
Spain - Cauliflower And Broccoli - Market Analysis, Forecast, Size, Trends and Insights
Spain's Cauliflower and Broccoli Price Hits New Record of $1,989 per Ton
Spain Cauliflower and Broccoli Export Price in September 2022
In September 2022, the cauliflower and broccoli price amounted to $1,989 per ton (FOB, Spain), with an increase of 14% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +4.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Norway ($5,643 per ton), while the average price for exports to Belgium ($956 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Spain Cauliflower and Broccoli Exports
In September 2022, overseas shipments of cauliflower and broccoli were finally on the rise to reach 2.5K tons for the first time since February 2022, thus ending a six-month declining trend. In general, exports, however, recorded a dramatic contraction. The exports peaked at 65K tons in February 2022; however, from March 2022 to September 2022, the exports stood at a somewhat lower figure.
In value terms, cauliflower and broccoli exports skyrocketed to $4.9M (IndexBox estimates) in September 2022. Over the period under review, exports, however, continue to indicate a significant decrease. Over the period under review, the exports attained the maximum at 89K tons in February 2022; however, from March 2022 to September 2022, the exports failed to regain momentum.
Spain Cauliflower and Broccoli Exports by Country
Portugal (683 tons), Germany (585 tons) and France (411 tons) were the main destinations of cauliflower and broccoli exports from Spain, together accounting for 69% of total exports. These countries were followed by Italy, the United Arab Emirates, the Netherlands, Poland, the UK, Belgium, Norway and Denmark, which together accounted for a further 23%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of -9.8%), while the other leaders experienced a decline.
In value terms, the largest markets for cauliflower and broccoli exported from Spain were Portugal ($1.3M), Germany ($1M) and France ($893K), with a combined 66% share of total exports.
In terms of the main countries of destination, Portugal, with a CAGR of -3.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Factors Affecting Cauliflower and Broccoli Prices
Cauliflower and broccoli are among of the most popular vegetables in Spain. In general, the cost of cauliflower and broccoli in Spain is relatively affordable compared to other countries. This is due in part to the fact that Spain is a major producer of these vegetables. However, prices can fluctuate depending on the time of year and market conditions.
There are several factors that contribute to the prices of these vegetables in Spain. One of the most important factors is the time of year. For example, cauliflower is typically cheaper in the winter months than in the summer months. This is due to the fact that cauliflower is a winter crop in Spain.
Another factor that contributes to the price of cauliflower and broccoli in Spain is transport costs as cauliflower and broccoli must be shipped from farms to supermarkets or other retail outlets.
Finally, another factor that affects the price of cauliflower and broccoli in Spain is demand. These vegetables are popular items on restaurant menus, so when demand is high, prices tend to increase.
This report provides an in-depth analysis of the cauliflower and broccoli market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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