Key Market Indicators
Portugal's vehicle registration is projected to hit 207,480 in 2026, slightly down from 2021's 192,390. This represents a decrease of 0.7% a year on average since 2010. Meanwhile, vehicle production is set to rise to 299,290 units in 2026 from 263,950 in 2021, a growth of 1.9% annually on average. Since 2002, the country has seen a 13% yearly increase. Portugal ranked 29th in 2021, surpassed by Vietnam's 263,950 units. The US, Japan and India were respectively 2nd, 3rd and 4th in this ranking.
Portugal Automotive Market Data and Forecasts
What is the size of the Portuguese Automotive Market in 2022?
How much will Portugal Automotive Market grow to 2026?More in Automotive Industry for 2027
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