| Product Code: ETC5524888 | 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 liquid nitrogen import market in 2024 continued to be dominated by top exporters such as Spain, USA, Metropolitan France, Germany, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -1.12%, there was a notable growth rate of 8.67% from 2023-24. These trends suggest a stable market with potential opportunities for expansion and diversification in the coming years.
In the Europe region, the Liquid Nitrogen market in Portugal is projected to expand at a stable growth rate of 1.27% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Liquid Nitrogen Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Liquid Nitrogen Market - Industry Life Cycle |
3.4 Portugal Liquid Nitrogen Market - Porter's Five Forces |
3.5 Portugal Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Portugal Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Portugal Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Portugal Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Portugal Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the healthcare sector for cryogenic applications |
4.2.2 Growing adoption of liquid nitrogen in the food and beverage industry for freezing and packaging purposes |
4.2.3 Rising usage of liquid nitrogen in the electronics industry for cooling applications |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up liquid nitrogen production and storage facilities |
4.3.2 Stringent regulations related to the handling and transportation of liquid nitrogen |
4.3.3 Limited availability of skilled workforce with expertise in handling liquid nitrogen |
5 Portugal Liquid Nitrogen Market Trends |
6 Portugal Liquid Nitrogen Market Segmentations |
6.1 Portugal Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Portugal Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Portugal Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Portugal Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Portugal Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Portugal Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Portugal Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Portugal Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Portugal Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Portugal Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Portugal Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Portugal Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Portugal Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Portugal Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Portugal Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Portugal Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Portugal Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Portugal Liquid Nitrogen Market Export to Major Countries |
7.2 Portugal Liquid Nitrogen Market Imports from Major Countries |
8 Portugal Liquid Nitrogen Market Key Performance Indicators |
8.1 Average selling price of liquid nitrogen |
8.2 Number of new applications utilizing liquid nitrogen |
8.3 Percentage of capacity utilization in liquid nitrogen production plants |
9 Portugal Liquid Nitrogen Market - Opportunity Assessment |
9.1 Portugal Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Portugal Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Portugal Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Portugal Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Portugal Liquid Nitrogen Market - Competitive Landscape |
10.1 Portugal Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Portugal Liquid Nitrogen 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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