Portugal: Sugar Cane Market 2025

Sugar Cane Market Size in Portugal

The Portuguese sugar cane market reduced modestly to $X in 2022, almost unchanged from the previous year. In general, consumption, however, continues to indicate a slight descent. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Sugar Cane Production in Portugal

In value terms, sugar cane production contracted markedly to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Sugar cane production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of sugar cane in Portugal dropped slightly to X tons per ha in 2022, flattening at 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then reduced slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sugar cane production in Portugal was estimated at X ha, increasing by X% compared with the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sugar cane production reached the peak figure in 2022 and is likely to see steady growth in years to come.

Sugar Cane Exports

Exports from Portugal

In 2021, overseas shipments of sugar cane decreased by X% to X kg, falling for the third year in a row after two years of growth. In general, exports showed a mild increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, sugar cane exports stood at $X in 2021. Over the period under review, exports showed a modest expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X kg), France (X kg) and Luxembourg (X kg) were the main destinations of sugar cane exports from Portugal, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sugar cane exported from Portugal were Belgium ($X), France ($X) and the UK ($X), with a combined X% share of total exports.

France, with a CAGR of X%, saw the highest growth rate of 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 sugar cane export price stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Luxembourg ($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 France (X%), while the prices for the other major destinations experienced a decline.

Sugar Cane Imports

Imports into Portugal

After two years of growth, purchases abroad of sugar cane decreased by X% to X tons in 2022. Overall, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sugar cane imports declined to $X in 2022. In general, imports saw a sharp shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest sugar cane supplier to Portugal, with a X% share of total imports. Moreover, sugar cane imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%.

In value terms, Spain ($X) constituted the largest supplier of sugar cane to Portugal, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%.

Import Prices by Country

The average sugar cane import price stood at $X per ton in 2022, surging by X% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar cane import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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