Portugal: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in Portugal

The Portuguese nuts (prepared or preserved) market soared to $X in 2022, rising by X% against the previous year. In general, consumption posted a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Nuts (Prepared Or Preserved) in Portugal

In value terms, nuts (prepared or preserved) production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Nuts (Prepared Or Preserved)

Exports from Portugal

In 2022, after two years of growth, there was significant decline in overseas shipments of nuts (prepared or preserved), when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, nuts (prepared or preserved) exports stood at $X in 2022. Over the period under review, exports, however, recorded measured growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons), France (X tons) and Angola (X tons) were the main destinations of nuts (prepared or preserved) exports from Portugal, with a combined X% share of total exports. Cabo Verde, Luxembourg and Morocco lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nuts (prepared or preserved) exported from Portugal were Spain ($X), France ($X) and Angola ($X), with a combined X% share of total exports. Cabo Verde, Luxembourg and Morocco lagged somewhat behind, together comprising a further X%.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nuts (prepared or preserved) export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports into Portugal

In 2022, the amount of nuts (prepared or preserved) imported into Portugal surged to X tons, rising by X% against 2021. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, nuts (prepared or preserved) imports expanded markedly to $X in 2022. In general, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of nuts (prepared or preserved) to Portugal, with a X% share of total imports. Moreover, nuts (prepared or preserved) imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X), Germany ($X) and the Netherlands ($X) constituted the largest nuts (prepared or preserved) suppliers to Portugal, with a combined X% share of total imports. Italy, France and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts (prepared or preserved) import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform