, the export price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2016 an increase of 541% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Germany ($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 Angola (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Snow Motor Vehicle Imports

Imports into Portugal

Snow motor vehicle imports into Portugal surged to X units in 2022, growing by 20% on the year before. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2014 when imports increased by 196%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, snow motor vehicle imports surged to $X in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 168% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Spain (X units) and the Netherlands (X units) were the main suppliers of snow motor vehicle imports to Portugal, with a combined 84% share of total imports. Germany, China and the UK lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +76.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of motor vehicles for travelling on snow or golf cars to Portugal, comprising 51% of total imports. The second position in the ranking was held by Spain ($X), with a 25% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+34.7% per year) and the Netherlands (+68.1% per year).

Import Prices by Country

In 2022, the average snow motor vehicle import price amounted to $X per unit, with an increase of 55% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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