The Ball and Plug Valves Market in Portugal exhibited fluctuating trends from 2013 to 2023, with market volume expressed in Thousand Kilograms. The market reached 772.11 Thousand Kilograms in 2023. Over the last two years, the market experienced a downward trend, decreasing by 10.05% in 2022 and further by 0.094% in 2023. The compound annual growth rate (CAGR) for the last five years demonstrated a modest average growth of 1.19% annually, indicating some resilience despite volatility.
Future Trends to Watch For:
- Potential recovery and growth patterns post-2023, contingent on industrial demand and economic conditions.
- Technological advancements improving product efficiency and market adoption.
- Environmental regulations and sustainability objectives impacting material and product usage.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28,071,000 | 2023 | +0.69% | +3.77% | View data |
| 2 | 2 France | 8,599,700 | 2023 | -1.84% | -0.49% | View data |
| 3 | 3 Poland | 8,542,700 | 2023 | +3.01% | +1.6% | View data |
| 4 | 4 Romania | 3,293,300 | 2023 | +3.27% | +3.08% | View data |
| 5 | 5 Croatia | 941,120 | 2023 | +3.54% | +5.07% | View data |
| 6 | 6 Portugal | 772,110 | 2023 | -0.094% | +1.19% |
