| Product Code: ETC5195466 | 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 |
In 2024, Portugal`s marine propulsion engine import market continued to see a high level of concentration, with top exporting countries including Spain, Metropolitan France, Belgium, Japan, and the Netherlands. The market experienced steady growth with a Compound Annual Growth Rate (CAGR) of 1.24% from 2020 to 2024, and a notable growth rate of 3.8% from 2023 to 2024. This data suggests a stable demand for marine propulsion engines in Portugal, with key countries maintaining their strong presence in the market.
By 2027, the Marine Propulsion Engine market in Portugal is anticipated to reach a growth rate of 2.27%, 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 Marine Propulsion Engine Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Marine Propulsion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Marine Propulsion Engine Market - Industry Life Cycle |
3.4 Portugal Marine Propulsion Engine Market - Porter's Five Forces |
3.5 Portugal Marine Propulsion Engine Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Portugal Marine Propulsion Engine Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
4 Portugal Marine Propulsion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial shipping activities in Portugal |
4.2.2 Growing focus on renewable energy sources leading to the adoption of eco-friendly propulsion engines |
4.2.3 Government initiatives supporting the maritime industry and promoting the use of advanced marine propulsion technologies |
4.3 Market Restraints |
4.3.1 Fluctuating fuel prices impacting the operational costs of marine vessels |
4.3.2 Technological limitations and high initial costs associated with adopting advanced propulsion systems |
4.3.3 Regulatory challenges and environmental concerns regarding emissions and pollution control in the maritime sector |
5 Portugal Marine Propulsion Engine Market Trends |
6 Portugal Marine Propulsion Engine Market Segmentations |
6.1 Portugal Marine Propulsion Engine Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Portugal Marine Propulsion Engine Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Portugal Marine Propulsion Engine Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.4 Portugal Marine Propulsion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Portugal Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Marine Propulsion Engine Market, By Ship Type |
6.2.1 Overview and Analysis |
6.2.2 Portugal Marine Propulsion Engine Market Revenues & Volume, By Cargo or Contanier Ship, 2021-2031F |
6.2.3 Portugal Marine Propulsion Engine Market Revenues & Volume, By Tanker, 2021-2031F |
6.2.4 Portugal Marine Propulsion Engine Market Revenues & Volume, By Bulk Carrier, 2021-2031F |
6.2.5 Portugal Marine Propulsion Engine Market Revenues & Volume, By Offshore Vessel, 2021-2031F |
6.2.6 Portugal Marine Propulsion Engine Market Revenues & Volume, By Passenger Ship, 2021-2031F |
6.2.7 Portugal Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
7 Portugal Marine Propulsion Engine Market Import-Export Trade Statistics |
7.1 Portugal Marine Propulsion Engine Market Export to Major Countries |
7.2 Portugal Marine Propulsion Engine Market Imports from Major Countries |
8 Portugal Marine Propulsion Engine Market Key Performance Indicators |
8.1 Average age of marine propulsion engines in Portugal |
8.2 Adoption rate of eco-friendly propulsion technologies in the maritime industry |
8.3 Investments in research and development for marine propulsion systems |
9 Portugal Marine Propulsion Engine Market - Opportunity Assessment |
9.1 Portugal Marine Propulsion Engine Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Portugal Marine Propulsion Engine Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
10 Portugal Marine Propulsion Engine Market - Competitive Landscape |
10.1 Portugal Marine Propulsion Engine Market Revenue Share, By Companies, 2024 |
10.2 Portugal Marine Propulsion 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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