Price for Wilkings and Smilar Citrus Hybrid in Portugal - 2023

Contents:

  1. Price for Wilkings and Smilar Citrus Hybrid in Portugal (FOB) - 2023
  2. Price for Wilkings and Smilar Citrus Hybrid in Portugal (CIF) - 2023
  3. Exports of Wilkings and Smilar Citrus Hybrid in Portugal
  4. Imports of Wilkings and Smilar Citrus Hybrid in Portugal

Price for Wilkings and Smilar Citrus Hybrid in Portugal (FOB) - 2023

In July 2023, the average export price for fruit, edible amounted to $1,395 per ton, shrinking by -21.6% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 26% m-o-m. Over the period under review, the average export prices attained the maximum at $2,013 per ton in August 2022; however, from September 2022 to July 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 July 2022 to July 2023, the rate of growth in terms of prices for Sao Tome and Principe amounted to +0.3% per month.

Price for Wilkings and Smilar Citrus Hybrid in Portugal (CIF) - 2023

In July 2023, the average import price for fruit, edible amounted to $1,429 per ton, dropping by -12.7% against the previous month. In general, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 119% month-to-month. Over the period under review, average import prices hit record highs at $2,198 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($1,764 per ton), while the price for South Africa stood at $1,427 per ton.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wilkings and Smilar Citrus Hybrid in Portugal

In 2022, the amount of fruit, edible exported from Portugal fell remarkably to 261 tons, which is down by -15.3% against the previous year. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 450%. As a result, the exports reached the peak of 308 tons, and then fell rapidly in the following year.

In value terms, wilkings and smilar citrus hybrid exports reduced to $483K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 494%. As a result, the exports attained the peak of $487K, leveling off in the following year.

Export of Wilkings and Smilar Citrus Hybrid in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.10.10.44831590.4%
Spain17781.2478N/A64.3%
Others3.80.88.5N/A49.6%
Total18182.148748338.7%

Top Export Markets for Wilkings and Smilar Citrus Hybrid from Portugal in 2022:

  1. Switzerland (260.8 tons)

Imports of Wilkings and Smilar Citrus Hybrid in Portugal

In 2022, the amount of fruit, edible imported into Portugal surged to 1.2K tons, jumping by 275% against the previous year. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,590%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wilkings and smilar citrus hybrid imports skyrocketed to $1.7M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,956% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Wilkings and Smilar Citrus Hybrid in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A1,7090%
Spain44.017.9375N/A191.9%
Peru27.82.743.2N/A24.7%
Others4.20.414.0N/A82.6%
Total76.021.04321,709182.3%

Top Suppliers of Wilkings and Smilar Citrus Hybrid to Portugal in 2022:

  1. Brazil (1.2K tons)

Source: IndexBox Market Intelligence Platform

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