Price for Homogenised Composite Food Preparations in Portugal - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Portugal (CIF) - 2023
2. Price for Homogenised Composite Food Preparations in Portugal (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Portugal
4. Exports of Homogenised Composite Food Preparations in Portugal

Price for Homogenised Composite Food Preparations in Portugal (CIF) - 2023

In April 2023, the average homogenised composite food preparations import price amounted to $3,912 per ton, growing by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in November 2022 an increase of 16% against the previous month. Over the period under review, average import prices hit record highs at $4,072 per ton in January 2023; however, from February 2023 to April 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was France ($5,333 per ton), while the price for Belgium ($1,476 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Portugal (FOB) - 2022

The average homogenised composite food preparations export price stood at $3,695 per ton in 2022, dropping by -24.3% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The export price peaked at $9,027 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($6,970 per ton), while the average price for exports to France ($2,780 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 Cabo Verde (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in Portugal

In 2022, the amount of homogenised composite food preparationses imported into Portugal amounted to 2.9K tons, remaining constant against 2021 figures. In general, imports, however, recorded a mild contraction.

In value terms, homogenised composite food preparations imports expanded markedly to $9.5M in 2022. Over the period under review, imports continue to indicate a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Portugal in 2022:

1. Spain (1555.5 tons)
2. France (579.7 tons)
3. Poland (492.3 tons)
4. Italy (42.8 tons)

Exports of Homogenised Composite Food Preparations in Portugal

After two years of decline, shipments abroad of homogenised composite food preparationses increased by 155% to 517 tons in 2022. In general, exports, however, continue to indicate a precipitous setback.

In value terms, homogenised composite food preparations exports soared to $1.9M in 2022. Over the period under review, exports, however, saw a sharp curtailment.

Top Export Markets for Homogenised Composite Food Preparations from Portugal in 2022:

1. France (285.9 tons)
2. United States (98.3 tons)
3. Angola (68.1 tons)
4. Cabo Verde (16.3 tons)
5. Guinea-Bissau (13.0 tons)
6. Mozambique (9.0 tons)
7. Canada (4.8 tons)
8. Spain (0.9 tons)