The Iron or Steel Solid Fuel Domestic Appliances market in Portugal exhibited fluctuating growth from 2013 to 2023, peaking at €44.596 million in 2018. The market value in 2023 stood at €43.61 million. Recent trends indicated a slight decline with consecutive year-on-year decreases in 2022 and 2023 of approximately 0.54% and 0.52%, respectively. The five-year CAGR leading up to 2023 was -0.45%, showcasing a slight decrease in market value over the latter half of the decade.
Future trends to watch for include: - Potential influence of sustainability concerns driving demand for energy-efficient appliances. - Technological advancements impacting product innovation and market penetration. - Economic conditions affecting consumer spending power in Portugal.
How does Portugal rank in Iron or Steel Solid Fuel Domestic Appliances (Excluding Cooking Appliances and Plate Warmers) Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 498,000,000 | 2023 | +2.28% | +2.37% | View data |
| 2 | 2 Germany | 178,600,000 | 2023 | -2% | -1.45% | View data |
| 3 | 3 Spain | 145,650,000 | 2023 | +2.97% | +2.52% | View data |
| 4 | 4 United Kingdom | 132,130,000 | 2023 | -0.59% | -0.042% | View data |
| 5 | 5 Portugal | 43,610,000 | 2023 | -0.52% | -0.45% | |
| 6 | 6 Finland | 36,810,000 | 2023 | +4.87% | +7.92% | View data |
