Portugal flag Portugal: Compra i venda

La xarxa de distribució a Portugal

Evolution of the sector

The Portuguese population is concentrated along the coast. The major distribution centres are Lisbon in the south and Porto in the north, although the regional centres of Braga (north of Porto) and Setubal (south of Lisbon) have come into their own in recent years. The Lisbon area has the highest purchasing power in the country and suffers.
Following austerity measures, the retail sector declined from 2011-2014. However, it has since bounced back with the more recent economic improvement, combined with a decline in unemployment and stabilisation of household incomes which contributed to better retail sales. The retail sector continued to consolidate its position and importance in the country in recent years.  According to figures from the Portuguese Association of Distribution Companies (APED), food retail sales increased 2.8% in volume in 2018 compared to the previous year, reaching EUR 14 billion. Supermarkets remained the largest channel within grocery retailing in the country in terms of value in 2019. Given the increasing trend for local consumers to make more frequent trips to grocery retailers (although with a lower overall spend), major chains have been adapting by opening smaller stores nearer to local neighbourhoods and enhancing customers in-store experience (for example introducing leisure areas). At the same time, the weight of promotions in food retailing continued to increase, making Portuguese consumers those who show greater appetite for promotional campaigns in Europe.

The competitive environment is quite concentrated in the grocery store-based retailing, with Continente accounting for the largest share, followed closely by Pingo Doce. The market share of the five major distribution groups in Portugal has considerably increased in the last decade, accounting for around 70% in 2018 (USDA, latest data available). However, in 2019 the Spanish retailer Mercadona opened its first store in Portugal, and it could impact retail dynamics in the Portuguese market.

Changing consumer habits, demographic factors and the development of e-commerce and new technologies are leading the sector to conceive new commercial formats, where consumers increasingly appreciate proximity and value-added services. Consumers are buying more online and retailers are increasingly investing in this channel, especially following the outbreak of the COVID-19 pandemic and the restrictions that followed.

Market shares

Portugal's retail sector is among the most concentrated and competitive in Europe. Grocery retailers remain the largest of the retail sector.

According to the latest figures available from the USDA, the Portuguese food retail market is highly concentrated, with a market share divided as follows (2018):

  • Sonae Group (including Continente, Modelo Continente - hypermarkets brand leader) is the country's most popular grocery retailer with a market share of 21.9%
  • Jeronimo Martins in the challenger (Pingo Doce - supermarket leader) has a share of 20.8%
  • Auchan Group (from France) - 9.5%
  • German discount Lidl - 8.8%
  • Intermarché (France) - 8.6%
  • Dia (Span) - 4.1%
  • Leclerc (France) - 2.5%
  • Aldi (Germany) - 1.1%.
Organizations in the retail sector
Portuguese Association of Distribution Companies (APED)
Ministry of Economy

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