Report Update Nov 1, 2024

Portugal - Groats and Meal of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Portugal

The Portuguese non-wheat groats market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a slight contraction. Non-wheat groats consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Non-Wheat Groats Production in Portugal

In value terms, non-wheat groats production rose notably to $X in 2021 estimated in export price. Overall, production recorded a deep slump. The growth pace was the most rapid in 2018 when the production volume increased by 31%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Non-Wheat Groats Exports

Exports from Portugal

In 2021, non-wheat groats exports from Portugal surged to X tons, jumping by 18% against the year before. Overall, exports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 37% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-wheat groats exports soared to $X in 2021. Over the period under review, exports showed a strong increase. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X tons) was the main destination for non-wheat groats exports from Portugal, accounting for a 63% share of total exports. Moreover, non-wheat groats exports to Angola exceeded the volume sent to the second major destination, Spain (X tons), twofold. Sao Tome and Principe (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Angola amounted to +119.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.1% per year) and Sao Tome and Principe (+10.1% per year).

In value terms, Angola ($X) remains the key foreign market for groats and meal of cereals (excluding wheat) exports from Portugal, comprising 59% of total exports. The second position in the ranking was taken by Spain ($X), with a 26% share of total exports. It was followed by Sao Tome and Principe, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Angola amounted to +93.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-3.9% per year) and Sao Tome and Principe (+10.7% per year).

Export Prices by Country

The average non-wheat groats export price stood at $X per ton in 2021, rising by 13% against the previous year. Overall, the export price, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 15%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Wheat Groats Imports

Imports into Portugal

In 2021, the amount of groats and meal of cereals (excluding wheat) imported into Portugal surged to X tons, growing by 40% on the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 79% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, non-wheat groats imports soared to $X in 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 72% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) was the main supplier of non-wheat groats to Portugal, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +28.8%.

In value terms, Spain ($X) constituted the largest supplier of groats and meal of cereals (excluding wheat) to Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +26.6%.

Import Prices by Country

The average non-wheat groats import price stood at $X per ton in 2021, growing by 12% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -1.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for groats and meal of cereals (excluding wheat) in the world?

China remains the largest non-wheat groats consuming country worldwide, accounting for 20% of total volume. Moreover, non-wheat groats consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of groats and meal of cereals (excluding wheat) in the world?

The country with the largest volume of non-wheat groats production was China, accounting for 20% of total volume. Moreover, non-wheat groats production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of groats and meal of cereals (excluding wheat) to Portugal?

In value terms, Spain constituted the largest supplier of non-wheat groats to Portugal.

What are the leading importers of groats and meal of cereals (excluding wheat) from Portugal?

In value terms, Angola remains the key foreign market for non-wheat groats exports from Portugal, comprising 59% of total exports. The second position in the ranking was occupied by Spain, with a 26% share of total exports.

What is the average export price for groats and meal of cereals (excluding wheat) in Portugal?

In 2021, the average non-wheat groats export price amounted to $400 per ton, rising by 13% against the previous year.

What is the average import price for groats and meal of cereals (excluding wheat) in Portugal?

In 2021, the average non-wheat groats import price amounted to $385 per ton, rising by 8.5% against the previous year.

This report provides an in-depth analysis of the non-wheat groats 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:

Prodcom 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)

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:

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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
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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