Portugal: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Portugal

The Portuguese peach and nectarine market declined modestly to $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then declined in the following year.

Peach And Nectarine Production in Portugal

In value terms, peach and nectarine production reduced to $X in 2021 estimated in export price. Over the period under review, production saw slight growth. The most prominent rate of growth was recorded in 2017 with an increase of 61% against the previous year. Peach and nectarine production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

The average yield of peaches and nectarines in Portugal expanded markedly to X tons per ha in 2021, picking up by 15% on the previous year's figure. In general, the yield indicated a measured increase from 2012 to 2021: its figure increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine yield decreased by -11.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 82%. The peach and nectarine yield peaked at X tons per ha in 2015; however, from 2016 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of peaches and nectarines were harvested in Portugal; remaining constant against the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 3.9%. Over the period under review, the harvested area dedicated to peach and nectarine production attained the peak figure at X ha in 2017; however, from 2018 to 2021, the harvested area stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports from Portugal

In 2021, shipments abroad of peaches and nectarines increased by 28% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports saw a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 103% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, peach and nectarine exports soared to $X in 2021. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 139%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Poland (X tons) and Germany (X tons) were the main destinations of peach and nectarine exports from Portugal, together accounting for 80% of total exports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +131.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for peach and nectarine exported from Portugal were Poland ($X), Germany ($X) and Spain ($X), with a combined 79% share of total exports.

Germany, with a CAGR of +137.2%, recorded the highest rates of growth with regard to 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

The average peach and nectarine export price stood at $X per ton in 2021, increasing by 3.2% against the previous year. In general, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine export price increased by +61.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 56%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into Portugal

In 2021, supplies from abroad of peaches and nectarines decreased by -17.4% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, peach and nectarine imports dropped to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +14.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then shrank in the following year.

Imports by Country

In 2021, Spain (X tons) was the main peach and nectarine supplier to Portugal, with a approx. 98% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain was relatively modest.

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +3.7%.

Import Prices by Country

In 2021, the average peach and nectarine import price amounted to $X per ton, picking up by 8.3% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine import price increased by +64.1% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 48%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +3.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :