The amount of malt extract shipped by Portugal in 2020 was 7,460 metric tonnes. In 2019 Portugal exported 6,206 tonnes of malt extract. For the year 2019 alone, the demand for Portugal malt extract (processed category) has gone up, flactuating by 75.758 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports went up by 106.39 pc bringing the exporter US$19.66m for the year 2019. Portugal's malt extract exports are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Portugal extrato de malte export values
In 2019, Portugal exported malt extract costing 19.66m USD, an increment of 95.19% from 2018's total malt extract export of 10.072m USD. The annual growth in value of Portugal malt extract between 2017 to 2018 was 44.505%.
The annual change in the amount of Portugal's malt extract exports between 2017 and 2019 was 106.39 pc in comparison to a variation of 75.758% in the period between 2018 and 2019.
Portugal's share of the world's total malt extract's exports in 2019 was less than 1%. Portugal holds number 70 in world exports of malt extract.
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Export markets for Portugal extrato de malte ( in '000$ )
Portugal's leading export markets for malt extract are Italy, Germany, Spain, Cape Verde and Angola.
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Import/Export Trends
Portugal is a net importer of malt extract. The annual growth of Portugal malt extract in value between 2015 to 2019 was -36%, per year, while annual growth in quantity through the same period was -34%, per annum.
Portugal brought in 14,114 tonnes of malt extract in 2019.
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