The Plasticised Mixed Polyvinyl Chloride (PVC) market in Portugal has demonstrated a significant decline over the past decade, with the volume decreasing from 45.108 million kilograms in 2013 to 13.595 million kilograms in 2023. The years post-2020 witnessed volatility, with slight growth in 2021 followed by a regressive pattern in 2022 and 2023. The compound annual growth rate over the last five years points to an average annual shrinkage of 12.97%.
Future trends to watch for include:
- Technological advancements and innovations in PVC applications.
- Legislation impacting PVC production and usage due to environmental concerns.
- Market shifts towards sustainable alternatives possibly affecting the demand for traditional PVC products.
- Global supply chain and economic factors influencing local availability and pricing.
