The per capita consumption of processed tuna, skipjack, and Atlantic bonito in Portugal experienced steady growth over the last decade, rising from 1.98 kg in 2013 to 2.52 kg in 2023. The market improved notably from a dip in 2015 and saw consistent growth from 2016 onwards. Year-on-year growth rates increased progressively, particularly in the past two years. Between 2018 and 2023, the compound annual growth rate (CAGR) demonstrated a positive trend, reflecting a regular rise in market volume.
Future trends to watch for include potential shifts in consumer preferences due to increased awareness of sustainability, as well as economic factors that could influence purchasing power and consumption patterns in Portugal. Monitoring global supply chain dynamics and regulatory changes affecting the tuna industry will also be crucial.
