Price for Vegetable Products Not Elsewhere Specified or Included in Portugal - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Portugal (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Portugal (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Portugal
- Imports of Vegetable Products Not Elsewhere Specified or Included in Portugal
Price for Vegetable Products Not Elsewhere Specified or Included in Portugal (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $205 per ton in 2022, shrinking by -15.9% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 265% against the previous year. As a result, the export price attained the peak level of $3,141 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($261 per ton), while the average price for exports to Belgium ($216 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 Belgium (-3.6%), while the prices for the other major destinations experienced a decline.
Price for Vegetable Products Not Elsewhere Specified or Included in Portugal (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $904 per ton, growing by 4% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 169% against the previous year. Over the period under review, average import prices attained the maximum at $1,346 per ton in 2013; however, from 2014 to 2022, 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 ($1,923 per ton), while the price for India ($678 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+53.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vegetable Products Not Elsewhere Specified or Included in Portugal
In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -23.1% to 16K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,998% against the previous year. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetable products not elsewhere specified or includeds reduced dramatically to $3.5M in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,132%.
| Export of Vegetable Products Not Elsewhere Specified or Included in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 3.7 | 4.5 | 2.9 | -11.5% |
| Netherlands | N/A | 0.3 | 0.4 | 0.4 | 15.5% |
| Spain | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.2 | 4.1 | 5.0 | 3.5 | 159.6% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Portugal in 2022:
- Belgium (13.2K tons)
- Netherlands (1.6K tons)
- Spain (0.8K tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Portugal
In 2022, overseas purchases of vegetable products not elsewhere specified or includeds decreased by -11.2% to 3.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 4.1K tons, and then fell in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds dropped to $3.3M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $3.6M, and then fell in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,289 | 2,020 | 2,670 | 2,075 | 17.2% |
| India | 199 | 144 | 259 | 525 | 38.2% |
| Sri Lanka | 79.6 | 17.4 | 33.0 | 145 | 22.1% |
| Italy | 90.5 | 47.0 | 252 | 111 | 7.0% |
| Others | 242 | 159 | 376 | 455 | 23.4% |
| Total | 1,900 | 2,387 | 3,590 | 3,312 | 20.3% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Portugal in 2022:
- Spain (2493.9 tons)
- India (774.4 tons)
- Sri Lanka (181.2 tons)
- Italy (57.9 tons)
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