Key Market Indicators
Portuguese Metal Products Sales are projected to hit €3.1 billion by 2028, up from €2.96 billion in 2023, marking a 0.8% compound annual growth rate (CAGR). The market has shown consistent growth, with a 2.1% year-on-year increase since 2013. In the 2023 rankings, Portugal held the 13th spot, just behind the Czech Republic, which also recorded sales of €2.96 billion. Italy, France, and Poland occupied the second, third, and fourth positions, respectively. On the export front, Portuguese Metal Products are anticipated to reach $292 million by 2028, climbing from $267 million in 2023. This represents a 1.5% average annual growth rate. Since 1993, the country's metal products supply has also grown at a steady 1.5% year-on-year rate. Imports of Portuguese Metal Products are expected to rise to $401 million by 2028, up from $358 million in 2023. This indicates a 1.8% year-on-year average growth rate. Over the past decades, since 1993, the demand for these imports has increased by 1.2% annually. These growth trends highlight Portugal's expanding role in the global metal products market, both in terms of exports and imports.
