Key Market Indicators
Portuguese demand for polypropylene is expected to reach 326,730,000 kilograms by 2026, growing at an average rate of 2.4% each year since 2021 when the number stood at 279,080,000 kilograms. Since 1993, Portuguese demand has increased by 4.3% each year. In 2021, the UK overtook Portugal to become the number one consumer with 279,080,000 kilograms. Italy, Germany and Indonesia came in second, third and fourth respectively. Meanwhile, Portuguese polypropylene exports are forecast to reach 32,436,000 kilograms in 2026, growing at a CAGR of 3% since 2021 when the export figure was 26,680,000 kilograms. Since 1993, Portuguese supplies have increased by 3.1% each year. In 2021, Denmark overtook Portugal to become the 44th highest exporter with 26,680,000 kilograms. South Korea, Germany and Singapore respectively ranked second, third and fourth in this ranking.