Flakes; of Potatoes Price in Portugal - 2023
Contents:
- Flakes; of Potatoes Price in Portugal (CIF) - 2023
- Flakes; of Potatoes Price in Portugal (FOB) - 2022
- Flakes; of Potatoes Imports in Portugal
- Flakes; of Potatoes Exports in Portugal
Flakes; of Potatoes Price in Portugal (CIF) - 2023
The average flakes; of potatoes import price stood at $2,771 per ton in August 2023, remaining constant against the previous month. In general, import price indicated a temperate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes import price decreased by -7.2% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 17% month-to-month. Over the period under review, average import prices attained the peak figure at $2,986 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,257 per ton), while the price for Poland ($1,503 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Flakes; of Potatoes Price in Portugal (FOB) - 2022
The average flakes; of potatoes export price stood at $2,712 per ton in 2022, growing by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. The export price peaked at $2,778 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($3,754 per ton), while the average price for exports to Spain ($1,981 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 Angola (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Flakes; of Potatoes Imports in Portugal
After two years of decline, purchases abroad of flakes; of potatoeses increased by 21% to 4.5K tons in 2022. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, flakes; of potatoes imports surged to $8.4M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flakes; of Potatoes in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.9 | 2.3 | 1.9 | 2.4 | -6.1% |
| Netherlands | 1.3 | 1.2 | 1.1 | 2.3 | 20.9% |
| Spain | 1.1 | 0.8 | 1.0 | 1.4 | 8.4% |
| France | 1.6 | 1.8 | 1.1 | 1.2 | -9.1% |
| Poland | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Germany | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 7.2 | 6.4 | 6.0 | 8.4 | 5.3% |
Top Suppliers of Flakes; of Potatoes to Portugal in 2022:
- Netherlands (1362.9 tons)
- Belgium (1282.6 tons)
- Spain (746.5 tons)
- France (441.0 tons)
- Poland (318.0 tons)
- Germany (298.1 tons)
Flakes; of Potatoes Exports in Portugal
In 2022, shipments abroad of flakes; of potatoeses increased by 34% to 273 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, flakes; of potatoes exports skyrocketed to $739K in 2022. Overall, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Flakes; of Potatoes in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 183 | 111 | 192 | 330 | 21.7% |
| Spain | 357 | 199 | 208 | 289 | -6.8% |
| Cabo Verde | 93.9 | 99.1 | 123 | 112 | 6.1% |
| Others | 11.3 | 50.6 | 14.3 | 7.9 | -11.2% |
| Total | 646 | 459 | 538 | 739 | 4.6% |
Top Export Markets for Flakes; of Potatoes from Portugal in 2022:
- Spain (145.9 tons)
- Angola (95.0 tons)
- Cabo Verde (29.8 tons)
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