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Portugal - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Portugal - 2023
Contents:
- Walnut Price in Portugal (CIF) - 2023
- Walnut Price in Portugal (FOB) - 2022
- Walnut Imports in Portugal
- Walnut Exports in Portugal
Walnut Price in Portugal (CIF) - 2023
In August 2023, the average walnut import price amounted to $2,363 per ton, falling by -21.4% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 23% against the previous month. As a result, import price attained the peak level of $4,286 per ton. From March 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,467 per ton), while the price for Chile ($2,023 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.3%), while the prices for the other major suppliers experienced a decline.
Walnut Price in Portugal (FOB) - 2022
The average walnut export price stood at $2,882 per ton in 2022, falling by -33.7% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $5,468 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($5,396 per ton), while the average price for exports to Italy ($2,354 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 Italy (+1.8%), while the prices for the other major destinations experienced a decline.
Walnut Imports in Portugal
After three years of growth, purchases abroad of walnuts decreased by -30.9% to 904 tons in 2022. Overall, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2020 when imports increased by 33%.
In value terms, walnut imports shrank markedly to $2.9M in 2022. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $4.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Walnut in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,104 | 2,909 | 1,645 | 1,075 | -0.9% |
France | 1,604 | 1,305 | 1,483 | 775 | -21.5% |
Chile | 180 | 194 | 785 | 625 | 51.4% |
Argentina | N/A | 21.5 | 220 | 288 | 266.0% |
Others | 471 | 157 | 173 | 113 | -37.9% |
Total | 3,359 | 4,586 | 4,306 | 2,876 | -5.0% |
Top Suppliers of Walnut to Portugal in 2022:
- Spain (305.6 tons)
- Chile (256.3 tons)
- France (237.0 tons)
- Argentina (97.3 tons)
Walnut Exports in Portugal
Walnut exports from Portugal skyrocketed to 675 tons in 2022, jumping by 155% compared with the previous year's figure. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, walnut exports skyrocketed to $1.9M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Walnut in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 475 | 331 | 796 | 1,103 | 32.4% |
Germany | 19.6 | 19.6 | 82.8 | 317 | 152.9% |
Italy | 224 | 227 | 227 | 296 | 9.7% |
United Kingdom | 2.9 | 1.1 | 3.7 | 135 | 259.7% |
Others | 119 | 55.3 | 43.8 | 96.1 | -6.9% |
Total | 840 | 635 | 1,153 | 1,947 | 32.3% |
Top Export Markets for Walnut from Portugal in 2022:
- Spain (402.1 tons)
- Italy (125.6 tons)
- Germany (83.1 tons)
- United Kingdom (37.8 tons)
This report provides an in-depth analysis of the walnut 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 222 - Walnuts
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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