In 2023, the expansible polystyrene market size in Portugal reached 15.228 million kilograms. Over the last five years, the Compound Annual Growth Rate (CAGR) was 3.63%, indicating a moderate pace of growth. The year-on-year variations show a peak in 2018 with a growth of 17.35%, followed by a gradual stabilization. The market faced a slight decline in 2021 but rebounded in the subsequent years with positive growth rates of 3.2% and 3.03% in 2022 and 2023, respectively.
Looking ahead, future trends in the expansible polystyrene market may include advancements in recycling technologies, increasing pressure towards sustainable packaging solutions, and possible regulatory changes aimed at reducing environmental impact. Additionally, economic factors affecting construction and packaging sectors could influence market demand. Monitoring these trends will be crucial for market stakeholders.
How does Portugal rank in Expansible Polystyrene Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 153,130,000 | 2023 | +0.62% | +1.21% | View data |
| 2 | 2 Italy | 141,890,000 | 2023 | -4.85% | -1.11% | View data |
| 3 | 3 Romania | 82,883,000 | 2023 | +1.04% | +1.26% | View data |
| 4 | 4 United Kingdom | 81,895,000 | 2023 | +2.72% | +1.55% | View data |
| 5 | 5 Spain | 51,640,000 | 2023 | +0.74% | +4.03% | View data |
| 6 | 6 Slovakia | 43,551,000 | 2023 | +4.1% | -3.52% | View data |
| 7 | 7 Portugal | 15,228,000 | 2023 | +3.03% | +3.63% | |
| 8 | 8 Bulgaria | 12,466,000 | 2023 | +3.03% | +1.23% | View data |
| 9 | 9 Croatia | 10,699,000 | 2023 | +3.07% | +4.58% | View data |
