Analysis of the evolution in the number of manufacturing companies in Portugal between 2009 and 2021 to understand growth and decline trends

António Rocha, Edit Süle, David Oliveira, Paulo Gonçalves, Rui Alpuim, Vítor Gonçalves

Article ID: 9417
Vol 9, Issue 1, 2025


Abstract


This project analyzes the evolution of the manufacturing sector in Portugal from 2009 to 2021, focusing on the variations in the number of active companies across various subcategories, such as food, textiles, and metal product industries. The goal of this analysis is to understand the dynamics of growth and contraction within each sector, providing insights for companies to adjust their market and operational strategies. Key objectives include analyzing the overall evolution in the number of companies, identifying subcategories with notable changes, and providing a comprehensive analysis of observed trends and patterns. The study is based on data from PORDATA 2024, and the research employs temporal trend analysis, linear and quadratic regression, and the Pareto representation to identify patterns of growth and decline. By comparing annual data, the project uncovers periods of growth and decline, allowing for a deeper understanding of the sector’s dynamics. The findings also highlight variations in periods of economic crises and during the Covid-19 pandemic, and recommendations for action are presented to support businesses resilience and continuity. These results are valuable for companies within the manufacturing sectors analyzed and policy makers, guiding strategic decisions to navigate the complexities of the market dynamics and to ensuring long-term organizational sustainable success.


Keywords


businesses continuity; businesses growth; data analysis; manufacturing industry

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DOI: https://doi.org/10.24294/jipd9417

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