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Portugal - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Pork Market Overview 2021

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Pork Market Size in Portugal

For the sixth year in a row, the Portuguese pork market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption saw a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Pork Production in Portugal

In value terms, pork production amounted to $X in 2020 estimated in export prices. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

The average yield of pork in Portugal totaled X kg per head in 2020, therefore, remained relatively stable against the year before. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the yield increased by X% y-o-y. The pork yield peaked at X kg per head in 2014; however, from 2015 to 2020, the yield failed to regain the momentum.

In 2020, number of animals slaughtered for pork production in Portugal stood at X heads, remaining constant against the previous year's figure. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. The number of animals slaughtered for pork production peaked at X heads in 2008; however, from 2009 to 2020, producing animals failed to regain the momentum.

Pork Exports

Exports from Portugal

In 2020, shipments abroad of pork increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, pork exports soared to $X in 2020. In general, exports posted strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

China (X tonnes) was the main destination for pork exports from Portugal, accounting for a X% share of total exports. Moreover, pork exports to China exceeded the volume sent to the second major destination, Spain (X tonnes), twofold. Germany (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Germany (+X% per year).

In value terms, China ($X) emerged as the key foreign market for pork exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Angola (+X% per year).

Export Prices by Country

In 2020, the average pork export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Pork Imports

Imports into Portugal

In 2020, purchases abroad of pork decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, pork imports reduced to $X in 2020. Over the period under review, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X tonnes) was the main supplier of pork to Portugal, with a X% share of total imports. It was followed by France (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Spain stood at -X%.

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

From 2007 to 2020, the average annual growth rate of value from Spain stood at -X%.

Import Prices by Country

The average pork import price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for France stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pork in the world?
+
The country with the largest volume of pork consumption was China (47M tonnes), accounting for 42% of total volume. Moreover, pork consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (11M tonnes), fourfold. Russia (5M tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of pork in the world?
+
China (43M tonnes) remains the largest pork producing country worldwide, comprising approx. 38% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, the U.S. (13M tonnes), threefold. The third position in this ranking was occupied by Germany (5.3M tonnes), with a 4.7% share.
What are the leading suppliers of pork to Portugal?
+
In value terms, Spain ($279M) constituted the largest supplier of pork to Portugal, comprising 96% of total imports. The second position in the ranking was occupied by France ($4.3M), with a 1.5% share of total imports.
What are the leading importers of pork from Portugal?
+
In value terms, China ($63M) emerged as the key foreign market for pork exports from Portugal, comprising 48% of total exports. The second position in the ranking was occupied by Spain ($27M), with a 21% share of total exports. It was followed by Angola, with a 4.4% share.
What is the average export price for pork in Portugal?
+
The average pork export price stood at $2,656 per tonne in 2020, declining by -1.5% against the previous year.
What is the average import price for pork in Portugal?
+
The average pork import price stood at $3,380 per tonne in 2020, rising by 7% against the previous year.

Product coverage:
• FCL 1035 - Pig meat

This report provides an in-depth analysis of the pork 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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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