Portugal: Rye Market 2025

Rye Market Size in Portugal

In 2022, the Portuguese rye market increased by 1.4% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Rye Production in Portugal

In value terms, rye production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 212%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of rye in Portugal rose modestly to X tons per ha in 2022, with an increase of 2.4% against 2021 figures. Overall, the yield indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rye yield decreased by -2.2% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 23%. Over the period under review, the average rye yield reached the maximum level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the rye harvested area in Portugal stood at X ha, leveling off at 2021 figures. In general, the harvested area, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 8%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the rye harvested area remained at a lower figure.

Rye Exports

Exports from Portugal

In 2022, exports of rye from Portugal soared to X tons, picking up by 959% against the year before. In general, exports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2015 with an increase of 138,870%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, rye exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 142,433% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for rye exports from Portugal, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at -27.1%.

In value terms, Spain ($X) also remains the key foreign market for rye exports from Portugal.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to -18.3%.

Export Prices by Country

The average rye export price stood at $X per ton in 2022, waning by -23.6% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 89%. The export price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +12.2% per year.

Rye Imports

Imports into Portugal

In 2022, approx. X tons of rye were imported into Portugal; dropping by -20.3% compared with the previous year's figure. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, rye imports shrank slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest rye supplier to Portugal, with a 64% share of total imports. Moreover, rye imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+648.9% per year) and Germany (-5.2% per year).

In value terms, Spain ($X) constituted the largest supplier of rye to Portugal, comprising 67% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.5% per year) and Poland (-7.5% per year).

Import Prices by Country

The average rye import price stood at $X per ton in 2022, rising by 24% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rye import price increased by +42.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 25%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and Poland ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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