Key Market Indicators
Portugal's frozen food exports are expected to reach $93 million by 2026, up from $81 million in 2021. This marks a 2.2% year-on-year growth rate since 1993. Peru overtook Portugal in 2021, with exports of $81 million. China, Spain and Mexico were ranked second, third and fourth respectively. Portugal's frozen food imports are also forecast to increase, reaching $104 million by 2026, compared to $96 million in 2021. This marks an average growth rate of 1.4% year-on-year since 1993. Brazil moved ahead of Portugal in 2021, with imports of $96 million. The United States, South Korea and Japan were second, third and fourth respectively.
