Prepared or preserved nuts and seeds market in Portugal

Earlier Report Observations

The production volume of prepared or preserved nuts and seeds in Portugal experienced significant fluctuations between 2018 and 2023. Environmental and production challenges, such as drought and rising costs for energy, water, and fertilizers, contributed to a drop in output to 41.4 thousand tons in 2019. However, expanded planting areas for hazelnuts and increased cultivation of carob helped drive a recovery to 54.5 thousand tons in 2020.

Investment in technology and innovation boosted productivity and international competitiveness, leading to a production peak of 58.5 thousand tons in 2022, with the market value reaching 231.8 million USD. Global disruptions, including the pandemic and the war in Ukraine, impacted supply chains and production costs, putting pressure on the sector despite growing export competitiveness driven by the valuation of nuts and seeds.

Consumer awareness of health benefits raised the relevance of pistachios, while the sector's strong export orientation and the creation of Protected Designations of Origin added value. Portugal achieved self-sufficiency in nuts by 2023, though production fell to 45.7 thousand tons that year, reflecting ongoing climatic and economic headwinds.

Production prepared or preserved nuts and seeds in Portugal

In value, 2018-2021, M $ US

Production of prepared or preserved nuts and seeds in Portugal has increased for the third consecutive year. In 2021, output was valued at 129.9 million US dollars, showing a negligible variation compared to the previous year. Over the period from 2018 to 2021, production grew by 33%, with a compound annual growth rate of 10.0%.

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

In kind, 2018-2021, t

The market exhibited volatility during the observed period. Production reached its peak in 2018 and its lowest point in 2019, with a 1.4-fold difference between these years. In 2021, Portugal produced 54 454 tonnes of prepared or preserved nuts and seeds, marking a 31.5% increase from the previous year. The minimum volume was recorded in 2019 at 41 396 tonnes. The largest decline occurred in 2019, with a drop of 30.3%, while the largest increase was in 2020, with a rise of 31.5%.

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

Exports prepared or preserved nuts and seeds from Portugal

Exports in kind, t

Export volumes of prepared or preserved nuts and seeds from Portugal have declined for the third consecutive year. In 2021, exports amounted to 815 tonnes, representing a decrease of 36.1% compared to the previous year. Between 2018 and 2021, exports fell by 64.9%, equating to an annualized rate of decline of 29.5%.

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

From 2018 to 2021, Spain and France together accounted for 81.9% of total export volumes, with the remaining flows distributed thinly across other markets.

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

Exports of prepared or preserved nuts and seeds from Portugal have declined for the third consecutive year. In 2021, export value reached 3 054 thousand US dollars, indicating a strong reduction of 16.0% year-over-year. Over the period from 2018 to 2021, exports decreased by 56.7%, with a compound annual growth rate of -24.3%.

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

Between 2018 and 2021, Spain, France, and Angola formed the main group of destinations for exports in value terms. Spain accounted for 53.7% of exports, France for 17.7%, and Angola for 6.9%, together representing 78.2% of total 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 prepared or preserved nuts and seeds to Portugal

Imports in kind, t

Portugal imported approximately 6 045 tonnes of prepared or preserved nuts and seeds in 2021, indicating a small drop of 1.3% compared to 2020. Between 2018 and 2021, imports increased by 17%, equating to an annualized growth rate of 5.4%. The minimum volume was recorded in 2019 at 4 823 tonnes, while the maximum was in 2020 at 6 124 tonnes. The largest decline occurred in 2019, with a decrease of 6.7%, and the largest increase was in 2020, with a rise of 27.0%.

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

From 2018 to 2021, Spain, Germany, and the Netherlands stood out as the main markets for import volumes. Spain accounted for 41.7% of imports, Germany for 28.6%, and the Netherlands for 8.9%, together representing 79.1% of total flows.

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 imported a total of 31 078 thousand US dollars worth of prepared or preserved nuts and seeds in 2021, reflecting a contraction of 7.8% compared to 2020. Between 2018 and 2021, imports increased by 7.7%, equating to an annualized growth rate of 2.5%. The minimum value was recorded in 2019 at 23 196 thousand US dollars, while the maximum was in 2020 at 31 078 thousand US dollars. The largest decline occurred in 2019, with a drop of 12.9%, and the largest increase was in 2020, with a rise of 34.0%.

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

Between 2018 and 2021, Spain, Germany, and the Netherlands consistently occupied leading positions in the country structure of import values. Spain accounted for 43.7% of imports, Germany for 29.2%, and the Netherlands for 8.6%, jointly accounting for 81.5% of total flows.

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

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