Portugal: Tilapias Market 2022

Tilapias Market Size in Portugal

The Portuguese tilapias market rose remarkably to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed perceptible growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Tilapias Exports

Exports from Portugal

In 2021, approx. X tons of tilapias were exported from Portugal; which is down by -X% on 2020. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, tilapias exports shrank significantly to $X in 2021. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for tilapias exports from Portugal, with a X% share of total exports. Moreover, tilapias exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. The third position in this ranking was taken by Equatorial Guinea (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Equatorial Guinea (X% per year).

In value terms, Spain ($X) remains the key foreign market for tilapias exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2021, the average tilapias export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Equatorial Guinea ($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 more modest paces of growth.

Tilapias Imports

Imports into Portugal

In 2021, approx. X tons of tilapias were imported into Portugal; dropping by -X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, tilapias imports amounted to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest tilapias supplier to Portugal, accounting for a X% share of total imports. Moreover, tilapias imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of tilapias to Portugal, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Spain (-X% per year).

Import Prices by Country

The average tilapias import price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the import price, however, saw a slight descent. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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