The Expansible Polystyrene Market in Portugal has exhibited fluctuations over the past decade with a market size value reaching 28.507 million Euros in 2023. Notable declines were experienced in 2014, 2015, 2016, 2019, and 2020. However, significant growth occurred in 2017 and 2018, with a five-year CAGR of 7.54% in 2021. Recent years (2022-2023) saw more moderate growth with year-on-year increases of 3.37% and 3.23% respectively.
Future trends to watch include potential impacts from industrial innovations, sustainability initiatives driving material choices, and regulatory changes within the EU that could influence market dynamics.
How does Portugal rank in Expansible Polystyrene Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 639,880,000 | 2023 | +4.87% | +3.42% | View data |
| 2 | 2 Italy | 229,930,000 | 2023 | -4.62% | -5.23% | View data |
| 3 | 3 Spain | 87,056,000 | 2023 | +0.7% | -0.25% | View data |
| 4 | 4 Portugal | 28,507,000 | 2023 | +3.23% | +0.51% | |
| 5 | 5 Bulgaria | 17,804,000 | 2023 | +0.94% | +1.1% | View data |
| 6 | 6 Croatia | 15,794,000 | 2023 | +0.4% | +0.031% | View data |
