Portugal: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2025

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Portugal

The Portuguese transporter and bridge cranes market reduced to $X in 2021, which is down by -8.6% against the previous year. In general, consumption recorded a pronounced expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Portugal

In value terms, transporter and bridge cranes production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 93%. Transporter and bridge cranes production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Portugal

In 2021, the amount of transporter cranes, gantry cranes and bridge cranes exported from Portugal fell notably to X units, declining by -23.2% on the year before. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 82% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, transporter and bridge cranes exports contracted to $X in 2021. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 33% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units), Angola (X units) and Cameroon (X units) were the main destinations of transporter and bridge cranes exports from Portugal, with a combined 87% 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 Cameroon (with a CAGR of +41.3%), while the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) remains the key foreign market for transporter cranes, gantry cranes and bridge cranes exports from Portugal, comprising 52% of total exports. The second position in the ranking was taken by Angola ($X), with a 16% share of total exports. It was followed by France, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Spain stood at +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-16.7% per year) and France (+8.0% per year).

Export Prices by Country

In 2021, the average transporter and bridge cranes export price amounted to $X per unit, rising by 13% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transporter and bridge cranes export price increased by +64.9% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Angola ($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 the Czech Republic (+64.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into Portugal

In 2021, imports of transporter cranes, gantry cranes and bridge cranes into Portugal surged to X units, picking up by 88% against the year before. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 409%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, transporter and bridge cranes imports soared to $X in 2021. In general, imports saw a buoyant expansion. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Austria (X units), Italy (X units) and Spain (X units) were the main suppliers of transporter and bridge cranes imports to Portugal, together accounting for 74% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +30.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transporter and bridge cranes suppliers to Portugal were Austria ($X), Italy ($X) and Belgium ($X), with a combined 72% share of total imports.

Belgium, with a CAGR of +63.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average transporter and bridge cranes import price amounted to $X per unit, increasing by 44% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 161% against the previous year. The import price peaked in 2021 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 Belgium ($X per unit), while the price for the Netherlands ($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 (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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