Key Market Indicators
Portuguese metal imports are projected to reach 9 million metric tons by 2028, up from approximately 8.4 million metric tons in 2023. This growth represents an annual compound growth rate of 1.2%. Since 2000, the demand for metal in Portugal has been on a steady incline, increasing by an average of 1.5% each year. In the rankings for 2023, Portugal secured the 17th spot, with Finland surpassing it by importing around 8.4 million metric tons. France, Italy, and Spain occupied the second, third, and fourth positions, respectively, in the metal import rankings.