Portugal Energy Industry Outlook 2022 - 2026

Key Market Indicators

Portugal's energy consumption is set to reach almost one exajoule (1 EJ) by 2026. This is a 0.5% decrease from 2021 when it was 0.96 EJ. Since 1970, Portuguese demand has decreased by 3.1% year on year. In 2021, the country ranked 58th in the world, with Hungary ahead at 0.96 EJ. The United States, India and Russia placed 2nd, 3rd and 4th respectively. Portugal's energy supply is expected to reach 20.08 million tonnes of oil equivalent (MTOE) by 2026. This is a 0.6% decrease from 2021 when it was 20.44 MTOE. Since 1965, Portugal's energy supply has dropped by 1.3% year on year. In 2021, the country was 63rd in the world, with Israel overtaking at 20.44 MTOE. The United States, India and Russia placed 2nd, 3rd and 4th respectively.

Portugal Energy Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

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