Capsicum and pimenta fruits market in Portugal

Earlier Report Observations

Between 2018 and 2021, the Portuguese capsicum and pimenta fruit market volume grew from 57 340 t to 74 707 t, while its value increased from 91.3 million US dollars to 152.7 million US dollars. This expansion was driven by improved access to international markets in 2020, which stimulated production, and the establishment of new rules for planting authorizations in 2021, helping to sustain high output levels.

Market volume declined to 63 344 t in 2022, with value falling to 113.7 million US dollars, largely due to environmental factors such as a significant increase in rural wildfires that damaged agricultural production. By 2023, the market recovered to 67 711 t and 138.2 million US dollars, supported by rising consumer demand for organic and sustainable products and continued international promotion through trade fairs.

Production capsicum and pimenta fruits in Portugal

In kind, 2018-2021, t

Top producers of capsicum and pimenta fruits, 2018-2021

World map of production of capsicum and pimenta fruits, 2018-2021

In 2021, Portugal produced 54 190 tonnes of capsicum and pimenta fruits, representing a slight decrease of 0.6% compared to the previous year. Looking at the broader period from 2018 to 2021, production grew by 42.1%, which translates to an annualized growth rate of 12.4%. The lowest production level was recorded in 2019 at 36 660 tonnes, while the highest was in 2020 at 54 500 tonnes. The most significant decline occurred in 2019, with a drop of 3.9%, whereas the largest increase was observed in 2020, surging by 48.7%.

Annual dynamics of production in Portugal in kind, 2018-2021, t

In value, 2018-2021, M $ US

Portugal's capsicum and pimenta fruits production value has risen for the third consecutive year. In 2021, the output was valued at 129.9 million US dollars, marking a moderate increase of 6.9% compared to the previous year. From 2018 to 2021, production value expanded by 74.3%, corresponding to an annualized growth rate of 20.3%.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

Exports capsicum and pimenta fruits from Portugal

Exports in kind, t

Following a two-year contraction, capsicum and pimenta fruits exports from Portugal have rebounded. In 2021, Portugal exported 1 726 tonnes, which is a substantial 38.8% increase from 2020. However, over the period from 2018 to 2021, exports overall decreased by 26.7%, equating to an annualized decline of 9.8%. The lowest export volume was recorded in 2020 at 1 244 tonnes, with the largest drop occurring in 2019 at 30.7%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, t

From 2018 to 2021, the primary destinations for Portugal's capsicum and pimenta fruits exports in kind were Poland, accounting for 28.3% of exports, the Netherlands at 25.9%, and Spain at 22.6%. Together, these three countries represented 76.7% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Portugal in kind, 2018-2021

Exports in value, K $ US

After a two-year reduction, capsicum and pimenta fruits export shipments from Portugal have increased. In 2021, the export value reached 4 137 thousand US dollars, showing a sharp rise of 49.2% compared to 2020. Over the 2018-2021 period, exports decreased by 10.1%, with a compound annual growth rate (CAGR) of -3.5%. The lowest value was recorded in 2020 at 2 773 thousand US dollars, which also saw the largest decline of 24.6%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

Between 2018 and 2021, the main destinations for Portugal's capsicum and pimenta fruits exports in value terms were the Netherlands, with a 38.0% share, Poland at 25.9%, and Spain at 14.7%. Collectively, these three markets accounted for 78.7% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Portugal in value, 2018-2021

Imports capsicum and pimenta fruits to Portugal

Imports in kind, t

After a two-year decline, cross-border shipments of capsicum and pimenta fruits into Portugal have increased. In 2021, Portugal imported 22 243 tonnes, reflecting a notable rise of 16.8% year-over-year. Over the 2018-2021 period, imports grew by 3.2%, with a CAGR of 1.1%. The lowest import volume was in 2020 at 19 043 tonnes, which also experienced the largest decline of 6.5%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, t

From 2018 to 2021, Portugal's imports of capsicum and pimenta fruits in kind were heavily dependent on Spain, which accounted for 95.1% of total imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Portugal in kind, 2018-2021

Imports in value, K $ US

Portugal's capsicum and pimenta fruits import value has increased for the second consecutive year. In 2021, imports were valued at approximately 26 921 thousand US dollars, up by 26.2% from the previous year. Between 2018 and 2021, import value rose by 26%, equating to an annualized growth rate of 8.0%. The lowest value was recorded in 2019 at 21 254 thousand US dollars, which also saw the largest decline of 0.5%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US

In the 2018-2021 period, the country structure of Portugal's capsicum and pimenta fruits imports in value terms was highly concentrated on Spain, which held an 89.1% share of total flows, with other partners making up the remainder.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Portugal in value, 2018-2021