| Product Code: ETC5192939 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s import shipments of internal combustion engines in 2024 continued to be dominated by key players such as Metropolitan France, Italy, USA, Czechia, and the UK. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market saw a significant decline in compound annual growth rate (CAGR) from 2020 to 2024 at -10.5%. However, there was a notable uptick in growth from 2023 to 2024, with a growth rate of 35.47%, indicating a potential resurgence in demand for internal combustion engines in Portugal.
By 2027, the Internal Combustion Engine market in Portugal is anticipated to reach a growth rate of 2.16%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Internal Combustion Engine Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Internal Combustion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Internal Combustion Engine Market - Industry Life Cycle |
3.4 Portugal Internal Combustion Engine Market - Porter's Five Forces |
3.5 Portugal Internal Combustion Engine Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.6 Portugal Internal Combustion Engine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Portugal Internal Combustion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for internal combustion engine vehicles |
4.2.2 Growth of the automotive industry in Portugal |
4.2.3 Technological advancements in internal combustion engines |
4.3 Market Restraints |
4.3.1 Stringent emission regulations |
4.3.2 Shift towards electric vehicles |
4.3.3 Volatility in fuel prices |
5 Portugal Internal Combustion Engine Market Trends |
6 Portugal Internal Combustion Engine Market Segmentations |
6.1 Portugal Internal Combustion Engine Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 Portugal Internal Combustion Engine Market Revenues & Volume, By Petroleum, 2021-2031F |
6.1.3 Portugal Internal Combustion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Portugal Internal Combustion Engine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Portugal Internal Combustion Engine Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Portugal Internal Combustion Engine Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Portugal Internal Combustion Engine Market Revenues & Volume, By Aircraft, 2021-2031F |
7 Portugal Internal Combustion Engine Market Import-Export Trade Statistics |
7.1 Portugal Internal Combustion Engine Market Export to Major Countries |
7.2 Portugal Internal Combustion Engine Market Imports from Major Countries |
8 Portugal Internal Combustion Engine Market Key Performance Indicators |
8.1 Average age of vehicles in Portugal |
8.2 Number of new vehicle registrations |
8.3 Investment in research and development for internal combustion engines |
9 Portugal Internal Combustion Engine Market - Opportunity Assessment |
9.1 Portugal Internal Combustion Engine Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.2 Portugal Internal Combustion Engine Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Portugal Internal Combustion Engine Market - Competitive Landscape |
10.1 Portugal Internal Combustion Engine Market Revenue Share, By Companies, 2024 |
10.2 Portugal Internal Combustion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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