The Portuguese market for Process Control Valves, Gate Valves, Globe Valves, and other valves showed fluctuating volume trends from 2013 to 2023. By 2023, the market size stood at 4.4102 million kilograms. The market experienced a significant annual variation in percentage terms, with notable declines in 2016 and 2020. The last five years witnessed a negative compound annual growth rate (CAGR) of -0.34% from 2018 to 2023, indicating overall market stagnation in recent years.
Future trends to watch for include:
- Technological advancements in valve manufacturing and automation may drive demand.
- Increased investments in infrastructure and energy sectors could propel market growth.
- Environmental regulations may impact product innovation and market dynamics.
How does Portugal rank in Process Control Valves, Gate Valves, Globe Valves and Other Valves Market Size Volume?
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 179,580,000 | 2023 | +3.21% | +1.21% | View data |
| 2 | 2 United Kingdom | 77,550,000 | 2023 | +0.19% | -0.52% | View data |
| 3 | 3 Romania | 17,235,000 | 2023 | +1.22% | +2% | View data |
| 4 | 4 Poland | 16,116,000 | 2023 | -0.72% | -0.21% | View data |
| 5 | 5 Spain | 15,127,000 | 2023 | -6.32% | -2.73% | View data |
| 6 | 6 Belgium | 15,037,000 | 2023 | +2.03% | +1.57% | View data |
| 7 | 7 Sweden | 9,488,600 | 2023 | +5.3% | +6.26% | View data |
| 8 | 8 Portugal | 4,410,200 | 2023 | -0.075% | -0.34% | |
| 9 | 9 Ireland | 2,974,200 | 2023 | +3.93% | +0.67% | View data |
