The market for Prepared Pigments, Opacifiers, Colors, Vitrifiable Enamels and Glazes, Engobes, Liquid Lustres, and Glass Frit in Portugal has demonstrated volatility over the past decade. In 2023, the market value was 87.838 million Euros. Over the past five years, the compound annual growth rate (CAGR) was -1.19%, reflecting a persistent decline since 2019 when the market peaked.
Key trends and variations include:
- A notable dip during 2020, with a year-on-year variation of -5.37%, likely impacted by the global pandemic.
- Minimal recovery over the past two years, with slight declines of -0.22% in 2022 and -0.21% in 2023.
- A general peak in 2019 before a gradual descent.
Future trends to monitor include potential recovery driven by innovations and new applications in sectors like construction and ceramics. Considerations for sustainable practices and regulatory changes could also influence future market dynamics.
How does Portugal rank in Prepared Pigments, Opacifiers, Colours, Vitrifiable Enamels and Glazes, Engobes, Liquid Lustres and Glass Frit Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 545,680,000 | 2023 | +2.31% | +1.94% | View data |
| 2 | 2 Poland | 111,710,000 | 2023 | -1.35% | +0.85% | View data |
| 3 | 3 Portugal | 87,838,000 | 2023 | -0.21% | -1.19% | |
| 4 | 4 Bulgaria | 28,520,000 | 2023 | -1.91% | -2.49% | View data |
| 5 | 5 Romania | 16,891,000 | 2023 | -0.54% | -0.63% | View data |
