Portugal: Market for Jute And Jute-Like Fibers 2025

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

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