Price for Citrus Fruits Not Elsewhere Classified in Portugal - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Portugal (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Portugal (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Portugal
- Imports of Citrus Fruits Not Elsewhere Classified in Portugal
Price for Citrus Fruits Not Elsewhere Classified in Portugal (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $1,118 per ton, with a decrease of -8.5% against the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 60%. The export price peaked at $1,413 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,061 per ton), while the average price for exports to Spain ($556 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 (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Citrus Fruits Not Elsewhere Classified in Portugal (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $2,050 per ton, rising by 45% against the previous year. Over the period under review, the import price posted a measured increase. The growth pace was the most rapid in 2015 when the average import price increased by 81% against the previous year. Over the period under review, average import prices attained the peak figure at $4,906 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($9,018 per ton), while the price for Spain ($1,782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Citrus Fruits Not Elsewhere Classified in Portugal
In 2022, shipments abroad of citrus fruits not elsewhere classified decreased by -56.3% to 18 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of 203 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified exports shrank rapidly to $20K in 2022. Over the period under review, exports saw a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $231K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Citrus Fruits Not Elsewhere Classified in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 171 | 220 | 42.0 | 15.3 | -55.3% |
Cabo Verde | 0.6 | 0.7 | 2.8 | 3.0 | 71.0% |
United Arab Emirates | 18.0 | N/A | N/A | 1.3 | -58.4% |
Spain | 9.1 | 9.0 | 0.6 | 0.1 | -77.8% |
Others | 8.5 | 1.7 | 4.2 | N/A | -29.7% |
Total | 207 | 231 | 49.6 | 19.8 | -54.3% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Portugal in 2022:
- France (15.2 tons)
- Cabo Verde (1.6 tons)
- United Arab Emirates (0.6 tons)
- Spain (0.2 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Portugal
In 2022, purchases abroad of citrus fruits not elsewhere classified decreased by -48.6% to 12 tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, citrus fruits not elsewhere classified imports declined significantly to $24K in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 2.5%. As a result, imports reached the peak of $52K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Citrus Fruits Not Elsewhere Classified in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 43.8 | 42.7 | 25.6 | 19.2 | -24.0% |
Netherlands | 0.2 | 0.2 | 2.6 | 2.4 | 128.9% |
Ireland | N/A | N/A | 3.5 | 2.0 | -42.9% |
Estonia | N/A | 7.2 | N/A | N/A | 0% |
Others | 7.0 | 2.2 | 0.4 | 0.4 | -61.5% |
Total | 51.0 | 52.3 | 32.2 | 24.0 | -22.2% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Portugal in 2022:
- Spain (10.8 tons)
- Netherlands (0.6 tons)
- Ireland (0.2 tons)
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