Portugal: Leek Market 2022

Leek Market Size in Portugal

The Portuguese leek market reduced remarkably to $X in 2021, shrinking by -X% against the previous year. In general, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Leek Production in Portugal

In value terms, leek production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell remarkably in the following year.

The average yield of leeks and other alliaceous vegetables in Portugal reduced markedly to less than X kg per ha in 2021, which is down by -X% compared with 2020 figures. Over the period under review, the yield, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2021, the growth of the average leek yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of leeks and other alliaceous vegetables were harvested in Portugal; waning by -X% on the previous year's figure. Overall, the harvested area, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha, and then dropped notably in the following year.

Leek Exports

Exports from Portugal

Leek exports from Portugal reduced modestly to X tons in 2021, almost unchanged from the year before. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, leek exports skyrocketed to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for leek exports from Portugal, accounting for a X% share of total exports. Moreover, leek exports to Spain exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Belgium (+X% per year).

In value terms, Spain ($X) remains the key foreign market for leek exports from Portugal, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2021, the average leek export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, leek export price increased by +X% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to the Netherlands ($X per ton) and France ($X per ton), while the average price for exports to Spain ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Leek Imports

Imports into Portugal

In 2021, supplies from abroad of leeks and other alliaceous vegetables decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020, and then shrank rapidly in the following year.

In value terms, leek imports shrank markedly to $X in 2021. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined sharply in the following year.

Imports by Country

Spain (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of leek imports to Portugal, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual growth rate of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The average leek import price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform