Portugal: Dry Vegetable Market 2025

Dry Vegetable Market Size in Portugal

The Portuguese dry vegetable market skyrocketed to $X in 2022, increasing by 473% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Dry vegetable consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Dry Vegetable Production in Portugal

In value terms, dry vegetable production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9%. Dry vegetable production peaked in 2022 and is likely to continue growth in the immediate term.

Dry Vegetable Exports

Exports from Portugal

After two years of decline, shipments abroad of dry vegetables increased by 11% to X tons in 2022. Overall, exports, however, continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2014 when exports increased by 34%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, dry vegetable exports surged to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 43% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons), France (X tons) and Germany (X tons) were the main destinations of dry vegetable exports from Portugal, together accounting for 45% of total exports. Hungary, Spain, Italy, Belgium, Canada, the Netherlands, Poland, Estonia, Japan and Ireland lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +70.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry vegetable exported from Portugal were the UK ($X), France ($X) and Spain ($X), with a combined 43% share of total exports. Germany, Hungary, Italy, Belgium, Canada, the Netherlands, Poland, Estonia, Japan and Ireland lagged somewhat behind, together comprising a further 49%.

Canada, with a CAGR of +79.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dry vegetable export price stood at $X per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the UK ($X 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 Spain (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dry Vegetable Imports

Imports into Portugal

Dry vegetable imports into Portugal skyrocketed to X tons in 2022, jumping by 50% compared with 2021 figures. Overall, imports, however, showed a slight contraction. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, dry vegetable imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a mild downturn. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest dry vegetable supplier to Portugal, accounting for a 58% share of total imports. Moreover, dry vegetable imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by China (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.3% per year) and China (+4.5% per year).

In value terms, Spain ($X), Germany ($X) and France ($X) constituted the largest dry vegetable suppliers to Portugal, with a combined 70% share of total imports. China, Poland, India, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Poland, with a CAGR of +86.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dry vegetable import price amounted to $X per ton, waning by -17.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 29%. As a result, import price reached the peak level of $X per ton, and then contracted sharply in the following year.

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 France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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