The Steel Flanges (Excluding Cast Fittings) market in Portugal has experienced fluctuations in volume over the past decade. By 2023, the market volume stood at 2.741 million kilograms. From 2013 to 2023, the market showed a mixed pattern of growth and decline, with the latest five-year CAGR at -1.95%. Particularly in the last two years, there was a modest reduction in volume, with year-on-year variations indicating a decline.
Future trends to watch for:
- Potential recovery in industrial activities could drive an uptrend in market demand.
- Technological advancements may lead to innovations in the production and application of steel flanges.
- Global economic factors could impact local production and consumption, influencing market size and growth.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,444,000 | 2023 | +0.94% | -0.38% | View data |
| 2 | 2 France | 16,314,000 | 2023 | +2.22% | +0.91% | View data |
| 3 | 3 Belgium | 4,059,700 | 2023 | -0.97% | -0.64% | View data |
| 4 | 4 Finland | 3,700,900 | 2023 | -0.46% | +0.57% | View data |
| 5 | 5 Portugal | 2,741,000 | 2023 | -1.62% | -1.95% |
