The copper tubes, pipes, and fittings market in Portugal experienced fluctuations from 2013 to 2023, with the market value at approximately 67.857 million Euros in 2023. The market witnessed significant declines in 2020, followed by a sharp recovery in 2021. Over the last five years, there was a slight annual growth with a CAGR of 0.55%, indicating modest stability. In recent years, the market showed minimal year-on-year changes, reflecting a steady state.
Future trends to watch for include:
- Increasing demand for renewable energy applications could boost copper usage.
- Advancements in construction and infrastructure projects may drive market growth.
- Potential influence from global economic conditions and trade policies could affect pricing and availability.
How does Portugal rank in Copper Tubes, Pipes and Tube or Pipe Fittings Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 552,720,000 | 2023 | +1.84% | +2.9% | View data |
| 2 | 2 Italy | 522,410,000 | 2023 | -4.82% | -2.2% | View data |
| 3 | 3 Poland | 257,270,000 | 2023 | -0.43% | -2.79% | View data |
| 4 | 4 Czech Republic | 252,190,000 | 2023 | +1.96% | +0.96% | View data |
| 5 | 5 Belgium | 178,290,000 | 2023 | +0.82% | +1.81% | View data |
| 9 | 9 Denmark | 88,512,000 | 2023 | +1.1% | +0.52% | View data |
| 10 | 10 Greece | 79,043,000 | 2023 | -1.93% | +1.38% | View data |
| 11 | 11 Portugal | 67,857,000 | 2023 | -0.078% | +0.55% | |
| 12 | 12 Croatia | 31,347,000 | 2023 | +1.85% | -0.21% | View data |
| 13 | 13 Lithuania | 22,005,000 | 2023 | +6.52% | +7.33% | View data |
