| Product Code: ETC5872949 | 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 |
In 2024, Portugal saw a diverse range of top countries exporting light duty vehicles, with Morocco, Romania, Spain, Turkey, and the UK leading the way. Despite this variety, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The industry also demonstrated strong growth with a compound annual growth rate (CAGR) of 8.34% from 2020 to 2024, although there was a slight decline in the growth rate from 2023 to 2024 at -4.72%. This indicates a dynamic market landscape with opportunities for both domestic and international players in the light duty vehicle import sector in Portugal.
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 Light Duty Vehicle Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Light Duty Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Light Duty Vehicle Market - Industry Life Cycle |
3.4 Portugal Light Duty Vehicle Market - Porter's Five Forces |
3.5 Portugal Light Duty Vehicle Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Portugal Light Duty Vehicle Market Revenues & Volume Share, By Turbocharger, 2021 & 2031F |
4 Portugal Light Duty Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Portugal |
4.2.2 Growth in urbanization leading to higher demand for personal transportation |
4.2.3 Government incentives for adoption of electric vehicles |
4.2.4 Technological advancements in light duty vehicles |
4.2.5 Changing consumer preferences towards more fuel-efficient and environmentally friendly vehicles |
4.3 Market Restraints |
4.3.1 Economic downturn impacting consumer purchasing power |
4.3.2 Increasing competition from public transportation options |
4.3.3 Regulatory challenges and uncertainties in the automotive industry |
4.3.4 Fluctuating fuel prices affecting consumer preferences |
4.3.5 Infrastructure limitations for electric vehicle adoption |
5 Portugal Light Duty Vehicle Market Trends |
6 Portugal Light Duty Vehicle Market Segmentations |
6.1 Portugal Light Duty Vehicle Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Light Duty Vehicle Market Revenues & Volume, By Automatic transmission (AT), 2021-2031F |
6.1.3 Portugal Light Duty Vehicle Market Revenues & Volume, By Continuous variable transmission (CVT), 2021-2031F |
6.1.4 Portugal Light Duty Vehicle Market Revenues & Volume, By Manual transmission (MT), 2021-2031F |
6.2 Portugal Light Duty Vehicle Market, By Turbocharger |
6.2.1 Overview and Analysis |
6.2.2 Portugal Light Duty Vehicle Market Revenues & Volume, By Gasoline Turbocharged, 2021-2031F |
6.2.3 Portugal Light Duty Vehicle Market Revenues & Volume, By Diesel Turbocharged, 2021-2031F |
7 Portugal Light Duty Vehicle Market Import-Export Trade Statistics |
7.1 Portugal Light Duty Vehicle Market Export to Major Countries |
7.2 Portugal Light Duty Vehicle Market Imports from Major Countries |
8 Portugal Light Duty Vehicle Market Key Performance Indicators |
8.1 Average age of vehicles in Portugal |
8.2 Number of charging stations for electric vehicles |
8.3 Adoption rate of new vehicle technologies |
8.4 Average fuel efficiency of light duty vehicles sold |
8.5 Percentage of total vehicles on the road that are light duty vehicles |
9 Portugal Light Duty Vehicle Market - Opportunity Assessment |
9.1 Portugal Light Duty Vehicle Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Portugal Light Duty Vehicle Market Opportunity Assessment, By Turbocharger, 2021 & 2031F |
10 Portugal Light Duty Vehicle Market - Competitive Landscape |
10.1 Portugal Light Duty Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Portugal Light Duty Vehicle 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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