Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Portugal - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $1,108 per ton in 2022, shrinking by -6.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $1,183 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,118 per ton), while the price for Greece stood at $576 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.4%).

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $230 per ton in 2022, which is down by -80.1% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75%. Over the period under review, the average export prices reached the maximum at $1,154 per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($588 per ton), while the average price for exports to Spain totaled $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+82.8%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal

In 2022, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Portugal soared to 3.3K tons, surging by 65% against the year before. Over the period under review, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 182%. As a result, imports reached the peak of 6.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $3.6M in 2022. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 165% against the previous year. As a result, imports attained the peak of $6.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.46.52.33.614.5%
GreeceN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.56.52.43.612.9%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Portugal in 2022:

  1. Spain (3.2K tons)
  2. Greece (0.1K tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal

Exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia from Portugal soared to 7.4K tons in 2022, picking up by 486% compared with the previous year. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $1.7M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 259% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain41.522.927.01,401223.2%
BelarusN/AN/A11915631.1%
Brazil65.2N/AN/A88.610.8%
ItalyN/A4421,253N/A183.5%
Others55.011660.056.50.9%
Total1625801,4591,702119.0%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Portugal in 2022:

  1. Spain (7.0K tons)
  2. Belarus (0.3K tons)
  3. Brazil (0.1K tons)

Source: IndexBox Market Intelligence Platform

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