Portugal: Market for Frozen Atlantic Salmon And Danube Salmon 2022

Market Size for Frozen Atlantic Salmon And Danube Salmon in Portugal

The Portuguese market for frozen atlantic salmon and danube salmon was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption enjoyed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Frozen Atlantic Salmon And Danube Salmon

Exports from Portugal

In 2021, after three years of growth, there was significant decline in overseas shipments of frozen atlantic salmon and danube salmon, when their volume decreased by -X% to X tons. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020, and then dropped markedly in the following year.

In value terms, exports of frozen atlantic salmon and danube salmon shrank remarkably to $X in 2021. Over the period under review, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then contracted sharply in the following year.

Exports by Country

Italy (X tons) was the main destination for exports of frozen atlantic salmon and danube salmon from Portugal, with a X% share of total exports. Moreover, exports of frozen atlantic salmon and danube salmon to Italy exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Spain (-X% per year).

In value terms, Italy ($X) emerged as the key foreign market for frozen atlantic salmon and danube salmon exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by Angola, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Angola (+X% per year).

Export Prices by Country

In 2021, the average export price for frozen atlantic salmon and danube salmon amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per ton), while the average price for exports to Cuba ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Atlantic Salmon And Danube Salmon

Imports into Portugal

In 2021, overseas purchases of frozen atlantic salmon and danube salmon increased by X% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen atlantic salmon and danube salmon skyrocketed to $X in 2021. In general, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Denmark (X tons) and Chile (X tons) were the main suppliers of imports of frozen atlantic salmon and danube salmon to Portugal, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen atlantic salmon and danube salmon suppliers to Portugal were Denmark ($X), Spain ($X) and Chile ($X), together comprising X% of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen atlantic salmon and danube salmon stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for frozen atlantic salmon and danube salmon increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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