The orange juice market in Portugal witnessed fluctuations from 2013 to 2023, with values expressed in million Euros. The market demonstrated a decline from 2013 to 2015, followed by growth peaking at 34.561 million Euros in 2023. Year-on-year, there were notable increases in 2019 and 2022, at 8.72% and 13.21%, respectively. However, the market also experienced downtrends in 2020 and 2021. Over the past five years, the compound annual growth rate stood at 1.7%, indicating steady, albeit modest, growth.
Future trends to watch include:
- Shifts towards healthier, organic options could impact demand.
- Climate change affecting orange production could cause market volatility.
- Technological advancements in production and supply chain efficiency may influence market dynamics.
- Potential changes in consumer behavior post-pandemic could reshape market strategies.
How does Portugal rank in Orange Juice Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,464,400,000 | 2023 | +0.13% | -0.7% | View data |
| 2 | 2 United Kingdom | 1,190,300,000 | 2023 | +1.77% | +0.45% | View data |
| 3 | 3 Germany | 1,123,900,000 | 2023 | -0.1% | -2.46% | View data |
| 4 | 4 Spain | 437,800,000 | 2023 | +0.79% | +0.66% | View data |
| 5 | 5 Poland | 306,570,000 | 2023 | +4.01% | +2.09% | View data |
| 10 | 10 Greece | 73,914,000 | 2023 | -0.44% | +1.78% | View data |
| 11 | 11 Austria | 73,539,000 | 2023 | +0.56% | +0.92% | View data |
| 12 | 12 Portugal | 34,561,000 | 2023 | +2.05% | +1.7% | |
| 13 | 13 Slovakia | 19,016,000 | 2023 | +5.18% | +5.95% | View data |
| 14 | 14 Croatia | 14,426,000 | 2023 | -0.61% | -1.11% | View data |
