Portugal: Cucumber And Gherkin Market 2024

Cucumber And Gherkin Market Size in Portugal

The Portuguese cucumber and gherkin market rose significantly to $X in 2022, with an increase of 12% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +24.5% against 2019 indices. Cucumber and gherkin consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Cucumber And Gherkin Production in Portugal

In value terms, cucumber and gherkin production expanded markedly to $X in 2022 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 39%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of cucumbers and gherkins in Portugal contracted to X tons per ha, shrinking by -5.4% compared with 2021 figures. The yield figure increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 33% against the previous year. Over the period under review, the average cucumber and gherkin yield reached the peak level at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cucumber and gherkin harvested area in Portugal rose notably to X ha in 2022, increasing by 5% compared with the previous year's figure. Over the period under review, the total harvested area indicated a tangible expansion from 2012 to 2022: its figure increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cucumber and gherkin harvested area decreased by -4.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year. The cucumber and gherkin harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Cucumber And Gherkin Exports

Exports from Portugal

In 2022, cucumber and gherkin exports from Portugal soared to X tons, picking up by 166% compared with 2021. In general, exports saw resilient growth. The growth pace was the most rapid in 2015 when exports increased by 208%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cucumber and gherkin exports soared to $X in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Spain (X tons) and Germany (X tons) were the main destinations of cucumber and gherkin exports from Portugal, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +80.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for cucumbers and gherkins exports from Portugal, comprising 61% of total exports. The second position in the ranking was taken by Spain ($X), with a 27% share of total exports. It was followed by Germany, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Poland stood at +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+16.3% per year) and Germany (+84.0% per year).

Export Prices by Country

The average cucumber and gherkin export price stood at $X per ton in 2022, surging by 47% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cucumber and gherkin export price increased by +75.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 50%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and France ($X per ton), while the average price for exports to Spain ($X per ton) and Germany ($X 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 Spain (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cucumber And Gherkin Imports

Imports into Portugal

In 2022, supplies from abroad of cucumbers and gherkins increased by 35% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate prominent growth. The growth pace was the most rapid in 2016 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, cucumber and gherkin imports skyrocketed to $X in 2022. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) was the main cucumber and gherkin supplier to Portugal, with a 90% share of total imports. Moreover, cucumber and gherkin imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +8.2%.

In value terms, Spain ($X) constituted the largest supplier of cucumbers and gherkins to Portugal, comprising 79% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +10.1%.

Import Prices by Country

The average cucumber and gherkin import price stood at $X per ton in 2022, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%).

Source: IndexBox Platform

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