Portugal: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Portugal

The Portuguese preserved sweet corn market stood at $X in 2022, surging 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). In general, consumption, however, saw a slight slump. Preserved sweet corn consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Preserved Sweet Corn Exports

Exports from Portugal

In 2022, shipments abroad of sweet corn prepared or preserved decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, preserved sweet corn exports reduced to $X in 2022. The total export 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 throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank in the following year.

Exports by Country

Angola (X tons), Cabo Verde (X tons) and Morocco (X tons) were the main destinations of preserved sweet corn exports from Portugal, with a combined X% share of total exports. Mozambique, Sao Tome and Principe, Spain, Venezuela and Luxembourg lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Venezuela (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cabo Verde ($X), Angola ($X) and Morocco ($X) constituted the largest markets for preserved sweet corn exported from Portugal worldwide, together accounting for X% of total exports. Sao Tome and Principe, Mozambique, Spain, Venezuela and Luxembourg lagged somewhat behind, together comprising a further X%.

Venezuela, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($X per ton), while the average price for exports to Spain ($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 Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Portugal

Preserved sweet corn imports into Portugal rose remarkably to X tons in 2022, growing by X% compared with the previous year's figure. Over the period under review, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, preserved sweet corn imports expanded rapidly to $X in 2022. Overall, imports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of preserved sweet corn imports to Portugal, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Spain ($X), France ($X) and Germany ($X) were the largest preserved sweet corn suppliers to Portugal, together comprising X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average preserved sweet corn import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Germany ($X per ton), while the price for France ($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 a decline.

Source: IndexBox Platform

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