Portugal: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Portugal

The Portuguese roots and tubers, nes market fell to $X in 2020, waning by -X% against the previous year. In general, consumption continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Roots and Tubers, nes in Portugal

In value terms, roots and tubers, nes production contracted to $X in 2020 estimated in export prices. In general, production saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Roots and tubers, nes production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

The average yield of roots and tubers, nes in Portugal stood at X tons per ha in 2020, remaining relatively unchanged against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The roots and tubers, nes yield peaked at X tons per ha in 2015; however, from 2016 to 2020, 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.

The roots and tubers, nes harvested area in Portugal dropped modestly to X ha in 2020, waning by -X% compared with the previous year's figure. Over the period under review, the harvested area continues to indicate a slight downturn. The growth pace was the most rapid in 2014 when the harvested area increased by X% year-to-year. The roots and tubers, nes harvested area peaked at X ha in 2008; however, from 2009 to 2020, the harvested area failed to regain the momentum.

Exports of Roots and Tubers, nes

Exports from Portugal

In 2020, the amount of roots and tubers, nes exported from Portugal skyrocketed to X tons, jumping by X% against 2019. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, roots and tubers, nes exports rose remarkably to $X in 2020. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Spain (X tons) was the main destination for roots and tubers, nes exports from Portugal, accounting for a X% share of total exports. Moreover, roots and tubers, nes exports to Spain exceeded the volume sent to the second major destination, the U.S. (X tons), tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Cabo Verde (+X% per year).

In value terms, Spain ($X) remains the key foreign market for roots and tubers, nes exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Cabo Verde (+X% per year).

Export Prices by Country

In 2020, the average roots and tubers, nes export price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into Portugal

For the third consecutive year, Portugal recorded decline in supplies from abroad of roots and tubers, nes, which decreased by -X% to X tons in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X tons in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, roots and tubers, nes imports fell markedly to $X in 2020. In general, imports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then shrank dramatically in the following year.

Imports by Country

Costa Rica (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of roots and tubers, nes imports to Portugal, together accounting for X% of total imports. These countries were followed by China, Belgium and Vietnam, which together accounted for a further X 2007 to 2020, the biggest increases were in Belgium (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Costa Rica ($X) and the Netherlands ($X) appeared to be the largest roots and tubers, nes suppliers to Portugal, together accounting for X% of total imports. China, Belgium and Vietnam lagged somewhat behind, together comprising a further X terms of the main suppliers, Belgium (+X% per year) saw the highest rates of growth with regard to 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

The average roots and tubers, nes import price stood at $X per ton in 2020, surging by X% against the previous year. In general, import price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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