Portugal - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Portugal - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Peas Price in Portugal - 2023

Contents:

  1. Green Peas Price in Portugal (CIF) - 2022
  2. Green Peas Price in Portugal (FOB) - 2023
  3. Green Peas Imports in Portugal
  4. Green Peas Exports in Portugal

Green Peas Price in Portugal (CIF) - 2022

The average green peas import price stood at $2,126 per ton in 2022, waning by -34.4% against the previous year. Overall, the import price, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 43%. As a result, import price reached the peak level of $3,966 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,530 per ton), while the price for Hungary ($579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Green Peas Price in Portugal (FOB) - 2023

The average green peas export price stood at $983 per ton in August 2023, with a decrease of -46.2% against the previous month. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in July 2023 an increase of 60% m-o-m. As a result, the export price attained the peak level of $1,828 per ton, and then declined rapidly in the following month.

Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Denmark ($1,067 per ton), while the average price for exports to Spain amounted to $931 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Green Peas Imports in Portugal

In 2022, approx. 393 tons of peas (green) were imported into Portugal; growing by 21% against the previous year's figure. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, green peas imports fell markedly to $835K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.

Import of Green Peas in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5225438165481.6%
FranceN/A308184190-21.5%
Netherlands27.815.732.148.020.0%
SwedenN/AN/AN/A22.40%
HungaryN/AN/AN/A17.50%
BelgiumN/AN/A21.79.7-55.3%
Others22.42.9N/A0.4-73.9%
Total5728701,05483513.4%

Top Suppliers of Green Peas to Portugal in 2022:

  1. France (168.2 tons)
  2. Spain (140.5 tons)
  3. Sweden (31.6 tons)
  4. Hungary (30.2 tons)
  5. Belgium (11.6 tons)
  6. Netherlands (10.6 tons)

Green Peas Exports in Portugal

In 2022, approx. 793 tons of peas (green) were exported from Portugal; jumping by 55% against 2021. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, green peas exports skyrocketed to $1M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Green Peas in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark20716547296166.8%
BrazilN/AN/AN/A33.10%
Spain10.69.719.118.821.0%
Belgium2.010848.21.1-18.1%
Algeria45.8N/AN/AN/A0%
Others14.013.44.925.622.3%
Total2792965441,03955.0%

Top Export Markets for Green Peas from Portugal in 2022:

  1. Denmark (719.4 tons)
  2. Spain (39.8 tons)
  3. Brazil (29.5 tons)
  4. Belgium (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green peas 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:

  • FCL 417 - Peas, green

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Feb 9, 2018
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Free Data: Peas (Green) - Portugal