Portugal: Root And Tuber Market 2024

Root And Tuber Market Size in Portugal

In 2022, the Portuguese root and tuber market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Root And Tuber Production in Portugal

In value terms, root and tuber production fell modestly to $X in 2022 estimated in export price. In general, production recorded a slight decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of roots and tubers in Portugal shrank to X tons per ha in 2022, with a decrease of X% on 2021 figures. The yield figure 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. Over the period under review, the average root and tuber yield reached the peak level at X tons per ha in 2021, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The root and tuber harvested area in Portugal expanded modestly to X ha in 2022, surging by X% against 2021 figures. Overall, the harvested area, however, showed a perceptible setback. The pace of growth was the most pronounced in 2013 with an increase of X%. The root and tuber harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

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Root And Tuber Exports

Exports from Portugal

In 2022, shipments abroad of roots and tubers increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, root and tuber exports contracted to $X in 2022. Overall, exports saw a temperate expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Spain (X tons) was the main destination for root and tuber exports from Portugal, accounting for a X% share of total exports. Moreover, root and tuber exports to Spain exceeded the volume sent to the second major destination, France (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, 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 the Netherlands (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value 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 the Netherlands (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Cabo Verde ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Portugal

After three years of decline, overseas purchases of roots and tubers increased by X% to X tons in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, root and tuber imports surged to $X in 2022. In general, total imports indicated a moderate increase from 2012 to 2022: its value 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. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of root and tuber imports to Portugal, together comprising X% of total imports. These countries were followed by Belgium, which accounted for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and the Netherlands ($X) were the largest root and tuber suppliers to Portugal, together accounting for X% of total imports. These countries were followed by Belgium, which accounted for a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average root and tuber import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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