Portugal: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Portugal

The Portuguese mixes and doughs market rose sharply to $X in 2022, surging by 11% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Mixes and doughs consumption peaked in 2022 and is expected to retain growth in the immediate term.

Mixes And Doughs Production in Portugal

In value terms, mixes and doughs production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 11% against the previous year. Mixes and doughs production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Mixes And Doughs Exports

Exports from Portugal

In 2022, mixes and doughs exports from Portugal fell dramatically to X tons, declining by -27.2% against the previous year's figure. In general, exports, however, showed measured growth. The pace of growth was the most pronounced in 2014 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, mixes and doughs exports shrank dramatically to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for mixes and doughs exports from Portugal, with a 74% share of total exports. Moreover, mixes and doughs exports to Spain exceeded the volume sent to the second major destination, France (X tons), tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+36.3% per year) and the Netherlands (+108.5% per year).

In value terms, Spain ($X) remains the key foreign market for mixes and doughs exports from Portugal, comprising 67% of total exports. The second position in the ranking was held by France ($X), with a 7.9% share of total exports. It was followed by the Netherlands, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+30.4% per year) and the Netherlands (+96.5% per year).

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, with an increase of 7.1% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 9.9%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.5%), while the prices for the other major destinations experienced a decline.

Mixes And Doughs Imports

Imports into Portugal

In 2022, supplies from abroad of mixes and doughs increased by 10% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 17%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mixes and doughs imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of mixes and doughs imports to Portugal, together comprising 78% of total imports. Belgium, Poland, the UK and the Netherlands lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +114.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Germany ($X) appeared to be the largest mixes and doughs suppliers to Portugal, together comprising 79% of total imports. Belgium, the UK, Poland and the Netherlands lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Poland, with a CAGR of +91.0%, recorded the highest growth rate of 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

In 2022, the average mixes and doughs import price amounted to $X per ton, picking up by 2.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 6.4% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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