Portugal - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlantain Price in Portugal - 2023
Contents:
- Plantain Price in Portugal (CIF) - 2023
- Plantain Price in Portugal (FOB) - 2023
- Plantain Imports in Portugal
- Plantain Exports in Portugal
Plantain Price in Portugal (CIF) - 2023
The average plantain import price stood at $1,080 per ton in October 2023, growing by 4.1% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 8.1% month-to-month. Over the period under review, average import prices reached the peak figure at $1,098 per ton in December 2022; afterwards, it flattened through to October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($1,286 per ton), while the price for Colombia stood at $1,004 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (+1.2%).
Plantain Price in Portugal (FOB) - 2023
The average plantain export price stood at $1,483 per ton in October 2023, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 23% month-to-month. The export price peaked at $1,490 per ton in August 2023; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for Spain.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +2.8% per month.
Plantain Imports in Portugal
In 2022, overseas purchases of plantains decreased by -16.7% to 6.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 292% against the previous year.
In value terms, plantain imports contracted slightly to $6.2M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 293%.
| Import of Plantain in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1.1 | 3.9 | 4.5 | 4.5 | 59.9% |
| Spain | 0.3 | 1.5 | 1.8 | 1.8 | 81.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.4 | 5.5 | 6.4 | 6.2 | 64.2% |
Top Suppliers of Plantain to Portugal in 2022:
- Colombia (5.2K tons)
- Spain (1.5K tons)
Plantain Exports in Portugal
In 2022, overseas shipments of plantains decreased by -53.4% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 233%.
In value terms, plantain exports contracted remarkably to $2.6M in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 283% against the previous year.
| Export of Plantain in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.3 | 4.9 | 5.5 | 2.6 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 4.9 | 5.5 | 2.6 | 26.0% |
Top Export Markets for Plantain from Portugal in 2022:
- Spain (2.5K tons)
This report provides an in-depth analysis of the plantain 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 489 - Plantains
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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