The processed tuna market in Portugal has shown steady growth, reaching a volume of 25.815 million kilograms in 2023. From 2013 to 2023, there has been a noticeable upward trend, with fluctuations such as a significant increase in 2016. Year-on-year increases over the last two years were modest at 1.88% and 1.81%. The compound annual growth rate (CAGR) over the past five years was 2.06%, indicating consistent expansion.
Future market trends to watch include potential impacts of sustainability practices, consumer demand for health-conscious options, and market competition as global seafood consumption patterns evolve. These factors could influence both production methods and market dynamics.
