| Product Code: ETC5673715 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | 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`s import of monoethylene glycol (MEG) continued to be dominated by key suppliers such as Spain, Belgium, Saudi Arabia, Netherlands, and Turkey. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 11.07%. However, there was a notable decline in the growth rate from 2023 to 2024, showing a decrease of -21.13%. The market dynamics suggest both opportunities and challenges for stakeholders in the MEG 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 Monoethylene Glycol (MEG) Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, 2022 & 2032F |
3.3 Portugal Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 Portugal Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 Portugal Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the textile industry, as monoethylene glycol is widely used in the production of polyester fibers. |
4.2.2 Increasing demand for PET bottles and packaging materials, which are major applications of monoethylene glycol. |
4.2.3 Favorable government regulations promoting the use of bio-based ethylene glycol products. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, particularly the fluctuation in crude oil prices that impact the production costs of monoethylene glycol. |
4.3.2 Environmental concerns and regulations related to the disposal and recycling of monoethylene glycol-based products. |
5 Portugal Monoethylene Glycol (MEG) Market Trends |
6 Portugal Monoethylene Glycol (MEG) Market Segmentations |
6.1 Portugal Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2022 - 2032F |
6.1.3 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2022 - 2032F |
6.1.4 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2022 - 2032F |
6.1.5 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2022 - 2032F |
6.1.6 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Portugal Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2022 - 2032F |
6.2.3 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2022 - 2032F |
6.2.4 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2022 - 2032F |
6.2.5 Portugal Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2022 - 2032F |
7 Portugal Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 Portugal Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 Portugal Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 Portugal Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Average selling price of monoethylene glycol in the Portugal market. |
8.2 Number of new product developments or innovations in the monoethylene glycol sector. |
8.3 Percentage of market share held by bio-based ethylene glycol products in Portugal. |
9 Portugal Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 Portugal Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 Portugal Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 Portugal Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 Portugal Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2025 |
10.2 Portugal Monoethylene Glycol (MEG) 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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