Portugal: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Portugal

In 2021, the Portuguese market for jams, jellies, puree and pastes decreased by -11.7% to $X, falling for the third year in a row after three years of growth. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Jellies, Puree And Pastes in Portugal

In value terms, jam, jelly, puree and paste production dropped to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Portugal

Jam, jelly, puree and paste exports from Portugal soared to X tons in 2021, rising by 25% compared with 2020 figures. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 62%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, jam, jelly, puree and paste exports surged to $X in 2021. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.3% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 54% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for jam, jelly, puree and paste exports from Portugal, with a 31% share of total exports. Moreover, jam, jelly, puree and paste exports to Spain exceeded the volume sent to the second major destination, France (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.5% per year) and the United States (+26.9% per year).

In value terms, the largest markets for jam, jelly, puree and paste exported from Portugal were Spain ($X), the United States ($X) and France ($X), with a combined 61% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +31.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, increasing by 11% against the previous year. Overall, the export price, however, showed a mild decrease. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Cabo Verde ($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 the United States (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Portugal

In 2021, after two years of decline, there was growth in supplies from abroad of jams, jellies, puree and pastes, when their volume increased by 0.5% to X tons. In general, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -34.1% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, jam, jelly, puree and paste imports rose sharply to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 40%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of jam, jelly, puree and paste to Portugal, accounting for a 45% share of total imports. Moreover, jam, jelly, puree and paste imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.6% per year) and Belgium (+23.5% per year).

In value terms, the largest jam, jelly, puree and paste suppliers to Portugal were Spain ($X), France ($X) and Belgium ($X), with a combined 74% share of total imports. Germany, the Netherlands, Brazil, Italy and India lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, India, with a CAGR of +48.8%, saw the highest rates of growth with regard to 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

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, increasing by 5.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 9.1% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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