Key Market Indicators
Portuguese whey imports are set to reach almost $54 million by 2026 from $44.2 million in 2021. This growth rate of 3.1% year on year is expected on average. Since 1993, the demand for this product in Portugal has jumped by nearly 11%. Portuguese whey exports are set to reach $25.8 million by 2026 from $22.3 million in 2021. The average year on year growth rate is 2.3%. Since 1993, Portugal's supply of this product has risen by 15.2%. In 2021, Portugal ranked 24th in global whey exports, with Ukraine coming in at number one with $22.3 million. France, Germany and the Netherlands followed at second, third and fourth place, respectively.