Portugal: Rabbit Meat Market Overview 2021

Rabbit Meat Market Size in Portugal

The Portuguese rabbit meat market rose significantly to $X in 2020, growing by 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). Over the period under review, consumption, however, saw a perceptible slump. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Rabbit meat consumption peaked at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Rabbit Meat Exports

Exports from Portugal

In 2020, after three years of growth, there was significant decline in overseas shipments of rabbit or hare meat, when their volume decreased by -X% to X tonnes. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2019, and then reduced markedly in the following year.

In value terms, rabbit meat exports dropped significantly to $X in 2020. Over the period under review, exports, however, posted a perceptible increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then declined markedly in the following year.

Exports by Country

Spain (X tonnes) was the main destination for rabbit meat exports from Portugal, accounting for a X% share of total exports. It was followed by Switzerland (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and the UK (-X% per year).

In value terms, Spain ($X) remains the key foreign market for rabbit meat exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Spain stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and the UK (-X% per year).

Export Prices by Country

The average rabbit meat export price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, export price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2019, and then contracted in the following year.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Spain ($X per tonne), while the average price for exports to Switzerland ($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 Spain, while the prices for the other major destinations experienced a decline.

Rabbit Meat Imports

Imports into Portugal

In 2020, the amount of rabbit or hare meat imported into Portugal dropped modestly to X tonnes, waning by -X% against the previous year. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, rabbit meat imports dropped to $X in 2020. Over the period under review, imports saw a perceptible slump. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Spain (X tonnes) was the main supplier of rabbit meat 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 rate of growth in terms of volume from Spain amounted to -X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value from Spain amounted to -X%.

Import Prices by Country

In 2020, the average rabbit meat import price amounted to $X per tonne, leveling off at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Average prices varied somewhat 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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rabbit or hare meat in the world?

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The country with the largest volume of rabbit meat consumption was China (891K tonnes), comprising approx. 63% of total volume. Moreover, rabbit meat consumption in China exceeded the figures recorded by the second-largest consumer, Democratic People's Republic of Korea (173K tonnes), fivefold. Spain (47K tonnes) ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of rabbit or hare meat in the world?

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The country with the largest volume of rabbit meat production was China (895K tonnes), accounting for 64% of total volume. Moreover, rabbit meat production in China exceeded the figures recorded by the second-largest producer, Democratic People's Republic of Korea (173K tonnes), fivefold. The third position in this ranking was occupied by Spain (53K tonnes), with a 3.8% share.

What are the leading suppliers of rabbit or hare meat to Portugal?

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In value terms, Spain ($8.1M) constituted the largest supplier of rabbit meat to Portugal, comprising 98% of total imports. The second position in the ranking was occupied by France ($126K), with a 1.5% share of total imports.

What are the leading importers of rabbit or hare meat from Portugal?

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In value terms, Spain ($1.6M) remains the key foreign market for rabbit meat exports from Portugal, comprising 91% of total exports. The second position in the ranking was occupied by Switzerland ($39K), with a 2.3% share of total exports.

What is the average export price for rabbit or hare meat in Portugal?

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The average rabbit meat export price stood at $4,925 per tonne in 2020, falling by -6.6% against the previous year.

What is the average import price for rabbit or hare meat in Portugal?

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The average rabbit meat import price stood at $4,225 per tonne in 2020, remaining relatively unchanged against the previous year.