The polypropylene market size in Portugal exhibited a growth trajectory from 2013 to 2023, reaching 458.54 million Euros in 2023. The market experienced fluctuations in certain years, notably a downturn in 2014, 2020, and a significant increase in 2017. Year-on-year growth for 2022 was 8.58%, and for 2023, it was 3%. The compound annual growth rate (CAGR) over the past five years was 3.63%, indicating steady growth.
Future trends to watch for in the polypropylene market include:
- Technological advancements in production processes.
- Increased demand from end-use industries such as automotive and packaging.
- Regulatory changes impacting environmental sustainability requirements.
- Potential disruptions from global supply chain issues.
How does Portugal rank in Polypropylene Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,493,600,000 | 2023 | +6.36% | +6.14% | View data |
| 2 | 2 France | 1,591,200,000 | 2023 | -1.82% | -2.15% | View data |
| 3 | 3 Spain | 1,536,700,000 | 2023 | +2% | +1.78% | View data |
| 4 | 4 United Kingdom | 553,840,000 | 2023 | -1.02% | -2.4% | View data |
| 5 | 5 Hungary | 463,330,000 | 2023 | -1.3% | -2.11% | View data |
| 6 | 6 Portugal | 458,540,000 | 2023 | +3% | +3.63% | |
| 7 | 7 Sweden | 222,670,000 | 2023 | +5.37% | +4.73% | View data |
| 8 | 8 Denmark | 222,010,000 | 2023 | -0.31% | -0.69% | View data |
