In 2022, over 67 percent of the Portuguese light passenger vehicle market were used vehicles imported from the European Union. This steep rise of 17.6 percentage points year-over-year was partly due to the semiconductor shortage, which impacted new car inventory. Portugal's business fleets also faced delayed renewals, which contributed to a decreased stock of used vehicles coming from the national market.
Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022
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Sapo. (February 15, 2023). Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/
Sapo. "Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022." Chart. February 15, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/
Sapo. (2023). Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/
Sapo. "Share of Used Light Passenger Vehicles Imported from The European Union in The Overall Portuguese Car Market between 2008 and 2022." Statista, Statista Inc., 15 Feb 2023, https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/
Sapo, Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022 Statista, https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/ (last visited November 23, 2024)
Share of used light passenger vehicles imported from the European Union in the overall Portuguese car market between 2008 and 2022 [Graph], Sapo, February 15, 2023. [Online]. Available: https://www.statista.com/statistics/1400314/portugal-european-union-used-light-passenger-vehicle-import-ratio/