Report Update Nov 1, 2024

Portugal - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Market for Herring, Salted Or In Brine 2024

Market Size for Herring, Salted Or In Brine in Portugal

The Portuguese market for herring, salted or in brine rose rapidly to $X in 2022, surging by 7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Exports of Herring, Salted Or In Brine

Exports from Portugal

Herring, salted or in brine exports from Portugal declined remarkably to X kg in 2019, dropping by -50% on the previous year's figure. Overall, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2017 with an increase of 45%. Over the period under review, the exports hit record highs at X kg in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

In value terms, herring, salted or in brine exports shrank rapidly to $X in 2019. In general, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2019, the exports failed to regain momentum.

Exports by Country

Italy (X kg), Angola (X kg) and the Netherlands (X kg) were the main destinations of herring, salted or in brine exports from Portugal.

From 2014 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, Italy ($X) emerged as the key foreign market for herring, salted or in brine exports from Portugal, comprising 62% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 28% share of total exports.

From 2014 to 2019, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-29.8% per year) and Angola (-55.0% per year).

Export Prices by Country

The average export price for herring, salted or in brine stood at $X per ton in 2019, declining by -2.7% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 8.3%. The export price peaked at $X per ton in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2014 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+116.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Herring, Salted Or In Brine

Imports into Portugal

For the third consecutive year, Portugal recorded growth in supplies from abroad of herring, salted or in brine, which increased by 5.5% to X tons in 2022. In general, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, herring, salted or in brine imports amounted to $X in 2022. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 129%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons) was the main herring, salted or in brine supplier to Portugal, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +11.0%.

In value terms, Germany ($X) constituted the largest supplier of herring, salted or in brine to Portugal.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +9.2%.

Import Prices by Country

The average import price for herring, salted or in brine stood at $X per ton in 2022, increasing by 2.5% against the previous year. Overall, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for herring, salted or in brine in the world?

The country with the largest volume of herring, salted or in brine consumption was China, accounting for 20% of total volume. Moreover, herring, salted or in brine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Japan ranked third in terms of total consumption with a 4.4% share.

What are the largest producers of herring, salted or in brine in the world?

China constituted the country with the largest volume of herring, salted or in brine production, comprising approx. 20% of total volume. Moreover, herring, salted or in brine production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.4% share.

What are the leading suppliers of herring, salted or in brine to Portugal?

In value terms, Germany constituted the largest supplier of herring, salted or in brine to Portugal.

What are the leading importers of herring, salted or in brine from Portugal?

In value terms, Italy emerged as the key foreign market for herring, salted or in brine exports from Portugal, comprising 68% of total exports. The second position in the ranking was occupied by the Netherlands, with a 31% share of total exports.

What is the average export price for herring, salted or in brine in Portugal?

The average export price for herring, salted or in brine stood at $2,667 per ton in 2019, approximately reflecting the previous year.

What is the average import price for herring, salted or in brine in Portugal?

The average import price for herring, salted or in brine stood at $2,441 per ton in 2021, falling by -8.6% against the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine 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:

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