The gross investment in the manufacture of consumer electronics in Portugal experienced significant fluctuations between 2013 and 2023. In 2023, the investment stood at 117.5 million euros. From 2013 to 2016, there was a steady upward trend, with the highest growth observed in 2016 at 80.94%. However, the investment dipped in 2017 and continued to exhibit volatility. Despite a substantial decrease in 2019 and 2020, the sector rebounded strongly in 2021. The year-on-year growth was positive in 2022 and 2023, reflecting recovery and renewed investor confidence.
Over the last two years, the sector saw a year-on-year increase of 36.02% in 2022 and 22.01% in 2023, showcasing resurgence. The forecasted Compound Annual Growth Rate (CAGR) over the next five years is at 4.46%, suggesting moderate but sustained growth.
Future trends to watch for:
- Continued recovery and stabilization post-volatility
- Impact of technological advancements and innovation
- Global economic conditions influencing investment patterns
- Government policies and incentives in the electronics sector
