Portugal - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 14, 2024

Portugal - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights

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Shelled Bean Price in Portugal - 2024

Contents:

  1. Shelled Bean Price in Portugal (CIF) - 2024
  2. Shelled Bean Price in Portugal (FOB) - 2022
  3. Shelled Bean Imports in Portugal
  4. Shelled Bean Exports in Portugal

Shelled Bean Price in Portugal (CIF) - 2024

In January 2024, the average shelled bean import price amounted to $1,640 per ton, shrinking by -12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 47% month-to-month. Over the period under review, average import prices attained the peak figure at $1,950 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2024, the highest price was recorded for prices from Spain ($1,860 per ton) and Canada ($1,711 per ton), while the price for Madagascar ($1,426 per ton) and Peru ($1,577 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Ethiopia (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Shelled Bean Price in Portugal (FOB) - 2022

The average shelled bean export price stood at $1,479 per ton in 2022, rising by 4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. The export price peaked at $1,596 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Sao Tome and Principe ($1,557 per ton) and Guinea-Bissau ($1,553 per ton), while the average price for exports to Angola ($1,371 per ton) and France ($1,402 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea-Bissau (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Bean Imports in Portugal

Shelled bean imports into Portugal surged to 499 tons in 2022, rising by 24% compared with 2021. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2020 with an increase of 149% against the previous year. As a result, imports reached the peak of 853 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, shelled bean imports surged to $759K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. As a result, imports attained the peak of $785K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Shelled Bean in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain30.779.261.6391133.5%
CanadaN/AN/AN/A1780%
Peru288248171173-15.6%
EthiopiaN/A77.9N/AN/A0%
TanzaniaN/A326105N/A-67.8%
Myanmar46.2N/A7.5N/A-59.7%
Brazil7.117.742.9N/A145.8%
Others3.835.829.117.967.6%
Total37678541775926.4%

Top Suppliers of Shelled Bean to Portugal in 2022:

  1. Spain (236.7 tons)
  2. Peru (125.4 tons)
  3. Canada (123.3 tons)

Shelled Bean Exports in Portugal

In 2022, the amount of shelled beans (dry) exported from Portugal reached 436 tons, stabilizing at the year before. In general, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 51%.

In value terms, shelled bean exports expanded significantly to $645K in 2022. Overall, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year.

Export of Shelled Bean in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sao Tome and Principe15931.530125316.7%
Angola179243207140-7.9%
Cabo Verde30186.82.6124-25.6%
Guinea-Bissau32.941.668.870.929.2%
France2.75.611.634.6134.0%
Others43.19.423.022.8-19.1%
Total718418614645-3.5%

Top Export Markets for Shelled Bean from Portugal in 2022:

  1. Sao Tome and Principe (162.2 tons)
  2. Angola (102.4 tons)
  3. Cabo Verde (87.7 tons)
  4. Guinea-Bissau (45.7 tons)
  5. France (24.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shelled bean market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 195 - Cow peas, dry

Country coverage:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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