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Portugal - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Maize Market Overview 2021

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Maize Market Size in Portugal

In 2019, the Portuguese maize market was finally on the rise to reach $X after four years of decline. In general, consumption posted a notable expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

Maize Production in Portugal

In value terms, maize production totaled $X in 2019 estimated in export prices. In general, production showed a significant decline. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.

In 2019, the average maize yield in Portugal totaled X kg per ha, stabilizing at 2018 figures. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the maize harvested area in Portugal totaled X ha, therefore, remained relatively stable against 2018. Overall, the harvested area saw a relatively flat trend pattern.

Maize Exports

Exports from Portugal

In 2019, after three years of growth, there was significant decline in overseas shipments of maize (green), when their volume decreased by -X% to X tonnes. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, maize exports contracted notably to $X in 2019. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Spain (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of maize exports from Portugal, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Spain, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for maize exported from Portugal were Spain ($X), France ($X) and the UK ($X), with a combined X% share of total exports.

Among the main countries of destination, Spain saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average maize export price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into Portugal

Maize imports into Portugal declined sharply to X tonnes in 2019, with a decrease of -X% compared with 2018. In general, imports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

In value terms, maize imports contracted significantly to $X in 2019. Overall, total imports indicated a tangible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018, and then declined sharply in the following year.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest maize supplier to Portugal, with a X% share of total imports. Moreover, maize imports from Spain exceeded the figures recorded by the second-largest supplier, Costa Rica (X tonnes), threefold. The third position in this ranking was occupied by Morocco (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and Morocco (-X% per year).

In value terms, Spain ($X) constituted the largest supplier of maize to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and Morocco (-X% per year).

Import Prices by Country

In 2019, the average maize import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2019 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize (green) in the world?
+
The U.S. (3.1M tonnes) remains the largest maize consuming country worldwide, comprising approx. 25% of total volume. Moreover, maize consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Croatia (891K tonnes), threefold. The third position in this ranking was occupied by Nigeria (795K tonnes), with a 6.4% share.
What are the largest producers of maize (green) in the world?
+
The U.S. (2.9M tonnes) remains the largest maize producing country worldwide, comprising approx. 23% of total volume. Moreover, maize production in the U.S. exceeded the figures recorded by the second-largest producer, Mexico (971K tonnes), threefold. Croatia (889K tonnes) ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of maize (green) to Portugal?
+
In value terms, Spain ($6.6M) constituted the largest supplier of maize to Portugal, comprising 68% of total imports. The second position in the ranking was occupied by Costa Rica ($1.4M), with a 15% share of total imports. It was followed by Morocco, with a 4% share.
What are the leading importers of maize (green) from Portugal?
+
In value terms, Spain ($2.9M), France ($2M) and the UK ($1.2M) were the largest markets for maize exported from Portugal worldwide, together accounting for 83% of total exports.
What is the average export price for maize (green) in Portugal?
+
In 2019, the average maize export price amounted to $1,596 per tonne, picking up by 14% against the previous year.
What is the average import price for maize (green) in Portugal?
+
In 2019, the average maize import price amounted to $1,270 per tonne, increasing by 7.4% against the previous year.

Product coverage:
• FCL 446 - Green Corn (Maize)

This report provides an in-depth analysis of the maize 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

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

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

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

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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