Report Update Nov 1, 2024

Portugal - Cream - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Cream Market 2021

Cream Market Size in Portugal

The Portuguese cream market rose rapidly to $X in 2020, picking up by X% against the previous year. In general, the total consumption indicated a notable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2009 indices. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in years to come.

Cream Production in Portugal

In value terms, cream production contracted to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Cream Exports

Exports from Portugal

In 2020, the amount of cream exported from Portugal soared to X tons, growing by X% compared with the previous year's figure. In general, exports, however, recorded a abrupt downturn. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, cream exports soared to $X in 2020. Over the period under review, exports, however, showed a deep slump. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Angola (X tons) was the main destination for cream exports from Portugal, accounting for a X% share of total exports. Moreover, cream exports to Angola exceeded the volume sent to the second major destination, Spain (X tons), tenfold.

From 2007 to 2020, the average annual growth rate of volume to Angola amounted to +X%.

In value terms, Spain ($X) and Angola ($X) appeared to be the largest markets for cream exported from Portugal worldwide, together comprising X% of total exports.

Angola recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average cream export price amounted to $X per ton, declining by -X% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Spain ($X per ton), while the average price for exports to Angola totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain.

Cream Imports

Imports into Portugal

For the tenth year in a row, Portugal recorded growth in overseas purchases of cream, which increased by X% to X tons in 2020. Overall, imports showed a resilient expansion. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, cream imports expanded significantly to $X in 2020. Over the period under review, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in years to come.

Imports by Country

In 2020, Spain (X tons) was the main supplier of cream to Portugal, accounting for a X% share of total imports. Moreover, cream imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Spain stood at +X%.

In value terms, Spain ($X) constituted the largest supplier of cream to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled +X%.

Import Prices by Country

The average cream import price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price saw a slight contraction. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Spain stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cream in the world?

The countries with the highest volumes of cream consumption in 2020 were China, the U.S. and Germany, with a combined 34% share of global consumption. These countries were followed by France, Norway, Indonesia, Pakistan, Bangladesh, South Korea, Ethiopia, the UK, Iran and Canada, which together accounted for a further 24%.

What are the largest producers of cream in the world?

The countries with the highest volumes of cream production in 2020 were China, the U.S. and Germany, together accounting for 34% of global production. Norway, Indonesia, Pakistan, Bangladesh, France, Ethiopia, South Korea, Iran, Canada and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 24%.

What are the leading suppliers of cream to Portugal?

In value terms, Spain constituted the largest supplier of cream to Portugal, comprising 85% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports.

What are the leading importers of cream from Portugal?

In value terms, Spain and Angola constituted the largest markets for cream exported from Portugal worldwide, with a combined 98% share of total exports.

What is the average export price for cream in Portugal?

The average cream export price stood at $1,092 per ton in 2020, falling by -11.8% against the previous year.

What is the average import price for cream in Portugal?

In 2020, the average cream import price amounted to $1,301 per ton, dropping by -1.8% against the previous year.

This report provides an in-depth analysis of the cream 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 2025.

Product coverage:

Prodcom 10511210 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
Prodcom 10511220 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l
Prodcom 10511230 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
Prodcom 10511240 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l

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.

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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023