Market research

Maize bran, sharps and residues market in Portugal

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for maize bran, sharps and residues in Portugal contracted significantly from 2018 to 2023, with volume falling from 31 438 tons to 21 322 tons. Market value also declined from 9.1 million USD to 6.4 million USD, though it saw a temporary rebound in 2021 and 2022.

From 2021 onward, specific factors influenced market dynamics. The expansion of corn ethanol production in Brazil increased global demand for maize bran as a feed ingredient, supporting prices. In Portugal, a cereal deficit pushed up local corn prices, affecting production costs. The opening of new export markets for Brazilian maize bran in 2023 added to global supply, contributing to price volatility.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In kind, 2018-2023, t
  2. 5.1.2. In value, 2018-2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production maize bran, sharps and residues in Portugal

In value, 2018-2021, K $ US

Portugal's production of maize bran, sharps and residues in monetary terms increased after two years of decline. In 2021, output reached 3 677 K $ US, marking a moderate rise of 9.1% compared to the previous year. Over the 2018-2021 period, production fell by 21.4%, with a compound annual growth rate of 7.7%. The lowest value was recorded in 2020 at 3 371 K $ US, while the largest decline occurred in 2019, dropping by 20.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(20.9%)	(8.9%)	9.1%	(7.7%)

Source: SHEV.io

In kind, 2018-2021, t

Top producers of maize bran, sharps and residues, 2018-2021

Source: SHEV.io

World map of production of maize bran, sharps and residues, 2018-2021

Source: SHEV.io

Portugal's production volume of maize bran, sharps and residues declined for the third consecutive year. In 2021, output totaled 12 869 t, which is 21.0% lower than the previous year. Over the 2018-2021 period, production decreased by 42.3%, with a compound annual growth rate of 16.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.7%)	(12.4%)	(21.0%)	(16.8%)

Source: SHEV.io

Exports maize bran, sharps and residues from Portugal

Exports in kind, t

The market showed an unstable trend throughout the period. Portugal exported 371 t of maize bran, sharps and residues in 2021, representing an abrupt fall of 61.8% from the year before. The maximum value was recorded in 2019 at 2 182 t, with the largest increase that year of 70.3%. Import levels fluctuated 5.9 times between the high in 2019 and the low in 2021.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	70.3%	(55.4%)	(61.8%)	(33.8%)

Source: SHEV.io

From 2018 to 2021, Spain almost entirely determined the geographical structure of Portugal's exports of maize bran, sharps and residues in kind, accounting for 96.7% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Maize bran, sharps and residues deliveries from Portugal declined for the second consecutive year. In 2021, exports reached 83 K $ US, representing an abrupt decrease of 55.9% compared to the previous year. Over the 2018-2021 period, exports fell by 69.2%, with a compound annual growth rate of 32.4%. The maximum value was recorded in 2019 at 430 K $ US, with the largest increase that year of 60.2% and the largest decline in 2020 of 56.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	60.2%	(56.4%)	(55.9%)	(32.4%)

Source: SHEV.io

From 2018 to 2021, 95.6% of Portugal's total exports in value terms of maize bran, sharps and residues were directed to Spain, making this market overwhelmingly dominant.

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

Source: SHEV.io

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

Source: SHEV.io

Imports maize bran, sharps and residues to Portugal

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Portugal imported a total of value_last_year t of maize bran, sharps and residues in 2021, up by 13.4% compared to 2020. The minimum value was recorded in 2019 at 4 279 t, with the largest decline that year of 58.9% and the largest increase in 2020 of 91.5%. Import levels fluctuated 2.4 times between the high in 2018 and the low in 2019.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(58.9%)	91.5%	13.4%	(3.7%)

Source: SHEV.io

Over the 2018-2021 period, dependence on Spain was pronounced, with this market accounting for 100.0% of total imports in kind of maize bran, sharps and residues to Portugal.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Portugal's imports of maize bran, sharps and residues in monetary terms increased after a two-year decrease. In 2021, imports totaled 2 901 K $ US, which is 30.5% higher compared to 2020. Over the 2018-2021 period, imports decreased by 38.6%, with a compound annual growth rate of 15.0%. The minimum value was recorded in 2020 at 2 222 K $ US, with the largest decline that year of 43.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(17.5%)	(43.0%)	30.5%	(15.0%)

Source: SHEV.io

From 2018 to 2021, Spain was the key and almost sole market for imports in value terms of maize bran, sharps and residues to Portugal, accounting for 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io