Portugal: Canned Mushroom Market 2024

Canned Mushroom Market Size in Portugal

The Portuguese canned mushroom market dropped to $X in 2022, waning by -11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a mild downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Canned Mushroom Exports

Exports from Portugal

In 2022, shipments abroad of canned mushrooms was finally on the rise to reach X tons after seven years of decline. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 34%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, canned mushroom exports skyrocketed to $X in 2022. Overall, exports, however, faced a deep downturn. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Angola (X tons), Cabo Verde (X tons) and Mozambique (X tons) were the main destinations of canned mushroom exports from Portugal, together accounting for 83% of total exports. France, Luxembourg, the UK, Sao Tome and Principe and Spain lagged somewhat behind, together accounting for a further 8.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +14.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for canned mushroom exported from Portugal were Angola ($X), Cabo Verde ($X) and Mozambique ($X), together accounting for 80% of total exports. Luxembourg, France, the UK, Spain and Sao Tome and Principe lagged somewhat behind, together comprising a further 11%.

The UK, with a CAGR of +12.9%, saw the highest growth rate of the value of exports, among 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 2022, the average canned mushroom export price amounted to $X per ton, picking up by 9.4% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned mushroom export price increased by +91.8% against 2015 indices. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($X per ton) and Luxembourg ($X per ton), while the average price for exports to Angola ($X per ton) and Cabo Verde ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Mushroom Imports

Imports into Portugal

Canned mushroom imports into Portugal reduced to X tons in 2022, declining by -9.3% against 2021. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of 23%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, canned mushroom imports shrank to $X in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 11%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest canned mushroom supplier to Portugal, with a 84% share of total imports. Moreover, canned mushroom imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), ninefold.

From 2012 to 2022, 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: the Netherlands (-1.1% per year) and Germany (+8.5% per year).

In value terms, Spain ($X) constituted the largest supplier of canned mushrooms to Portugal, comprising 81% of total imports. The second position in the ranking was held by Germany ($X), with an 8.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.0% per year) and the Netherlands (-5.2% per year).

Import Prices by Country

The average canned mushroom import price stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($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 (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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