Sugar preserved vegetables, fruit and nuts market in Portugal

Earlier Report Observations

The Portuguese market for sugar-preserved vegetables, fruit, and nuts exhibited significant volatility between 2018 and 2023. Volume surged from 1 261 t to a peak of 1 796 t in 2019, representing a substantial single-year expansion.

This growth was reversed in 2020, with the market contracting to 1 370 t. By 2023, the market volume had sharply declined to 439 t, a period during which domestic production ceased entirely.

In value terms, the market followed a similar trajectory, rising to 4.1 million USD in 2019 before falling to 2.1 million USD in 2023.

Production sugar preserved vegetables, fruit and nuts in Portugal

In value, 2018-2021, K $ US

Portugal's production of sugar-preserved vegetables, fruit, and nuts declined for the second consecutive year. In 2020, output was valued at 3 389 thousand US dollars, representing a modest reduction of 9.5% compared to 2019. Over the period from 2018 to 2020, production decreased by 18.1%, with a compound annual growth rate of -6.4%.

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

In kind, 2018-2021, t

From 2018 to 2021, Portugal ranked 18th globally in production volume of sugar-preserved vegetables, fruit, and nuts.

Top producers of sugar preserved vegetables, fruit and nuts, 2018-2021

World map of production of sugar preserved vegetables, fruit and nuts, 2018-2021

Portugal's production volume of sugar-preserved vegetables, fruit, and nuts fell for the second year in a row. In 2020, output totaled 1 333 tonnes, marking a significant decline of 20.5% compared to 2019. Between 2018 and 2020, production decreased by 22.6%, equating to an annualized rate of -8.2%.

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

Exports sugar preserved vegetables, fruit and nuts from Portugal

Exports in kind, t

Portugal's exports of sugar-preserved vegetables, fruit, and nuts declined for the third consecutive year. In 2021, exports amounted to 339.5 tonnes, down by 2.4% compared to 2020. From 2018 to 2021, exports decreased by 60.5%, with an annualized rate of -26.7%.

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

From 2018 to 2021, Luxembourg, France, and Spain were the leading destinations for Portugal's exports in kind. Luxembourg accounted for 35.2% of exports, France for 25.6%, and Spain for 12.0%, together representing 72.8% 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

After a two-year decline, Portugal's exports of sugar-preserved vegetables, fruit, and nuts increased in value. In 2021, exports reached 725 thousand US dollars, a 10.2% improvement year-over-year. However, over the period from 2018 to 2021, exports decreased by 59.8%, with a compound annual growth rate of -26.2%. The lowest value was recorded in 2020 at 658 thousand US dollars, while the largest decline occurred in 2019 at 49.7%.

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

From 2018 to 2021, the main markets for Portugal's exports in value terms were Luxembourg, France, and Spain. Luxembourg held a 24.8% share, France 21.5%, and Spain 15.6%, collectively accounting for 61.9% 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 sugar preserved vegetables, fruit and nuts to Portugal

Imports in kind, t

The market exhibited volatility during the observed period. Imports reached their lowest point in 2020 at 384.3 tonnes, with a decline of 35.1% that year. In 2021, imports surged to 978.5 tonnes, a 154.6% increase compared to the previous year, resulting in a 2.5-fold variation between the minimum in 2020 and the maximum in 2021.

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

From 2018 to 2021, Spain dominated Portugal's imports in kind, accounting for 86.2% of total flows, while other markets made up the remainder.

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 showed signs of volatility over the observed period. Imports hit their lowest level in 2020 at 941 thousand US dollars, declining by 23.8% that year. In 2021, imports jumped to 2 422 thousand US dollars, a 157.5% rise compared to 2020, leading to a 2.6-fold fluctuation between the low in 2020 and the high in 2021.

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

From 2018 to 2021, imports in value terms to Portugal were heavily concentrated on Spain, which accounted for 76.5% of total flows, with other countries comprising the remaining share.

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

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