Portugal: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2025

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Portugal

The Portuguese self-propelled non-electric fork-lift truck market contracted significantly to $X in 2022, declining by -20.2% 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, enjoyed a significant increase. Self-propelled non-electric fork-lift truck consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports from Portugal

In 2022, the amount of self-propelled fork-lift trucks with non-electric motor exported from Portugal soared to X units, with an increase of 115% against 2021 figures. In general, exports showed a noticeable expansion. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, self-propelled non-electric fork-lift truck exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 101% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), the Netherlands (X units) and Angola (X units) were the main destinations of self-propelled non-electric fork-lift truck exports from Portugal, together comprising 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +25.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-propelled non-electric fork-lift truck exported from Portugal were Angola ($X), Spain ($X) and the Netherlands ($X), with a combined 87% share of total exports.

The Netherlands, with a CAGR of +14.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average self-propelled non-electric fork-lift truck export price amounted to $X per unit, with a decrease of -12.3% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 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 Angola ($X per unit), while the average price for exports to Spain ($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 Cabo Verde (-1.3%), while the prices for the other major destinations experienced a decline.

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports into Portugal

Self-propelled non-electric fork-lift truck imports into Portugal fell to X units in 2022, waning by -14% against the previous year. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 98% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports rose slightly to $X in 2022. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 85% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), France (X units) and Germany (X units) were the main suppliers of self-propelled non-electric fork-lift truck imports to Portugal, together comprising 48% of total imports. Spain, the Netherlands, China, Finland and the UK lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +206.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of self-propelled fork-lift trucks with non-electric motor to Portugal, comprising 36% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Spain, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.7% per year) and Spain (+3.8% per year).

Import Prices by Country

The average self-propelled non-electric fork-lift truck import price stood at $X per unit in 2022, growing by 22% against the previous year. Over the period under review, the import price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 France ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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