The Polyvinyl Chloride (PVC) market in Portugal exhibited a fluctuating trend from 2013 to 2023. In 2023, the market reached a value of 131.17 million euros, marking an increase from previous years despite economic headwinds. The last two years showed variations of 7.09% in 2022 and a modest 1.67% in 2023, reflecting a recovering industry post-pandemic. Over the past five years, the Compound Annual Growth Rate (CAGR) was 0.19%, indicating slight overall growth.
Future trends to watch include increased demand due to innovation in building materials, enhanced sustainability practices, and potential shifts in regulatory frameworks that may impact production and consumption patterns in the PVC industry. Additionally, monitoring global supply chain dynamics and raw material price fluctuations will be crucial for anticipating market changes.
How does Portugal rank in Polyvinyl Chloride Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,074,300,000 | 2023 | +0.88% | -3.57% | View data |
| 2 | 2 Italy | 741,620,000 | 2023 | +0.099% | -0.64% | View data |
| 3 | 3 Portugal | 131,170,000 | 2023 | +1.67% | +0.19% | |
| 4 | 4 Hungary | 105,910,000 | 2023 | +2.73% | +2.56% | View data |
| 5 | 5 Greece | 30,704,000 | 2023 | -0.00097% | +1.44% | View data |
