Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal - 2023
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (CIF) - 2023
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (FOB) - 2023
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (CIF) - 2023
The average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,420 per ton in October 2023, almost unchanged from the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 19% month-to-month. The import price peaked at $1,958 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($3,112 per ton), while the price for France ($374 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (FOB) - 2023
The average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds stood at $1,520 per ton in October 2023, falling by -6% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 38% m-o-m. The export price peaked at $1,958 per ton in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In October 2023, the country with the highest price was Denmark ($1,788 per ton), while the average price for exports to Spain amounted to $1,205 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal
In 2022, approx. 10K tons of leguminous vegetables; shelled or unshelled, fresh or chilleds were imported into Portugal; growing by 13% compared with the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds expanded notably to $15M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports attained the peak of $16M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 13.3 | 15.5 | 13.1 | 14.2 | 2.2% |
| France | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 13.5 | 15.9 | 13.5 | 14.6 | 2.6% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Portugal in 2022:
- Spain (10.0K tons)
- France (0.2K tons)
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal
Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Portugal soared to 2K tons in 2022, increasing by 42% compared with 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds soared to $2.8M in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 740 | 1,280 | 1,068 | 1,478 | 25.9% |
| Denmark | 206 | 170 | 469 | 1,055 | 72.4% |
| Belgium | 10.6 | 115 | 137 | 51.3 | 69.1% |
| Others | 256 | 276 | 344 | 204 | -7.3% |
| Total | 1,213 | 1,842 | 2,017 | 2,788 | 32.0% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Portugal in 2022:
- Spain (1054.5 tons)
- Denmark (810.5 tons)
- Belgium (31.5 tons)
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