| Product Code: ETC8878401 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Portugal saw an increase in automobile import shipments with top exporters being Morocco, Romania, Spain, Turkey, and the UK. The market remained competitive with low concentration indicated by the HHI. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 8.34%. This data suggests a steady demand for imported vehicles in Portugal, driven by diverse sources and maintaining a competitive market landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Automobile Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Automobile Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Automobile Market - Industry Life Cycle |
3.4 Portugal Automobile Market - Porter's Five Forces |
3.5 Portugal Automobile Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Portugal Automobile Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Portugal Automobile Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Portugal Automobile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population in Portugal, leading to higher purchasing power for automobiles. |
4.2.2 Technological advancements in the automotive sector, promoting the adoption of electric vehicles and connected car technologies. |
4.2.3 Government incentives and policies supporting the growth of the automotive industry, such as tax breaks for eco-friendly vehicles. |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in the market that could impact consumer confidence and purchasing behavior. |
4.3.2 Regulatory changes and uncertainties, especially related to emissions standards and tariffs, affecting the cost and availability of vehicles. |
4.3.3 Competition from other modes of transportation like public transport and ride-sharing services, impacting the demand for personal vehicles. |
5 Portugal Automobile Market Trends |
6 Portugal Automobile Market, By Types |
6.1 Portugal Automobile Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Automobile Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Portugal Automobile Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Portugal Automobile Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.1.5 Portugal Automobile Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.1.6 Portugal Automobile Market Revenues & Volume, By Three-wheelers, 2021- 2031F |
6.2 Portugal Automobile Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Portugal Automobile Market Revenues & Volume, By Internal Combustion Engine, 2021- 2031F |
6.2.3 Portugal Automobile Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.3 Portugal Automobile Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Portugal Automobile Market Revenues & Volume, By New Vehicles, 2021- 2031F |
6.3.3 Portugal Automobile Market Revenues & Volume, By Used Vehicles, 2021- 2031F |
7 Portugal Automobile Market Import-Export Trade Statistics |
7.1 Portugal Automobile Market Export to Major Countries |
7.2 Portugal Automobile Market Imports from Major Countries |
8 Portugal Automobile Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Portugal, indicating the need for new vehicle purchases. |
8.2 Number of charging stations for electric vehicles across the country, reflecting the infrastructure development for eco-friendly cars. |
8.3 Consumer sentiment towards purchasing vehicles, gauged through surveys or sentiment analysis. |
8.4 Adoption rate of autonomous driving features in new car models, showcasing technological acceptance and advancement in the market. |
8.5 Number of new car registrations in Portugal, excluding market share data, to track the overall growth of the automobile market. |
9 Portugal Automobile Market - Opportunity Assessment |
9.1 Portugal Automobile Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Portugal Automobile Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Portugal Automobile Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Portugal Automobile Market - Competitive Landscape |
10.1 Portugal Automobile Market Revenue Share, By Companies, 2024 |
10.2 Portugal Automobile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |