Portugal: Overhead Travelling Crane Market 2025

Overhead Travelling Crane Market Size in Portugal

The Portuguese overhead travelling crane market contracted rapidly to $X in 2022, which is down by -23.6% against the previous year. Overall, consumption recorded a abrupt descent. Overhead travelling crane consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Overhead Travelling Crane Production in Portugal

In value terms, overhead travelling crane production declined modestly to $X in 2022 estimated in export price. Overall, production faced a abrupt decline. The growth pace was the most rapid in 2016 when the production volume increased by 22% against the previous year. Overhead travelling crane production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Overhead Travelling Crane Exports

Exports from Portugal

After three years of decline, shipments abroad of overhead travelling cranes on fixed support increased by 15% to X units in 2022. Overall, exports showed notable growth. The growth pace was the most rapid in 2017 when exports increased by 116%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, overhead travelling crane exports surged to $X in 2022. Over the period under review, exports posted tangible growth. The growth pace was the most rapid in 2017 with an increase of 105%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for overhead travelling crane exports from Portugal, accounting for a 52% share of total exports. Moreover, overhead travelling crane exports to France exceeded the volume sent to the second major destination, Spain (X units), threefold. The third position in this ranking was taken by Angola (X units), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.9% per year) and Angola (-14.6% per year).

In value terms, France ($X) remains the key foreign market for overhead travelling cranes on fixed support exports from Portugal, comprising 53% of total exports. The second position in the ranking was taken by Spain ($X), with a 17% share of total exports. It was followed by Angola, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+6.4% per year) and Angola (-15.1% per year).

Export Prices by Country

In 2022, the average overhead travelling crane export price amounted to $X per unit, picking up by 24% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Ireland ($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 Benin (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Overhead Travelling Crane Imports

Imports into Portugal

In 2022, the amount of overhead travelling cranes on fixed support imported into Portugal contracted rapidly to X units, waning by -38.4% on the previous year's figure. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 73% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, overhead travelling crane imports dropped to $X in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 39% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest overhead travelling crane supplier to Portugal, accounting for a 73% share of total imports. Moreover, overhead travelling crane imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. Austria (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and Austria (+27.1% per year).

In value terms, Spain ($X) constituted the largest supplier of overhead travelling cranes on fixed support to Portugal, comprising 78% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.7% share of total imports. It was followed by Turkey, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+41.5% per year) and Turkey (+12.7% per year).

Import Prices by Country

The average overhead travelling crane import price stood at $X per unit in 2022, increasing by 53% against the previous year. In general, the import price, however, saw a pronounced contraction. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+79.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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