Between 2013 and 2023, the Ethylene-Vinyl Acetate Copolymers market in Portugal experienced fluctuations. In 2023, its market size stood at 24.762 million Euros, closing a decade that saw both sharp declines and recoveries. From a negative impact in 2020 with a 15.48% drop, it rebounded in 2021 with a 16.48% increase. Growth slowed in 2023, with a year-on-year increase of 1.64%. The compound annual growth rate over the last five years was 2.25%, indicating modest average growth.
Future trends to watch include:
- The shift towards eco-friendly and sustainable materials that may impact production.
- Technological advancements in manufacturing that could reduce costs and improve efficiency.
- Changes in regulatory policies concerning the use of plastic-based copolymers.
How does Portugal rank in Ethylene-Vinyl Acetate Copolymers Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 230,460,000 | 2023 | +1.01% | +0.88% | View data |
| 2 | 2 Germany | 200,620,000 | 2023 | -1.05% | -3.68% | View data |
| 3 | 3 Denmark | 39,071,000 | 2023 | +1.77% | +0.87% | View data |
| 4 | 4 Portugal | 24,762,000 | 2023 | +1.64% | +2.25% | |
| 5 | 5 Sweden | 19,041,000 | 2023 | -0.69% | -0.57% | View data |
