In 2023, the prepared or preserved nuts market in Portugal saw a volume of 38.338 million kilograms. Over the previous decade, the market exhibited fluctuations with notable declines in some years. The last two years showed minor yet consistent declines in year-on-year volume, with 2023 experiencing a 0.42% drop. The five-year CAGR indicates an average annual decline of 0.77%, reflecting a market struggling to regain earlier volume peaks.
Future trends to watch for include potential market stabilization through health trends and increased demand for convenient, nutritious snack options. External economic factors and consumer preferences will also likely influence future market trajectories.
How does Portugal rank in Prepared or Preserved Nuts Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 167,880,000 | 2023 | +1.58% | +0.34% | View data |
| 2 | 2 United Kingdom | 50,614,000 | 2023 | +2.47% | +3.87% | View data |
| 3 | 3 Netherlands | 41,830,000 | 2023 | +0.023% | +0.95% | View data |
| 4 | 4 Portugal | 38,338,000 | 2023 | -0.42% | -0.77% | |
| 5 | 5 Bulgaria | 37,966,000 | 2023 | -0.39% | -0.38% | View data |
| 6 | 6 France | 34,357,000 | 2023 | +2.14% | +2.63% | View data |