Overview of the Market for Fruit Or Nut Preserves in Portugal
In value terms, fruit or nut preserves production fell modestly to $ in estimated in export prices. Overall, the total production indicated a pronounced increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of % against the previous year. As a result, production reached the peak level of $. from 2014 to , production growth remained at a lower figure.
The revenue of the fruit or nut preserves market in Portugal contracted to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by % year-to-year. Fruit or nut preserves consumption peaked at $ in 2019, and then fell in the following year.