Portugal - Jute and Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPortugal: Market for Jute And Jute-Like Fibers 2024
Market Size for Jute And Jute-Like Fibers in Portugal
After two years of growth, the Portuguese jute and jute-like fibers market decreased by -22.3% to $X in 2022. Over the period under review, consumption saw a drastic downturn. Jute and jute-like fibers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Production of Jute And Jute-Like Fibers in Portugal
In value terms, jute and jute-like fibers production fell modestly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
In 2022, the average jute and jute-like fibers yield in Portugal totaled less than X kg per ha, flattening at 2021. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, approx. less than X ha of jute and jute-like fibers were harvested in Portugal; approximately equating 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.
Exports of Jute And Jute-Like Fibers
Exports from Portugal
In 2022, shipments abroad of jute and jute-like fibers increased by 28% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 385%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.
In value terms, jute and jute-like fibers exports surged to $X in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 290%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
France (X tons) was the main destination for jute and jute-like fibers exports from Portugal, accounting for a 81% share of total exports. Moreover, jute and jute-like fibers exports to France exceeded the volume sent to the second major destination, Spain (X tons), fivefold.
From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +16.2%.
In value terms, France ($X) remains the key foreign market for jute and jute-like fibers exports from Portugal, comprising 73% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports.
From 2012 to 2022, the average annual growth rate of value to France amounted to +19.6%.
Export Prices by Country
The average jute and jute-like fibers export price stood at $X per ton in 2022, rising by 13% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 42% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.9%).
Imports of Jute And Jute-Like Fibers
Imports into Portugal
In 2022, imports of jute and jute-like fibers into Portugal skyrocketed to X tons, growing by 33% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 159%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.
In value terms, jute and jute-like fibers imports soared to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 207% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.
Imports by Country
In 2022, India (X tons) constituted the largest supplier of jute and jute-like fibers to Portugal, with a 50% share of total imports. Moreover, jute and jute-like fibers imports from India exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 12% share.
From 2012 to 2022, the average annual growth rate of volume from India stood at -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.8% per year) and the Netherlands (+108.0% per year).
In value terms, Nepal ($X), India ($X) and the Netherlands ($X) were the largest jute and jute-like fibers suppliers to Portugal, with a combined 76% share of total imports.
Nepal, with a CAGR of +388.6%, recorded the highest rates of growth with regard to 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
In 2022, the average jute and jute-like fibers import price amounted to $X per ton, picking up by 6.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nepal ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+707.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for jute and jute-like fibers 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:
- FCL 780 - Jute
- FCL 782 - Jute-like fibres
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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