Portugal - Fresh Or Chilled Salmonoids Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh or Chilled Salmonoids Fillets in Portugal - 2023
Contents:
- Price for Fresh or Chilled Salmonoids Fillets in Portugal (CIF) - 2023
- Price for Fresh or Chilled Salmonoids Fillets in Portugal (FOB) - 2022
- Imports of Fresh or Chilled Salmonoids Fillets in Portugal
- Exports of Fresh or Chilled Salmonoids Fillets in Portugal
Price for Fresh or Chilled Salmonoids Fillets in Portugal (CIF) - 2023
In October 2023, the average import price for fresh or chilled salmonoids fillets amounted to $8,713 per ton, surging by 9.7% against the previous month. Over the period under review, import price indicated perceptible growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, fresh or chilled salmonoids fillets import price decreased by -27.2% against April 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 40% against the previous month. The import price peaked at $11,968 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($8,984 per ton), while the price for France ($3,790 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Salmonoids Fillets in Portugal (FOB) - 2022
In 2022, the average export price for fresh or chilled salmonoids fillets amounted to $20,471 per ton, growing by 2.9% against the previous year. Overall, the export price enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2017 an increase of 101% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($34,493 per ton), while the average price for exports to Angola ($13,729 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 Spain (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Salmonoids Fillets in Portugal
In 2022, approx. 2.5K tons of fresh or chilled salmonoids fillets were imported into Portugal; with a decrease of -12% compared with the previous year. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of 2.8K tons, and then dropped in the following year.
In value terms, fresh or chilled salmonoids fillets imports rose markedly to $20M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Fresh or Chilled Salmonoids Fillets in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.3 | 2.1 | 5.4 | 7.3 | 189.8% |
| Denmark | 7.9 | 4.9 | 5.5 | 6.7 | -5.3% |
| Sweden | 8.1 | 6.7 | 6.6 | 5.6 | -11.6% |
| France | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.4 | 13.8 | 17.9 | 19.8 | 6.5% |
Top Suppliers of Fresh or Chilled Salmonoids Fillets to Portugal in 2022:
- Denmark (1003.2 tons)
- Spain (794.8 tons)
- Sweden (638.2 tons)
- France (49.2 tons)
Exports of Fresh or Chilled Salmonoids Fillets in Portugal
In 2022, overseas shipments of fresh or chilled salmonoids fillets decreased by -20.8% to 43 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year.
In value terms, fresh or chilled salmonoids fillets exports contracted remarkably to $875K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 37%.
| Export of Fresh or Chilled Salmonoids Fillets in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 530 | 833 | 830 | 626 | 5.7% |
| Switzerland | 42.1 | 45.8 | 117 | 100 | 33.4% |
| United States | 37.2 | 23.4 | 93.4 | 93.2 | 35.8% |
| Angola | 59.0 | 16.3 | 6.4 | 19.4 | -31.0% |
| Others | 5.2 | 2.2 | 28.0 | 36.5 | 91.5% |
| Total | 673 | 920 | 1,075 | 875 | 9.1% |
Top Export Markets for Fresh or Chilled Salmonoids Fillets from Portugal in 2022:
- Spain (34.0 tons)
- United States (3.0 tons)
- Switzerland (2.9 tons)
- Angola (1.4 tons)
This report provides an in-depth analysis of the market for fresh or chilled salmonoids fillets 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.
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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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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