Price for Mollusc Preparations; Mussels, Prepared or Preserved in Portugal - 2023

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (CIF) - 2023
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (FOB) - 2023
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (CIF) - 2023

In September 2023, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $2,956 per ton, waning by -28.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 34% m-o-m. The import price peaked at $4,219 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($7,403 per ton), while the price for Chile stood at $2,626 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.8%).

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (FOB) - 2023

In September 2023, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $9,618 per ton, jumping by 93% against the previous month. In general, the export price enjoyed a strong increase. The export price peaked at $10,043 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($23,835 per ton), while the average price for exports to Montenegro ($4,710 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal

In 2022, imports of mollusc preparations; mussels, prepared or preserveds into Portugal soared to 1.1K tons, increasing by 36% on 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds surged to $3.7M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1.01.61.82.535.7%
Spain0.80.81.01.111.2%
OthersN/AN/AN/A0.10%
Total1.82.42.83.727.1%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Portugal in 2022:

  1. Chile (945.0 tons)
  2. Spain (184.9 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds exported from Portugal soared to 114 tons, increasing by 169% against 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 263%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds soared to $533K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 233%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain57.00.80.820954.2%
United States6.528.768.171.5122.4%
France83.825.811451.5-15.0%
Italy0.10.38.140.6640.5%
Bosnia and HerzegovinaN/AN/A10.534.0223.8%
Angola1.74.06.511.287.5%
Switzerland11.011.421.111.10.3%
North MacedoniaN/AN/AN/A7.60%
Luxembourg5.03.110.75.74.5%
Others24.716.361.790.554.2%
Total19090.530153341.0%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Portugal in 2022:

  1. Spain (66.7 tons)
  2. Bosnia and Herzegovina (8.9 tons)
  3. Italy (7.8 tons)
  4. France (5.8 tons)
  5. United States (5.6 tons)
  6. North Macedonia (3.0 tons)
  7. Angola (1.7 tons)
  8. Switzerland (1.3 tons)
  9. Luxembourg (0.9 tons)

Source: IndexBox Market Intelligence Platform

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