Portugal: Market for Smoked Fish Other than Salmon and Herring 2024

Market Size for Smoked Fish Other than Salmon and Herring in Portugal

The Portuguese market for smoked fish other than salmon and herring rose rapidly to $X in 2022, with an increase of X% against the previous year. The market value 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 in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Smoked Fish Other than Salmon and Herring in Portugal

In value terms, production of smoked fish other than salmon and herring stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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Exports of Smoked Fish Other than Salmon and Herring

Exports from Portugal

In 2022, shipments abroad of smoked fish other than salmon and herring decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of smoked fish other than salmon and herring shrank rapidly to $X in 2022. Over the period under review, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of smoked fish other than salmon and herring from Portugal, with a X% share of total exports. It was followed by Angola (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Spain (X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for smoked fish other than salmon and herring exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average export price for smoked fish other than salmon and herring amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to the Czech Republic ($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 Angola (X%).

Imports of Smoked Fish Other than Salmon and Herring

Imports into Portugal

In 2022, purchases abroad of smoked fish other than salmon and herring decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. Overall, imports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of smoked fish other than salmon and herring dropped to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Spain (X tons) and France (X tons) were the main suppliers of imports of smoked fish other than salmon and herring to Portugal, with a combined X% share of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of smoked fish other than salmon and herring to Portugal, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for smoked fish other than salmon and herring amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and the Netherlands ($X per ton), while the price for Spain ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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