Sausages and similar meat products market in Portugal

Earlier Report Observations

From 2018 to 2020, the Portuguese market for sausages and similar meat products showed steady growth, supported by the emergence and expansion of the plant-based segment. The launch of Izidoro's 'Veggie Lovers' range and significant investments in alternative meat production broadened product offerings and attracted consumers seeking sustainable options.

Market volume dropped sharply by 25% in 2021 but recovered strongly over the next two years, reaching 387.5 млн долл. by 2023. This rebound was facilitated by capacity expansions from major players like Tyson Foods, increased automation in meat processing, and continuous innovation in plant-based products that catered to growing demand for healthier and environmentally friendly alternatives.

Throughout the period, evolving EU regulations on labeling and food safety, alongside consumer preferences for sustainable packaging and reduced emissions, shaped the market landscape, prompting producers to adapt their products and processes to meet new standards.

Production sausages and similar meat products in Portugal

In value, 2018-2021, M $ US

Portugal's production of sausages and similar meat products declined after two years of growth. In 2021, output was valued at 187.7 million US dollars, marking a 28.3% decrease from 2020. Production fell by 23.8% between 2018 and 2021, translating to an annualized decline of 8.6%. The peak value was recorded in 2020 at 261.8 million US dollars, with the largest increase of 3.8% also occurring that year.

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

In kind, 2018-2021, t

Portugal's production of sausages and similar meat products declined for the second year in a row. In 2021, output totaled 47,880 tonnes, representing a significant 23.5% drop from 2020. Between 2018 and 2021, production decreased by 23.8%, equivalent to an annualized rate of 8.7%. The highest volume was recorded in 2019 at 63,615 tonnes, with the largest increase of 1.2% also in 2019.

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

Exports sausages and similar meat products from Portugal

Exports in kind, t

Portugal's exports of sausages and similar meat products declined for the third consecutive year. In 2021, exports totaled 15,091 tonnes, showing a modest 4.4% decrease from the previous year. Over the 2018-2021 period, exports fell by 18.4%, with a compound annual growth rate of -6.5%.

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

From 2018 to 2021, Angola, France, and Cabo Verde were consistently the main destinations for Portugal's exports in volume terms. Angola accounted for 59.1% of exports, France for 9.2%, and Cabo Verde for 7.4%, together representing 75.7% of total 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

Portugal's exports of sausages and similar meat products increased after two years of decline. In 2021, exports totaled 46.949 million US dollars, remaining nearly unchanged from 2020. Between 2018 and 2021, exports decreased by 11.8%, equating to an annualized decline of 4.1%. The lowest value was recorded in 2020 at 46.789 million US dollars, with the largest drop of 10.4% occurring in 2019.

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

From 2018 to 2021, Angola, France, and Cabo Verde were the primary destinations for Portugal's exports in value terms. Angola accounted for 50.4% of exports, France for 12.2%, and Cabo Verde for 6.9%, together absorbing 69.6% of total export value.

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

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

Imports sausages and similar meat products to Portugal

Imports in kind, t

Portugal's imports of sausages and similar meat products increased after two years of decline. In 2021, imports totaled 10,600 tonnes, showing a 21.2% rise from the previous year. Between 2018 and 2021, imports grew by 11.6%, equivalent to an annualized increase of 3.7%. The lowest volume was recorded in 2020 at 8,756 tonnes, with the largest decline of 4.5% also in 2020.

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

From 2018 to 2021, Spain and Germany dominated Portugal's imports in volume terms, jointly accounting for 88.0% of total flows, while other countries represented the remaining share.

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 imports of sausages and similar meat products increased for the second consecutive year. In 2021, imports amounted to 53.346 million US dollars, equivalent to a significant 19.9% advance from the previous year. Over the 2018-2021 period, imports grew by 22.4%, with a compound annual growth rate of 7.0%. The lowest value was recorded in 2019 at 42.052 million US dollars, with the largest decline of 3.5% also in 2019.

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

Throughout 2018-2021, Spain and Germany remained the principal sources for Portugal's imports in value terms, jointly taking 87.7% of total flows, with other partners each accounting for significantly smaller shares.

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

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