| Product Code: ETC5349347 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s crude oil import market in 2024 continues to showcase a strong presence from key exporters such as Brazil, Algeria, Azerbaijan, USA, and Nigeria. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 13.48% from 2020 to 2024 reflects sustained demand. Notably, the growth rate of 8.26% from 2023 to 2024 underlines the market`s resilience and potential for further expansion in the coming years.
The Crude Oil market in Portugal is projected to grow at a stable growth rate of 1.41% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Crude Oil Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Crude Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Crude Oil Market - Industry Life Cycle |
3.4 Portugal Crude Oil Market - Porter's Five Forces |
3.5 Portugal Crude Oil Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.6 Portugal Crude Oil Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.7 Portugal Crude Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Portugal Crude Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Portugal Crude Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing global demand for crude oil |
4.2.2 Technological advancements in oil exploration and production |
4.2.3 Government policies supporting oil industry growth |
4.3 Market Restraints |
4.3.1 Fluctuating oil prices in the international market |
4.3.2 Environmental concerns and regulations impacting oil production |
4.3.3 Competition from alternative energy sources |
5 Portugal Crude Oil Market Trends |
6 Portugal Crude Oil Market Segmentations |
6.1 Portugal Crude Oil Market, By Derivatives |
6.1.1 Overview and Analysis |
6.1.2 Portugal Crude Oil Market Revenues & Volume, By Paraffin, 2021-2031F |
6.1.3 Portugal Crude Oil Market Revenues & Volume, By Pentane, 2021-2031F |
6.1.4 Portugal Crude Oil Market Revenues & Volume, By Octane, 2021-2031F |
6.1.5 Portugal Crude Oil Market Revenues & Volume, By Naphthene, 2021-2031F |
6.1.6 Portugal Crude Oil Market Revenues & Volume, By Aromatics, 2021-2031F |
6.1.7 Portugal Crude Oil Market Revenues & Volume, By Asphaltic, 2021-2031F |
6.2 Portugal Crude Oil Market, By Composition |
6.2.1 Overview and Analysis |
6.2.2 Portugal Crude Oil Market Revenues & Volume, By Hydrocarbon Compounds, 2021-2031F |
6.2.3 Portugal Crude Oil Market Revenues & Volume, By Carbon, 2021-2031F |
6.2.4 Portugal Crude Oil Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.2.5 Portugal Crude Oil Market Revenues & Volume, By Non-Hydrocarbon Compounds, 2021-2031F |
6.2.6 Portugal Crude Oil Market Revenues & Volume, By Organometallic Compounds, 2021-2031F |
6.2.7 Portugal Crude Oil Market Revenues & Volume, By Sodium, 2021-2031F |
6.3 Portugal Crude Oil Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Portugal Crude Oil Market Revenues & Volume, By Light Distillates, 2021-2031F |
6.3.3 Portugal Crude Oil Market Revenues & Volume, By Light Oils, 2021-2031F |
6.3.4 Portugal Crude Oil Market Revenues & Volume, By Medium Oils, 2021-2031F |
6.3.5 Portugal Crude Oil Market Revenues & Volume, By Heavy Fuel Oil, 2021-2031F |
6.4 Portugal Crude Oil Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Portugal Crude Oil Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.4.3 Portugal Crude Oil Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.4.4 Portugal Crude Oil Market Revenues & Volume, By Mining, 2021-2031F |
6.4.5 Portugal Crude Oil Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 Portugal Crude Oil Market Revenues & Volume, By Residential, 2021-2031F |
7 Portugal Crude Oil Market Import-Export Trade Statistics |
7.1 Portugal Crude Oil Market Export to Major Countries |
7.2 Portugal Crude Oil Market Imports from Major Countries |
8 Portugal Crude Oil Market Key Performance Indicators |
8.1 Exploration and drilling efficiency |
8.2 Investment in infrastructure for oil transportation |
8.3 Compliance with environmental regulations |
8.4 Research and development spending on new oil extraction technologies |
8.5 Rate of adoption of renewable energy sources in Portugal |
9 Portugal Crude Oil Market - Opportunity Assessment |
9.1 Portugal Crude Oil Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.2 Portugal Crude Oil Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.3 Portugal Crude Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Portugal Crude Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Portugal Crude Oil Market - Competitive Landscape |
10.1 Portugal Crude Oil Market Revenue Share, By Companies, 2024 |
10.2 Portugal Crude Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |