Key Market Indicators
Portugal's body care exports are set to rise to €15.5 million by 2026, from €12.6 million in 2021, with a compound annual growth rate of 3.4%. Since 2007, Portuguese exports have increased by 13.5% year-on-year. In 2021, Portugal ranked 16th in the world, with Greece overtaking it at €12.6 million. France, the Netherlands and Italy ranked 2nd, 3rd and 4th, respectively. Portugal's body care imports are forecast to hit €58.6 million by 2026, up from €48 million in 2021, with an average annual growth rate of 3.2%. Since 2007, Portuguese imports have risen by 5.6% year-on-year. In 2021, Portugal was in 12th place, with Sweden at €48 million. Germany, France and the Netherlands ranked 2nd, 3rd and 4th, respectively. In 2019, Portugal's body care revenue was close to €1.2 million, up from €1.1 million in 2018, an increase of 9.9% from the previous year. Since 2007, Portugal's market has grown by 44.4% year-on-year. In 2019, Hungary was ahead of Portugal at €1.2 million, while the United Kingdom, France and Italy ranked 2nd, 3rd and 4th, respectively.
