Key Market Indicators
Portuguese Plastic Product Sales are projected to reach approximately €4.5 billion by 2028, up from around €3.9 billion in 2023, marking an average annual growth rate of 2.1%. Over the past decade, the market has experienced a steady growth rate of 2.3% per year. In 2023, Portugal ranked 15th globally in plastic product sales, with Hungary surpassing it at the same value of €3.9 billion. Italy, France, and the United Kingdom secured the second, third, and fourth positions respectively. Portuguese plastic exports are expected to climb to about $5.1 billion by 2028, rising from approximately $4.4 billion in 2023. This represents an average annual growth rate of 2.3%. Since 1993, the country's plastic supply has seen a consistent increase of 2.6% annually. On the import front, Portuguese plastic imports are forecasted to reach nearly $5.8 billion by 2028, up from about $5.1 billion in 2023, reflecting an average annual growth rate of 2.1%. Since 1993, the demand for plastic imports in Portugal has grown by 2% each year.
