Portugal: Apple Juice Market 2024

Apple Juice Market Size in Portugal

In 2022, the Portuguese apple juice market increased by X% to $X, rising for the eighth year in a row after two years of decline. In general, consumption enjoyed a prominent expansion. Apple juice consumption peaked in 2022 and is expected to retain growth in the near future.

Apple Juice Production in Portugal

In value terms, apple juice production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of X%. Apple juice production peaked in 2022 and is expected to retain growth in the near future.

Apple Juice Exports

Exports from Portugal

Apple juice exports from Portugal contracted to X tons in 2022, falling by X% against the previous year. Over the period under review, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, apple juice exports contracted remarkably to $X in 2022. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cabo Verde (X tons) was the main destination for apple juice exports from Portugal, with a X% share of total exports. Moreover, apple juice exports to Cabo Verde exceeded the volume sent to the second major destination, China (X tons), tenfold. Saudi Arabia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cabo Verde stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Saudi Arabia (X% per year).

In value terms, Cabo Verde ($X) remains the key foreign market for apple juice (single strength) exports from Portugal, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cabo Verde totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average apple juice export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sao Tome and Principe ($X 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 the UK (X%), while the prices for the other major destinations experienced a decline.

Apple Juice Imports

Imports into Portugal

For the eighth year in a row, Portugal recorded growth in supplies from abroad of apple juice (single strength), which increased by X% to X tons in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, apple juice imports totaled $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) was the main supplier of apple juice to Portugal, accounting for a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Spain ($X) constituted the largest supplier of apple juice (single strength) to Portugal, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average apple juice import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price recorded a pronounced descent. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :