Key Market Indicators
Portuguese fuel imports are projected to increase to nearly 3,800 cubic meters by 2028, up from about 3,760 cubic meters in 2023. This growth represents an average annual increase of 0.2%. Since 1976, the country's demand for fuel has risen by approximately 4% each year. On the export front, Portugal's fuel shipments are expected to climb to around 29,500 cubic meters by 2028, compared to roughly 26,200 cubic meters in 2023. This marks an average annual growth rate of 1.9%. Since 1971, Portugal's fuel supply for export has surged by an average of 13.4% per year.
