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Portugal - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Fonio Market Overview 2021

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Fonio Market Size in Portugal

The Portuguese fonio market declined to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market remained at a lower figure.

Fonio Exports

Exports from Portugal

In 2019, shipments abroad of fonio decreased by X% to X kg for the first time since 2015, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a precipitous descent. Over the period under review, exports attained the maximum at X kg in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, fonio exports totaled $X in 2019. Overall, exports showed a dramatic slump. Exports peaked at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for fonio exports from Portugal, accounting for a approx. X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to the Netherlands amounted to -X%.

In value terms, the Netherlands ($X) also remains the key foreign market for fonio exports from Portugal.

From 2012 to 2016, the average annual rate of growth in terms of value to the Netherlands totaled -X%.

Export Prices by Country

The average fonio export price stood at $X per tonne in 2016, waning by -X% against the previous year. Overall, the export price recorded a sharp curtailment. Over the period under review, average export prices hit record highs at $X per tonne in 2015, and then reduced markedly in the following year.

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

From 2012 to 2016, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Fonio Imports

Imports into Portugal

Fonio imports into Portugal reduced to X kg in 2019, with a decrease of -X% on the previous year's figure. Over the period under review, imports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of X kg. From 2014 to 2019, the growth imports remained at a lower figure.

In value terms, fonio imports dropped significantly to $X in 2019. In general, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Spain (X kg) was the main fonio supplier to Portugal, with a approx. X% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Spain stood at +X%.

In value terms, Spain ($X) constituted the largest supplier of fonio to Portugal.

From 2012 to 2019, the average annual growth rate of value from Spain totaled -X%.

Import Prices by Country

The average fonio import price stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 a decrease of -X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Spain amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the world?
+
Guinea (530K tonnes) constituted the country with the largest volume of fonio consumption, comprising approx. 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria (83K tonnes), sixfold. Mali (41K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of fonio in the world?
+
Guinea (530K tonnes) constituted the country with the largest volume of fonio production, accounting for 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria (83K tonnes), sixfold. Mali (41K tonnes) ranked third in terms of total production with a 5.8% share.
What are the leading suppliers of fonio to Portugal?
+
In value terms, Spain ($176) constituted the largest supplier of fonio to Portugal.
What are the leading importers of fonio from Portugal?
+
In value terms, the Netherlands ($7) remains the key foreign market for fonio exports from Portugal.
What is the average export price for fonio in Portugal?
+
The average fonio export price stood at $1,742 per tonne in 2016, waning by -71.4% against the previous year.
What is the average import price for fonio in Portugal?
+
In 2019, the average fonio import price amounted to $1,143 per tonne, dropping by -18.6% against the previous year.

Product coverage:
• FCL 94 - Fonio

This report provides an in-depth analysis of the fonio 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 2025.


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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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