Portugal: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Portugal

In 2021, the Portuguese fruit or nut preserves market decreased by -10.3% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Fruit or nut preserves consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Portugal

In value terms, fruit or nut preserves production reduced to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Portugal

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes exported from Portugal rose significantly to X tons, with an increase of 13% on 2020 figures. In general, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% 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 +50.4% against 2017 indices. The pace of growth was the most pronounced in 2013 when exports increased by 73% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports surged to $X in 2021. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 60% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), the United States (X tons) and France (X tons) were the main destinations of fruit or nut preserves exports from Portugal, together accounting for 60% of total exports. These countries were followed by Angola, Poland, Cabo Verde, Canada, Switzerland, the UK and Belgium, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +40.2%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and France ($X) were the largest markets for fruit or nut preserves exported from Portugal worldwide, with a combined 61% share of total exports.

The United States, with a CAGR of +44.1%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average fruit or nut preserves export price amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Portugal

In 2021, after two years of decline, there was growth in supplies from abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes, when their volume increased by 1.2% to X tons. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% 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 -30.4% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 24% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, fruit or nut preserves imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 19%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of fruit or nut preserves to Portugal, accounting for a 42% share of total imports. Moreover, fruit or nut preserves imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.5% per year) and Belgium (+23.5% per year).

In value terms, Spain ($X), France ($X) and Belgium ($X) appeared to be the largest fruit or nut preserves suppliers to Portugal, together comprising 73% of total imports. Germany, the Netherlands, Brazil and India lagged somewhat behind, together accounting for a further 23%.

India, with a CAGR of +48.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fruit or nut preserves import price stood at $X per ton in 2021, increasing by 5.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 9.1% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, 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 (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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