The Portuguese market for motor vehicle bumpers and parts showed fluctuations from 2013 to 2023, with a value per capita reaching $15.8 in 2023. After peaking at $16.65 in 2014, the market experienced a notable dip in 2015 to $12.98, followed by fluctuating recovery trends. The CAGR from 2019 to 2023 reflected a modest growth rate as values stabilized around $15.64 to $15.8. The recent year-on-year increase from 2022 to 2023 was modest.
Future trends to monitor include advancements in lightweight materials to improve fuel efficiency and potential impacts from the rise of electric vehicles, which may alter bumper design and materials.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 50.6 | 2023 | View data | ||
| 2 | 2 Austria | 35.45 | 2023 | View data | ||
| 3 | 3 Australia | 32.71 | 2023 | View data | ||
| 4 | 4 Germany | 32.38 | 2023 | View data | ||
| 5 | 5 Norway | 29.95 | 2023 | View data | ||
| 13 | 13 New Zealand | 17.07 | 2023 | View data | ||
| 14 | 14 Italy | 15.89 | 2023 | View data | ||
| 15 | 15 Portugal | 15.8 | 2023 | |||
| 16 | 16 Estonia | 14.19 | 2023 | View data | ||
| 17 | 17 Denmark | 13.46 | 2023 | View data | ||
