Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal - 2023

Contents:

1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal (CIF) - 2022
2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal (FOB) - 2022
3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal
4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal (CIF) - 2022

In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,690 per ton, with an increase of 5% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +1.6% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,420 per ton), while the price for the Netherlands ($1,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,423 per ton in 2022, which is down by -13.1% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. As a result, the export price reached the peak level of $2,016 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,942 per ton), while the average price for exports to France ($523 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 Cabo Verde (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal

Imports of vegetables, brassica; brussel sprouts, fresh or chilleds into Portugal surged to 305 tons in 2022, growing by 46% on 2021. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds skyrocketed to $515K in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Portugal in 2022:

1. Netherlands (177.5 tons)
2. Spain (67.9 tons)
3. Germany (58.6 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Portugal

After three years of growth, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -89.9% to 11 tons in 2022. Over the period under review, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 624%. As a result, the exports attained the peak of 110 tons, and then shrank remarkably in the following year.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds shrank remarkably to $16K in 2022. In general, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 488% against the previous year. As a result, the exports attained the peak of $180K, and then dropped sharply in the following year.

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Portugal in 2022:

1. Cuba (4.8 tons)
2. Spain (2.5 tons)
3. Angola (1.8 tons)
4. Cabo Verde (0.7 tons)
5. France (0.5 tons)
6. Guinea-Bissau (0.3 tons)

Source: IndexBox Market Intelligence Platform