Portugal: Grape Market 2025

Grape Market Size in Portugal

The Portuguese grape market stood at $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Grape Production in Portugal

In value terms, grape production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 11%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average grape yield in Portugal contracted to X tons per ha, waning by -6.4% against 2021. The yield figure increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when the yield increased by 15%. As a result, the yield attained the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of grapes in Portugal totaled X ha, standing approx. at the previous year. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 2.2%. Over the period under review, the harvested area dedicated to grape production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Grape Exports

Exports from Portugal

In 2022, overseas shipments of grapes increased by 18% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2014 when exports increased by 41%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, grape exports totaled $X in 2022. In general, exports, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of 49% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for grape exports from Portugal, accounting for a 58% share of total exports. Moreover, grape exports to Spain exceeded the volume sent to the second major destination, Poland (X tons), fourfold. Cabo Verde (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-12.3% per year) and Cabo Verde (+6.9% per year).

In value terms, Spain ($X) remains the key foreign market for grapes exports from Portugal, comprising 47% of total exports. The second position in the ranking was held by Poland ($X), with a 23% share of total exports. It was followed by Cabo Verde, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-1.5% per year) and Cabo Verde (+7.7% per year).

Export Prices by Country

In 2022, the average grape export price amounted to $X per ton, dropping by -4.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2018 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Belgium ($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 Poland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Imports

Imports into Portugal

Grape imports into Portugal rose significantly to X tons in 2022, picking up by 7.4% on the previous year. The total import volume increased at an average annual rate of +4.6% 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 16% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, grape imports stood at $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest grape supplier to Portugal, accounting for a 63% share of total imports. Moreover, grape imports from Spain exceeded the figures recorded by the second-largest supplier, Chile (X tons), sixfold. Peru (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+5.9% per year) and Peru (+14.3% per year).

In value terms, Spain ($X) constituted the largest supplier of grapes to Portugal, comprising 58% of total imports. The second position in the ranking was held by Peru ($X), with an 11% share of total imports. It was followed by Chile, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+13.8% per year) and Chile (+6.7% per year).

Import Prices by Country

The average grape import price stood at $X per ton in 2022, which is down by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then shrank in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Africa ($X per ton) and Germany ($X per ton), while the price for Italy ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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