Bio-lubricants Market End-use Industry, By Others
Portugal Chemicals Production Index
What is Portugal's chemicals production index (index (2021=100))? As of 2026, it's 50 index (2021=100), down from 119.1 index (2021=100) in 2015.
| Label | Chemicals Production Index (index (2021=100)) |
|---|---|
| 2015 | 119.07 index (2021=100) |
| 2016 | 116.1 index (2021=100) |
| 2017 | 120.61 index (2021=100) |
| 2018 | 103.55 index (2021=100) |
| 2019 | 108.72 index (2021=100) |
| 2020 | 105.23 index (2021=100) |
| 2021 | 100 index (2021=100) |
| 2022 | 87.25 index (2021=100) |
| 2023 | 62.16 index (2021=100) |
| 2024 | 52.55 index (2021=100) |
| 2025 | 47.7 index (2021=100) |
| 2026 | 50.04 index (2021=100) |
Data Source: Eurostat and Wantstats Repository
Portugal Chemicals Production Index: Key Points
- Start with the headline number: Portugal's chemicals Production Index closed 2026 at 50.04 index (2021=100), up from 119.07 index (2021=100) back in 2015 — a 58% fall over the stretch.
- 2018: falls to 103.55 index (2021=100) (-14%).
- 2019: up to 108.72 index (2021=100) (+5%).
- 2020-2025: drops hard to 47.70 index (2021=100) (-56%).
- 2026: lifts to 50.04 index (2021=100) (+5%).
- Net result across the whole period: down 58.0%, closing 2026 at 50.04 index (2021=100).
What The Volatility Really Means
With movement this mixed, it is worth being skeptical of anyone drawing a strong conclusion from just the start and end points.
29% in a single year, 2023, is a lot. Before reading it as a real-world shift, check whether the data source changed methodology or survey basis around that year — it happens more often than you'd think with modeled national statistics.
Treat the exact numbers as directional rather than precise, and lean on the overall shape of the chemicals Production Index line for Portugal rather than any one year in isolation.
Like most indicator series of this kind, the Portugal numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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