The commercial industrial gas market in Portugal is estimated to have generated revenues of $371m in 2019. This is up from $217m in 2009, indicating an average annual growth rate of 5.7% for the decade.
Between 2009 and 2019 GDP grew by an average of 1.6% per year. Portugal has become a diversified and increasingly service-based economy since joining the European Community, the European Union’s predecessor, in 1986.
Within the 2019-2024 timeframe, gasworld business intelligence predict growth from 1.3% p.a. in a low scenario to 2.8% p.a. in a high scenario. Accordingly, the industry in Portugal is expected to achieve revenues of between $396m to $425m by 2024.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
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