Report Update: May 16, 2024

Portugal - Fresh Or Chilled Anchovies - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fresh or Chilled Anchovies in Portugal - 2023

Price for Fresh or Chilled Anchovies in Portugal (FOB) - 2023

In June 2023, the average fresh or chilled anchovies export price amounted to $2,377 per ton, stabilizing at the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 28% month-to-month. Over the period under review, the average export prices reached the peak figure at $4,971 per ton in January 2023; however, from February 2023 to June 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From June 2022 to June 2023, the rate of growth in terms of prices for Spain amounted to +0.1% per month.

Price for Fresh or Chilled Anchovies in Portugal (CIF) - 2022

The average fresh or chilled anchovies import price stood at $2,743 per ton in 2022, growing by 2.8% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 57% against the previous year. The import price peaked at $5,103 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -6.0% per year.

Exports of Fresh or Chilled Anchovies in Portugal

In 2022, fresh or chilled anchovies exports from Portugal reduced sharply to 4.4K tons, falling by -57.5% compared with the year before. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, the exports attained the peak of 10K tons, and then dropped significantly in the following year.

In value terms, fresh or chilled anchovies exports fell significantly to $16M in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of $26M, and then dropped dramatically in the following year.

Export of Fresh or Chilled Anchovies in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	19.4	14.8	24.5	16.0	-6.2%
Italy	0.4	0.3	0.8	0.1	-37.0%
Others	N/A	N/A	0.3	N/A	0%
Total	19.8	15.1	25.6	16.0	-6.9%

Top Export Markets for Fresh or Chilled Anchovies from Portugal in 2022:

Italy (undefinedK tons)
Spain (4.4K tons)

Imports of Fresh or Chilled Anchovies in Portugal

Fresh or chilled anchovies imports into Portugal contracted remarkably to 15 tons in 2022, reducing by -79.5% against 2021 figures. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 348%. As a result, imports attained the peak of 72 tons, and then declined markedly in the following year.

In value terms, fresh or chilled anchovies imports dropped rapidly to $41K in 2022. In general, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 350% against the previous year. As a result, imports reached the peak of $192K, and then shrank remarkably in the following year.

Import of Fresh or Chilled Anchovies in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	110	42.7	192	40.5	-28.3%
Others	N/A	N/A	N/A	N/A	0%
Total	110	42.7	192	40.5	-28.3%

Top Suppliers of Fresh or Chilled Anchovies to Portugal in 2022:

Spain (14.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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:

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.

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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023