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Report Portugal - Salmon (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Portugal - Salmon (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Preserved Salmon Market 2024

Preserved Salmon Market Size in Portugal

In 2021, the Portuguese preserved salmon market decreased by -91.8% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption faced a precipitous setback. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Preserved Salmon Production in Portugal

In value terms, preserved salmon production declined to $X in 2021 estimated in export price. In general, production, however, showed a notable increase. The pace of growth was the most pronounced in 2017 with an increase of 54%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Preserved Salmon Exports

Exports from Portugal

In 2021, after three years of growth, there was significant decline in shipments abroad of salmon (prepared or preserved), when their volume decreased by -37.2% to X tons. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 101,559% against the previous year. The exports peaked at X tons in 2020, and then plummeted in the following year.

In value terms, preserved salmon exports dropped markedly to $X in 2021. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 90,184% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

Italy (X tons) was the main destination for preserved salmon exports from Portugal, accounting for a 100% share of total exports. It was followed by the UK (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +35.1%.

In value terms, Italy ($X) remains the key foreign market for salmon (prepared or preserved) exports from Portugal, comprising 100% of total exports. The second position in the ranking was taken by the UK ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +36.0%.

Export Prices by Country

In 2021, the average preserved salmon export price amounted to $X per ton, declining by -3.5% against the previous year. Over the period under review, the export price, however, posted a pronounced increase. The pace of growth was the most pronounced in 2017 an increase of 208%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.6%).

Preserved Salmon Imports

Imports into Portugal

In 2021, supplies from abroad of salmon (prepared or preserved) increased by 18% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 150%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved salmon imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 126%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Spain (X tons) and France (X tons) were the main suppliers of preserved salmon imports to Portugal, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +23.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) constituted the largest supplier of salmon (prepared or preserved) to Portugal, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with a 28% share of total imports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.8% per year) and France (+18.0% per year).

Import Prices by Country

The average preserved salmon import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Norway remains the largest preserved salmon consuming country worldwide, accounting for 60% of total volume. Moreover, preserved salmon consumption in Norway exceeded the figures recorded by the second-largest consumer, China, eightfold. The third position in this ranking was occupied by the United States, with a 4% share.
Norway remains the largest preserved salmon producing country worldwide, accounting for 61% of total volume. Moreover, preserved salmon production in Norway exceeded the figures recorded by the second-largest producer, China, eightfold. The United States ranked third in terms of total production with a 4.3% share.
In value terms, Spain constituted the largest supplier of preserved salmon to Portugal, comprising 60% of total imports. The second position in the ranking was occupied by Germany, with a 27% share of total imports. It was followed by France, with a 6.5% share.
In value terms, Italy remains the key foreign market for preserved salmon exports from Portugal.
In 2021, the average preserved salmon export price amounted to $9,952 per ton, shrinking by -3.4% against the previous year.
The average preserved salmon import price stood at $9,198 per ton in 2021, shrinking by -2.2% against the previous year.

This report provides an in-depth analysis of the preserved salmon market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10202510 - Prepared or preserved salmon, whole or in pieces (excluding minced products and prepared meals and dishes)

Country coverage:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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