Portugal - Food Preparations For Infants - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaby Food Price in Portugal - 2023
Contents:
- Baby Food Price in Portugal (FOB) - 2023
- Baby Food Price in Portugal (CIF) - 2023
- Baby Food Exports in Portugal
- Baby Food Imports in Portugal
Baby Food Price in Portugal (FOB) - 2023
In August 2023, the average baby food export price amounted to $6,077 per ton, jumping by 20% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in May 2023 when the average export price increased by 30% m-o-m. As a result, the export price attained the peak level of $6,485 per ton. From June 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($9,968 per ton), while the average price for exports to Angola ($4,033 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Baby Food Price in Portugal (CIF) - 2023
In August 2023, the average baby food import price amounted to $4,683 per ton, growing by 13% against the previous month. Overall, the import price saw a slight expansion. The growth pace was the most rapid in January 2023 an increase of 36% m-o-m. The import price peaked at $5,596 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10,185 per ton), while the price for Ireland ($3,434 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Baby Food Exports in Portugal
In 2022, the amount of food preparations for infants exported from Portugal totaled 11K tons, growing by 7.4% against the previous year. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, baby food exports soared to $55M in 2022. The total export value increased at an average annual rate of +14.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Baby Food in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.5 | 3.9 | 8.7 | 9.6 | 167.8% |
| Angola | 8.5 | 6.2 | 6.5 | 8.5 | 0.0% |
| Nigeria | 1.8 | 4.8 | 5.3 | 6.8 | 55.7% |
| Sweden | 6.8 | 6.1 | 5.5 | 6.4 | -2.0% |
| Netherlands | 1.9 | 5.6 | 6.5 | 3.9 | 27.1% |
| Greece | 3.5 | 3.2 | 0.4 | 3.5 | 0.0% |
| Mozambique | 1.9 | 1.7 | 2.4 | 2.3 | 6.6% |
| Cabo Verde | 1.5 | 1.8 | 1.8 | 2.0 | 10.1% |
| United Arab Emirates | 0.4 | 1.3 | 0.2 | 1.3 | 48.1% |
| Belgium | 0.3 | 0.8 | 0.8 | 1.0 | 49.4% |
| Ukraine | N/A | 0.3 | 0.6 | 0.9 | 73.2% |
| Finland | 0.1 | 0.1 | 0.8 | 0.9 | 108.0% |
| Guinea-Bissau | 0.4 | 0.6 | 0.5 | 0.8 | 26.0% |
| Others | 9.5 | 9.3 | 7.6 | 7.5 | -7.6% |
| Total | 37.2 | 45.5 | 47.6 | 55.4 | 14.2% |
Top Export Markets for Baby Food from Portugal in 2022:
- Angola (3179.5 tons)
- Sweden (1521.4 tons)
- United Kingdom (1135.8 tons)
- Nigeria (760.5 tons)
- Mozambique (639.1 tons)
- Cabo Verde (565.1 tons)
- Netherlands (563.7 tons)
- Greece (423.9 tons)
- Belgium (280.4 tons)
- Finland (218.9 tons)
- Guinea-Bissau (206.5 tons)
- Ukraine (203.1 tons)
- United Arab Emirates (189.6 tons)
Baby Food Imports in Portugal
In 2022, approx. 8.6K tons of food preparations for infants were imported into Portugal; growing by 17% against the year before. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, baby food imports soared to $34M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Baby Food in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.2 | 14.0 | 9.9 | 13.1 | 16.9% |
| Germany | 4.7 | 5.9 | 5.8 | 6.4 | 10.8% |
| France | 4.8 | 4.6 | 4.1 | 5.5 | 4.6% |
| Ireland | 2.8 | 4.1 | 3.4 | 4.3 | 15.4% |
| Netherlands | 1.7 | 1.2 | 1.2 | 2.4 | 12.2% |
| Belgium | 1.3 | 1.3 | 1.4 | 1.5 | 4.9% |
| Italy | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Others | 0.7 | 0.6 | 0.6 | 0.3 | -24.6% |
| Total | 24.4 | 31.7 | 26.6 | 33.8 | 11.5% |
Top Suppliers of Baby Food to Portugal in 2022:
- Spain (4.7K tons)
- France (1.1K tons)
- Germany (1.0K tons)
- Ireland (0.8K tons)
- Netherlands (0.4K tons)
- Belgium (0.4K tons)
- Italy (0.2K tons)
This report provides an in-depth analysis of the baby food 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 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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