Portugal: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Portugal

The Portuguese pasta and couscous market soared to $X in 2022, jumping by 30% against the previous year. In general, consumption posted a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Pasta And Couscous Production in Portugal

In value terms, pasta and couscous production surged to $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Pasta And Couscous Exports

Exports from Portugal

In 2022, pasta and couscous exports from Portugal surged to X tons, growing by 22% against the previous year's figure. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.7% against 2017 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pasta and couscous exports surged to $X in 2022. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 71%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Spain (X tons) was the main destination for pasta and couscous exports from Portugal, with a 72% share of total exports. Moreover, pasta and couscous exports to Spain exceeded the volume sent to the second major destination, France (X tons), sevenfold. The third position in this ranking was taken by Switzerland (X tons), with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.6% per year) and Switzerland (-6.7% per year).

In value terms, Spain ($X) remains the key foreign market for stuffed pasta and couscous exports from Portugal, comprising 79% of total exports. The second position in the ranking was held by France ($X), with a 9.6% share of total exports. It was followed by Switzerland, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+7.9% per year) and Switzerland (-5.7% per year).

Export Prices by Country

The average pasta and couscous export price stood at $X per ton in 2022, with an increase of 8.3% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Luxembourg ($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 Spain (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Portugal

In 2022, the amount of stuffed pasta and couscous imported into Portugal totaled X tons, with an increase of 11% compared with the previous year. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 33%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, pasta and couscous imports rose notably to $X in 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest pasta and couscous supplier to Portugal, with a 54% share of total imports. Moreover, pasta and couscous imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Italy (X tons) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.5% per year) and Italy (+7.1% per year).

In value terms, Spain ($X) constituted the largest supplier of stuffed pasta and couscous to Portugal, comprising 56% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by Italy, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.3% per year) and Italy (+7.0% per year).

Import Prices by Country

The average pasta and couscous import price stood at $X per ton in 2022, with an increase of 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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