Portugal: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Portugal

The Portuguese non-propelled vehicle market surged to $X in 2021, with an increase of 20% against the previous year. Over the period under review, consumption continues to indicate a modest increase. Non-propelled vehicle consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Propelled Vehicle Production in Portugal

In value terms, non-propelled vehicle production reduced to $X in 2021 estimated in export price. In general, production saw a pronounced decrease. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Non-Propelled Vehicle Exports

Exports from Portugal

In 2021, overseas shipments of vehicles not mechanically propelled decreased by -16.9% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 475%. Over the period under review, the exports hit record highs at X units in 2020, and then declined remarkably in the following year.

In value terms, non-propelled vehicle exports stood at $X in 2021. Overall, exports saw a slight downturn. The growth pace was the most rapid in 2018 when exports increased by 19%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for non-propelled vehicle exports from Portugal, accounting for a 55% share of total exports. Moreover, non-propelled vehicle exports to Spain exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was held by Angola (X units), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +59.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.9% per year) and Angola (+1.2% per year).

In value terms, the largest markets for non-propelled vehicle exported from Portugal were Spain ($X), France ($X) and Slovakia ($X), together accounting for 79% of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +23.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-propelled vehicle export price amounted to $X per unit, picking up by 21% against the previous year. Overall, the export price, however, showed a abrupt descent. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Spain ($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 Slovakia (-4.8%), while the prices for the other major destinations experienced a decline.

Non-Propelled Vehicle Imports

Imports into Portugal

In 2021, imports of vehicles not mechanically propelled into Portugal rose rapidly to X units, increasing by 7% on the year before. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 67%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-propelled vehicle imports expanded sharply to $X in 2021. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 101%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and France (X units) were the main suppliers of non-propelled vehicle imports to Portugal, with a combined 75% share of total imports. These countries were followed by Spain, the Netherlands, Italy and Switzerland, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +102.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the largest non-propelled vehicle suppliers to Portugal, with a combined 75% share of total imports. These countries were followed by China, Italy, the Netherlands and Switzerland, which together accounted for a further 21%.

Switzerland, with a CAGR of +77.3%, saw the highest rates of growth with regard to 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 non-propelled vehicle import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2018 an increase of 21% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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