Not frozen prepared potatoes market in Portugal

Earlier Report Observations

The market for not frozen prepared potatoes in Portugal experienced significant volume fluctuations between 2018 and 2022, with consumption rising from 31 659 t in 2018 to 45 400 t in 2020, then dropping to 34 647 t in 2021 before recovering to 39 963 t in 2022. In value terms, the market demonstrated steady expansion from $143.3 million to $189.4 million over the same period. This growth was primarily fueled by a sustained consumer shift toward processed convenience foods, notably pre-fried frozen potato products, which increased demand for potatoes destined for industrial preparation.

Regulatory modernization, including Decree-Law No. 78/2020, updated the legal framework for potato production and certification, facilitating market organization. A key development was the expansion of contracted acreage for industrial potatoes, aligning supply with growing processing demand. The severe drought in 2022 reduced domestic potato yields by an estimated 10%, yet market volume grew that year, supported by higher per capita consumption and increased processing activity. The entry of modern processors like LUSOBATATA, which distributed 3 754 t of fresh-cut products in 2022, bolstered the supply of prepared potato items.

The trend toward processed potato products continued into 2023, driven by consumer demand for convenience. New EU regulations, setting deadlines to remove potato products with certain artificial smoky flavors by 2025, began to influence product offerings. Investments in automation and agricultural technology progressed, aiming to improve efficiency despite challenges such as fragmented farm plots and climatic volatility affecting domestic production.

Production not frozen prepared potatoes in Portugal

In value, 2018-2021, M $ US

In 2021, Portugal's output of not frozen prepared potatoes was valued at 186.1 million US dollars, marking a 6.1% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 13.3%, with a compound annual growth rate (CAGR) of 4.2%.

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

In kind, 2018-2021, t

In 2021, Portugal produced 43 249 tonnes of not frozen prepared potatoes, indicating a notable reduction of 18.7% compared to 2020. However, over the period from 2018 to 2021, production increased by 15.6%, with a compound annual growth rate (CAGR) of 5.0%.

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

Exports not frozen prepared potatoes from Portugal

Exports in kind, t

Not frozen prepared potatoes volumes leaving Portugal increased for the third consecutive year. In 2021, exports totalled 16 477 tonnes, representing a substantial gain of 16.7% year-over-year. Over the period from 2018 to 2021, exports grew by 33.7%, with a compound annual growth rate (CAGR) of 10.2%.

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

Throughout 2018–2021, Spain played the leading role in exports in kind, accounting for 75.6% of total flows, while other markets together made up the remainder.

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

Exported not frozen prepared potatoes volumes from Portugal increased for the second consecutive year. In 2021, Portugal exported 53.612 million US dollars of not frozen prepared potatoes, reflecting a 31.7% increase over the past year. Over the period from 2018 to 2021, exports grew by 38.9%, with a compound annual growth rate (CAGR) of 11.6%. The minimum value was recorded in 2019 at 36.992 million US dollars, with the largest decline of 4.1% also occurring in that year.

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

In 2018–2021, Spain remained the dominant direction for exports in value terms, with a share of 70.4% of total flows, while the remainder was fragmented across other markets.

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

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

Imports not frozen prepared potatoes to Portugal

Imports in kind, t

The market showed signs of volatility over the observed period. Imports reached their lowest point in 2019 at 1 810 tonnes, with the largest decline of 72.4% recorded in that year. In 2020, imports saw the largest increase of 249.6%. By 2021, not frozen prepared potatoes deliveries to Portugal came to 7 876 tonnes, up by 24.4% compared with 2020. Overall, from the trough in 2019 to the peak in 2021, imports changed by a factor of 4.4.

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

In 2018–2021, Spain (62.8% of imports in kind), Belgium (12.5% of imports in kind), and France (7.7% of imports in kind) continued to head the list of suppliers of not frozen prepared potatoes to Portugal, jointly taking 83.0% of total imports in kind.

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

The market exhibited an unstable trend throughout the timeframe. The minimum value was recorded in 2020 at 14.865 million US dollars, with the largest decline of 14.1% occurring in 2019. In 2021, not frozen prepared potatoes volumes to Portugal came to 27.568 million US dollars, amounting to an uptick of 85.5% year-over-year. Overall, a 1.9-fold variation was reached between the minimum in 2020 and the maximum in 2021.

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

In 2018–2021, Spain (58.9% of imports in value terms), Belgium (15.8% of imports in value terms), and Poland (7.7% of imports in value terms) together accounted for 82.4% of total imports in value terms, remaining the main destinations for not frozen prepared potatoes to Portugal.

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

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