Report Update: Apr 1, 2024

Portugal - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights

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Non-Self-Propelled Fork-Lift Truck Price in Portugal - 2023

Non-Self-Propelled Fork-Lift Truck Price in Portugal (CIF) - 2023

In August 2023, the average non-self-propelled fork-lift truck import price amounted to $998 per unit, reducing by -35.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 55% against the previous month. Over the period under review, average import prices attained the maximum at $1,811 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,776 per unit), while the price for India ($604 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Self-Propelled Fork-Lift Truck Price in Portugal (FOB) - 2022

In 2022, the average non-self-propelled fork-lift truck export price amounted to $1,271 per unit, waning by -6.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 115%. The export price peaked at $2,947 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($1,547 per unit), while the average price for exports to Spain ($227 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 Algeria (+14.3%), while the prices for the other major destinations experienced a decline.

Non-Self-Propelled Fork-Lift Truck Imports in Portugal

For the third consecutive year, Portugal recorded decline in supplies from abroad of non-self-propelled fork-lift trucks, which decreased by -0.9% to 4.1K units in 2022. In general, imports continue to indicate a precipitous decline. Over the period under review, imports hit record highs at 15K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-self-propelled fork-lift truck imports reduced to $4.3M in 2022. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports hit record highs at $5.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Self-Propelled Fork-Lift Truck in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	929	774	1,187	1,433	15.5%
Germany	618	1,046	906	1,059	19.7%
Netherlands	662	297	810	419	-14.1%
Vietnam	235	227	244	347	13.9%
India	N/A	32.3	N/A	255	181.0%
France	606	573	186	185	-32.7%
China	442	187	232	155	-29.5%
Belgium	927	301	95.8	110	-50.9%
Malaysia	132	191	119	108	-6.5%
Others	816	525	1,125	260	-31.7%
Total	5,367	4,153	4,904	4,330	-6.9%

Top Suppliers of Non-Self-Propelled Fork-Lift Truck to Portugal in 2022:

Spain (3.8K units)
Germany (2.6K units)
Vietnam (1.6K units)
India (1.3K units)
Netherlands (1.1K units)
France (0.7K units)
Malaysia (0.5K units)
China (0.4K units)
Belgium (0.3K units)

Non-Self-Propelled Fork-Lift Truck Exports in Portugal

Non-self-propelled fork-lift truck exports from Portugal surged to 744 units in 2022, increasing by 57% against the previous year's figure. Over the period under review, exports, however, recorded a deep reduction. Over the period under review, the exports hit record highs at 947 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-self-propelled fork-lift truck exports surged to $945K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Self-Propelled Fork-Lift Truck in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Angola	158	241	282	685	63.1%
Cote d'Ivoire	11.2	N/A	22.9	69.8	84.0%
Mozambique	131	164	98.1	46.4	-29.2%
Spain	83.4	90.8	65.5	34.0	-25.9%
Cabo Verde	70.7	16.1	20.2	28.2	-26.4%
France	4.5	3.2	15.9	25.1	77.3%
Guinea-Bissau	1.8	1.4	3.7	14.5	100.5%
Madagascar	8.7	5.8	N/A	7.1	-6.5%
Croatia	60.7	N/A	N/A	N/A	0%
Others	175	189	134	35.5	-41.2%
Total	705	712	643	945	10.3%

Top Export Markets for Non-Self-Propelled Fork-Lift Truck from Portugal in 2022:

Angola (567.0 units)
Cote d'Ivoire (176.0 units)
Spain (150.0 units)
France (110.0 units)
Guinea-Bissau (36.0 units)
Mozambique (30.0 units)
Madagascar (24.0 units)
Cabo Verde (17.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023