Portugal: Dried Prune Market 2024

Dried Prune Market Size in Portugal

The Portuguese dried prune market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Dried prune consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Dried Prune Production in Portugal

In value terms, dried prune production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Dried Prune Exports

Exports from Portugal

In 2022, overseas shipments of dried prunes decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, dried prune exports dropped markedly to $X in 2022. In general, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Brazil (X tons) and France (X tons) were the main destinations of dried prune exports from Portugal, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dried prune exported from Portugal were Cabo Verde ($X), the UK ($X) and Angola ($X), together comprising X% of total exports. Brazil, France and Mozambique lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, France, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried prune export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Angola ($X per ton), while the average price for exports to Brazil ($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 Algeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Portugal

In 2022, the amount of dried prunes imported into Portugal soared to X tons, jumping by X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, dried prune imports skyrocketed to $X in 2022. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Chile (X tons) and Germany (X tons) were the main suppliers of dried prune imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Chile ($X) and Germany ($X) appeared to be the largest dried prune suppliers to Portugal, with a combined X% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price 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, dried prune import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($X per ton) and France ($X per ton), while the price for Germany ($X per ton) and Chile ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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