Portugal: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Portugal

The Portuguese non-electric pulley tackle market surged to $X in 2022, picking up by 93% against the previous year. Overall, consumption enjoyed a prominent increase. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2022.

Non-Electric Pulley Tackle Production in Portugal

In value terms, non-electric pulley tackle production rose slightly to $X in 2022 estimated in export price. Overall, production posted significant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 92%. Non-electric pulley tackle production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Non-Electric Pulley Tackle Exports

Exports from Portugal

After two years of growth, shipments abroad of pulley tackle and hoists, non-powered by electric motor decreased by -64.2% to X units in 2022. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of 163% against the previous year. As a result, the exports reached the peak of X units, and then fell rapidly in the following year.

In value terms, non-electric pulley tackle exports contracted to $X in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 183%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Spain (X units) was the main destination for non-electric pulley tackle exports from Portugal, with a 35% share of total exports. Moreover, non-electric pulley tackle exports to Spain exceeded the volume sent to the second major destination, Benin (X units), threefold. Angola (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +49.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (+11,700.0% per year) and Angola (-3.3% per year).

In value terms, the UK ($X), Angola ($X) and Spain ($X) appeared to be the largest markets for non-electric pulley tackle exported from Portugal worldwide, with a combined 23% share of total exports. Benin, the Netherlands, Norway and Mexico lagged somewhat behind, together comprising a further 11%.

Benin, with a CAGR of +20,698.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-electric pulley tackle export price amounted to $X per unit, surging by 148% against the previous year. Overall, the export price recorded a notable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the UK ($X per unit), while the average price for exports to Spain ($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 (+76.3%), while the prices for the other major destinations experienced a decline.

Non-Electric Pulley Tackle Imports

Imports into Portugal

Non-electric pulley tackle imports into Portugal skyrocketed to X units in 2022, picking up by 31% against 2021. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-electric pulley tackle imports reached $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 81% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of non-electric pulley tackle to Portugal, accounting for a 48% share of total imports. Moreover, non-electric pulley tackle imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Spain (X units), with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +110.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.4% per year) and Spain (+1.5% per year).

In value terms, Spain ($X), Germany ($X) and France ($X) constituted the largest non-electric pulley tackle suppliers to Portugal, with a combined 66% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +82.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric pulley tackle import price stood at $X per unit in 2022, shrinking by -14.4% against the previous year. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($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 (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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