Portugal: Mustard Seed Market 2025

Mustard Seed Market Size in Portugal

The Portuguese mustard seed market dropped dramatically to $X in 2022, shrinking by -79.7% 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). Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Mustard Seed Exports

Exports from Portugal

In 2022, after three years of growth, there was significant decline in shipments abroad of mustard seed, when their volume decreased by -64.5% to X tons. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,956% against the previous year. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, mustard seed exports contracted markedly to $X in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,152% against the previous year. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

Germany (X tons) was the main destination for mustard seed exports from Portugal, with a 78% share of total exports. Moreover, mustard seed exports to Germany exceeded the volume sent to the second major destination, Spain (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +526.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+459.4% per year) and Angola (-37.3% per year).

In value terms, Germany ($X), Spain ($X) and Angola ($X) were the largest markets for mustard seed exported from Portugal worldwide, together comprising 87% of total exports.

Among the main countries of destination, Spain, with a CAGR of +370.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average mustard seed export price stood at $X per ton in 2022, surging by 3.1% against the previous year. In general, the export price, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 an increase of 44%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, 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 Angola ($X per ton), while the average price for exports to Germany ($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 Angola (-3.4%), while the prices for the other major destinations experienced a decline.

Mustard Seed Imports

Imports into Portugal

In 2022, mustard seed imports into Portugal declined dramatically to X tons, which is down by -80.4% compared with the previous year. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 228% against the previous year. As a result, imports attained the peak of X tons, and then shrank notably in the following year.

In value terms, mustard seed imports fell remarkably to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 147%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

France (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of mustard seed imports to Portugal, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +60.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of mustard seed to Portugal, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total imports. It was followed by Spain, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.5% per year) and Spain (+3.7% per year).

Import Prices by Country

The average mustard seed import price stood at $X per ton in 2022, growing by 122% against the previous year. Overall, the import price enjoyed a modest increase. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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