Portugal: Candied Fruit Market 2024

Candied Fruit Market Size in Portugal

The Portuguese candied fruit market shrank rapidly to $X in 2022, declining by X% against the previous year. In general, consumption continues to indicate a deep slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Candied Fruit Production in Portugal

In value terms, candied fruit production fell modestly to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Candied fruit production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average candied fruit yield in Portugal amounted to less than X kg per ha, flattening at 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of candied fruits production in Portugal totaled less than X ha, therefore, remained relatively stable against 2021. Over the period under review, the harvested area saw a relatively flat trend pattern.

Candied Fruit Exports

Exports from Portugal

In 2022, shipments abroad of candied fruits decreased by X% to X tons, falling for the fourth consecutive year after five years of growth. Over the period under review, exports saw a pronounced reduction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, candied fruit exports dropped to $X in 2022. Overall, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Luxembourg (X tons) and Angola (X tons) were the main destinations of candied fruit exports from Portugal, with a combined X% share of total exports. Belgium, Spain, the United States and Switzerland 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 Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for candied fruit exported from Portugal were France ($X), Angola ($X) and Luxembourg ($X), together comprising X% of total exports. Spain, the United States, Switzerland and Belgium lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average candied fruit export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Portugal

Candied fruit imports into Portugal contracted sharply to X tons in 2022, waning by X% on the previous year. In general, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, candied fruit imports reduced to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest candied fruit supplier to Portugal, with a X% share of total imports. Moreover, candied fruit imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Thailand (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Spain ($X) constituted the largest supplier of candied fruits to Portugal, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

In 2022, the average candied fruit import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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