Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal - 2024

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (CIF) - 2024
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (FOB) - 2024
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (CIF) - 2024

In September 2023, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,051 per ton, flattening at the previous month. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in April 2023 an increase of 26% m-o-m. The import price peaked at $2,271 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From March 2023 to September 2023, the rate of growth in terms of prices for Spain amounted to -4.2% per month.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (FOB) - 2024

In September 2023, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,366 per ton, with a decrease of -8.1% against the previous month. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 47% m-o-m. The export price peaked at $2,156 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($1,723 per ton), while the average price for exports to France ($1,051 per ton) was amongst the lowest.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal

After two years of decline, supplies from abroad of apricots, cherries, peaches (including nectarines), plums and sloes, freshes increased by 4% to 57K tons in 2022. In general, imports, however, recorded a sharp slump.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $72M in 2022. Overall, imports, however, saw a abrupt descent.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain53.775.066.567.17.7%
Others61.83.13.34.6-57.9%
Total11578.169.871.6-14.6%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Portugal in 2022:

  1. Spain (54.3K tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal

In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes exported from Portugal expanded slightly to 19K tons, picking up by 3.2% on the year before. Overall, exports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes shrank to $21M in 2022. Over the period under review, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 43%.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.94.47.37.759.4%
Germany0.21.83.54.7186.4%
France1.51.62.52.213.6%
Poland6.13.52.82.1-29.9%
United Kingdom2.42.73.51.8-9.1%
Brazil1.2N/A0.10.5-25.3%
Hungary0.40.31.20.40.0%
Others17.61.92.21.8-53.2%
Total31.316.223.321.4-11.9%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Portugal in 2022:

  1. Spain (7.2K tons)
  2. Germany (5.3K tons)
  3. France (1.9K tons)
  4. Poland (1.5K tons)
  5. United Kingdom (1.3K tons)
  6. Hungary (0.6K tons)
  7. Brazil (0.4K tons)

Source: IndexBox Market Intelligence Platform

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