The Pig Iron and Spiegeleisen or Steel Granules and Powders market in Portugal was valued at 5.5451 million Euros in 2023. The market experienced fluctuations over the past decade, with notable declines in 2014 and 2020, followed by some recovery in 2021. The market slightly contracted by 0.83% in 2023 compared to 2022, continuing a trend of marginal annual declines. Over the last five years, the market's Compound Annual Growth Rate (CAGR) was negative at -1.08%, indicating an average annual decrease.
Future trends to watch for include potential technological advancements that could lead to increased efficiency and cost reductions, influencing market growth. Emerging demand for eco-friendly and sustainable steel production methods may also shape the market dynamics in the coming years, as well as potential shifts in global trade policies affecting imports and exports.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 130,840,000 | 2023 | -0.39% | -1.75% | View data |
| 2 | 2 Denmark | 26,955,000 | 2023 | +4.46% | +1.49% | View data |
| 3 | 3 Slovakia | 24,545,000 | 2023 | +4.61% | +4.58% | View data |
| 4 | 4 Hungary | 12,650,000 | 2023 | +2.83% | +0.99% | View data |
| 5 | 5 Finland | 11,313,000 | 2023 | +5.93% | +8.2% | View data |
| 6 | 6 Portugal | 5,545,100 | 2023 | -0.83% | -1.08% |
