Portugal: Rabbit Meat Market 2022

Rabbit Meat Market Size in Portugal

The Portuguese rabbit meat market contracted to $X in 2020, which is down 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). Overall, consumption saw a pronounced slump. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Rabbit meat consumption peaked at $X in 2010; however, from 2011 to 2020, consumption stood at a somewhat lower figure.

Rabbit Meat Exports

Exports from Portugal

For the eighth consecutive year, Portugal recorded growth in overseas shipments of rabbit or hare meat, which increased by X% to X tonnes in 2020. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to continue growth in the immediate term.

In value terms, rabbit meat exports skyrocketed to $X in 2020. Overall, exports recorded moderate growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

Spain (X tonnes) was the main destination for rabbit meat exports from Portugal, with 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 growth rate 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 growth rate 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

In 2020, the average rabbit meat export price amounted to $X per kg, rising by X% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, rabbit meat export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per kg. from 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Spain ($X per kg), while the average price for exports to Switzerland ($X per kg) 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, approx. X tonnes of rabbit or hare meat were imported into Portugal; waning by -X% against the year before. In general, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. from 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, rabbit meat imports reduced to $X in 2020. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Spain (X tonnes) was the main rabbit meat supplier 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 stood at -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 stood at -X%.

Import Prices by Country

In 2020, the average rabbit meat import price amounted to $X per kg, approximately mirroring the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per kg in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform