businesses in 2024
1 269Diversify Algarve · value chain 01
Carob and Almond.
The economic and business profile of a value chain that combines agricultural production, processing, and the valorisation of local resources.
turnover
41,5 M€gross value added
8,5 M€people employed
1 353Methodology. Entrepreneurship, outlook, and innovation results are based on 11 valid survey responses. They should be interpreted as exploratory indicators rather than estimates for the entire sector.
Context
A fileira tem forte ligação histórica ao barrocal e à serra algarvios e está adaptada à s condições mediterrânicas e à escassez hÃdrica. A análise abrange a produção agrÃcola de frutos de casca rija (CAE 01251) e a preparação e conservação desses frutos (CAE 10394), distinguindo a produção da transformação, onde existe maior formalização e capacidade de criação de valor. As explorações são maioritariamente de pequena e média dimensão e apresentam forte dispersão territorial; a produtividade da transformação é cerca de 51 vezes superior à da produção.
Economic profile
The main indicators for the value chain.
Economic indicators and changes reported in the value chain’s standalone study.
Economic indicators
Businesses
1,269 businesses +10% since 2019Turnover
41.5 €M +20% since 2019Output
32.3 €M +44% since 2019GVA
8.5 €M +123% since 2019People employed
1,353 people +11% since 2019Net income
6.1 €M +16% since 2019Investment / GFCF
2.5 €M −50% since 2019Exports
2.18 €M −40% since 2019Productivity by segment
€ / employee- Processing81,101 € / employee
- Output1,604 € / employee
Exports by product
€M- Carob2.05 €M
- Almond0.13 €M
Empresas por concelho
businesses- Loulé471 businesses
- Tavira178 businesses
- Olhão142 businesses
- Albufeira136 businesses
- Faro108 businesses
- São Brás de Alportel104 businesses
- Silves82 businesses
- Castro Marim17 businesses
- V. R. Santo António13 businesses
- Alcoutim6 businesses
Dinâmica empresarial
%Natalidade — produção
17.9 % +13,8 p.p.; transformação: 11,2%Mortalidade — produção
20.1 % +9,3 p.p.; transformação: 14,3%Sobrevivência a 2 anos — produção
18.3 % −0,4 p.p.; transformação: 25,4%Entrepreneurship
Entrepreneur profile.
Sample of 11 valid responses to the Algarve Empreende 2026 survey.
Profile indicators
%Algarve entrepreneurs
91 %Higher education or above
72 %60 years or over
36 %Family tradition in the activity
55 %Education level
%- Higher education45 %
- Postgraduate / master’s / doctorate27 %
- Basic education18 %
- Secondary education9 %
Age
%- 30–39 years27 %
- 40–49 years27 %
- 50–59 years9 %
- 60 years or over36 %
Fontes de financiamento no arranque
%- Fundos próprios58 %
- Crédito bancário21 %
- Apoios públicos / fundos UE16 %
- Fundos familiares5 %
Respostas múltiplas.
Growth and innovation
Expectations, needs, and trends.
Results from the Algarve Empreende 2026 survey. Multiple-choice questions do not represent a 100% distribution.
Growth and innovation
%Expect to grow over the next 3 years
73 %Business expanding
45 %With a succession plan
36 %Encerram mais do que criam
55 %Introduced innovation in the last 5 years
73 %Collaborated with the R&I system
88 %Very high interest in applied R&D
55 %Universidades: parceiro I&I
27 %Reasons for starting the business
%- Personal interest / vocation39 %
- Family continuity33 %
- Market opportunity17 %
- Return to the land6 %
- Public support6 %
Start-up challenges
%- Bureaucracy / licensing26 %
- Funding15 %
- Technical information15 %
- Certifications15 %
- Market access11 %
- Production costs11 %
Identified trends
%- Environmental sustainability29 %
- Promotion of local products21 %
- Certification / quality14 %
- Tourism linked to the value chain14 %
- Circular economy7 %
Sources and resources
Sources, methodology and downloads.
Value-chain PDF report: Download unavailable: no validated external PDF has been identified for this value chain.
Related link: Back to Diversify Algarve