Portugal: Winche And Capstan Market 2025

Winche And Capstan Market Size in Portugal

In 2021, the Portuguese winche and capstan market decreased by -5.7% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption continues to indicate a perceptible increase. Winche and capstan consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Winche And Capstan Production in Portugal

In value terms, winche and capstan production dropped to $X in 2021 estimated in export price. Overall, production faced a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the production volume decreased by -12.6% against the previous year. Winche and capstan production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Winche And Capstan Exports

Exports from Portugal

In 2021, the amount of winches and capstans exported from Portugal skyrocketed to X units, rising by 18% on the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 79% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, winche and capstan exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of 57%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for winche and capstan exports from Portugal, accounting for a 54% share of total exports. Moreover, winche and capstan exports to Spain exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. Angola (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+66.6% per year) and Angola (-16.8% per year).

In value terms, Spain ($X) remains the key foreign market for winches and capstans exports from Portugal, comprising 41% of total exports. The second position in the ranking was taken by Angola ($X), with a 16% share of total exports. It was followed by the United Arab Emirates, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-12.7% per year) and the United Arab Emirates (+87.4% per year).

Export Prices by Country

In 2021, the average winche and capstan export price amounted to $X per unit, stabilizing at the previous year. In general, the export price recorded a pronounced decline. The growth pace was the most rapid in 2013 an increase of 109%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Cabo Verde ($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 China (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Winche And Capstan Imports

Imports into Portugal

In 2021, winche and capstan imports into Portugal skyrocketed to X units, jumping by 16% on 2020. In general, imports recorded notable growth. The pace of growth appeared the most rapid in 2014 when imports increased by 54%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, winche and capstan imports plummeted to $X in 2021. Over the period under review, imports, however, recorded a slight setback. The growth pace was the most rapid in 2017 when imports increased by 40%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest winche and capstan supplier to Portugal, with a 51% share of total imports. Moreover, winche and capstan imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. Germany (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +38.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.4% per year) and Germany (-1.7% per year).

In value terms, China ($X), Germany ($X) and Spain ($X) were the largest winche and capstan suppliers to Portugal, together accounting for 75% of total imports. Italy, France, Slovenia, the UK and the Netherlands lagged somewhat behind, together comprising a further 19%.

In terms of the main suppliers, Slovenia, with a CAGR of +62.4%, saw the highest rates of growth with regard to 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 winche and capstan import price stood at $X per unit in 2021, waning by -27.1% against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 66%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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