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Report Update: Dec 1, 2023

Portugal - Brazil Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Brazil Nut Market 2023

Brazil Nut Market Size in Portugal

In 2021, the Portuguese brazil nut market decreased by -89.1% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a sharp setback. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Brazil Nut Production in Portugal

In value terms, brazil nut production fell to $X in 2021 estimated in export price. In general, production, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Brazil Nut Exports

Exports from Portugal

In 2021, overseas shipments of brazil nuts were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, brazil nut exports skyrocketed to $X in 2021. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for brazil nut exports from Portugal, with a approx. 100% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Spain ($X) emerged as the key foreign market for brazil nut exports from Portugal.

From 2014 to 2021, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

In 2021, the average brazil nut export price amounted to $X per ton, reducing by -55.2% against the previous year. Overall, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Luxembourg amounted to +9.4% per year.

Brazil Nut Imports

Imports into Portugal

Brazil nut imports into Portugal soared to X tons in 2021, increasing by 1,603% compared with the previous year. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 8,694% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, brazil nut imports soared to $X in 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 4,630% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) was the main supplier of brazil nut to Portugal, with a 99% share of total imports. It was followed by France (X kg), with a 1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +102.9%.

In value terms, Spain ($X) constituted the largest supplier of brazil nut to Portugal, comprising 93% of total imports. The second position in the ranking was taken by France ($X), with a 4.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +78.4%.

Import Prices by Country

In 2021, the average brazil nut import price amounted to $X per ton, with a decrease of -54.2% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 98%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-12.1%).

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for brazil nuts in the world?

The countries with the highest volumes of consumption in 2021 were Bolivia, Nigeria and Brazil, with a combined 67% share of global consumption. These countries were followed by Peru, Vietnam, Spain and Ghana, which together accounted for a further 21%.

What are the largest producers of brazil nuts in the world?

The countries with the highest volumes of production in 2021 were Nigeria, Brazil and Bolivia, with a combined 80% share of global production. These countries were followed by Peru, Spain, Ghana and Benin, which together accounted for a further 12%.

What are the leading suppliers of brazil nuts to Portugal?

In value terms, Spain constituted the largest supplier of brazil nut to Portugal, comprising 93% of total imports. The second position in the ranking was taken by France, with a 4.7% share of total imports.

What are the leading importers of brazil nuts from Portugal?

In value terms, Spain emerged as the key foreign market for brazil nut exports from Portugal.

What is the average export price for brazil nuts in Portugal?

The average brazil nut export price stood at $4,520 per ton in 2021, reducing by -55.2% against the previous year.

What is the average import price for brazil nuts in Portugal?

The average brazil nut import price stood at $3,605 per ton in 2021, with a decrease of -54.2% against the previous year.

This report provides an in-depth analysis of the brazil nut market 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:

• FCL 216 - Brazil nuts

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
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 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2022
23. Production, In Value Terms, 2012–2022
24. Area Harvested, 2012–2022
25. Yield, 2012–2022
26. Imports, In Physical Terms, 2012–2022
27. Imports, In Value Terms, 2012–2022
28. Imports, In Physical Terms, By Country, 2022
29. Imports, In Physical Terms, By Country, 2012–2022
30. Imports, In Value Terms, By Country, 2012–2022
31. Import Prices, By Country Of Origin, 2012–2022
32. Exports, In Physical Terms, 2012–2022
33. Exports, In Value Terms, 2012–2022
34. Exports, In Physical Terms, By Country, 2022
35. Exports, In Physical Terms, By Country, 2012–2022
36. Exports, In Value Terms, By Country, 2012–2022
37. Export Prices, By Country Of Destination, 2012–2022