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Spain - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Mar 6, 2023
Spain's Spinach Price Averages $2,190 per Ton After Two Consecutive Months of Growth
Spain Spinach Export Price in November 2022
In November 2022, the spinach price stood at $2,190 per ton, therefore (FOB, Spain), remained relatively stable against the previous month. Overall, the export price saw mild growth. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 114% against the previous month. The export price peaked at $2,521 per ton in July 2022; however, from August 2022 to November 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($2,780 per ton), while the average price for exports to Portugal ($1,506 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Spain Spinach Exports
Spinach exports from Spain soared to 3.9K tons in November 2022, with an increase of 202% on the previous month. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in September 2022 with an increase of 202% month-to-month. Over the period under review, the exports attained the peak figure at 6.9K tons in January 2022; however, from February 2022 to November 2022, the exports remained at a lower figure.
In value terms, spinach exports soared to $8.6M (IndexBox estimates) in November 2022. Over the period under review, exports, however, recorded a noticeable reduction. Over the period under review, the exports reached the peak figure at 14K tons in January 2022; however, from February 2022 to November 2022, the exports stood at a somewhat lower figure.
Spain Spinach Exports by Country
the UK (2.3K tons) was the main destination for spinach exports from Spain, with a 60% share of total exports. Moreover, spinach exports to the UK exceeded the volume sent to the second major destination, the Netherlands (457 tons), fivefold. France (251 tons) ranked third in terms of total exports with a 6.4% share.
From January 2022 to November 2022, the average monthly growth rate of volume to the UK stood at -3.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (-11.2% per month) and France (-5.1% per month).
In value terms, the UK ($5.4M) remains the key foreign market for spinach exports from Spain, comprising 63% of total exports. The second position in the ranking was taken by the Netherlands ($952K), with an 11% share of total exports. It was followed by France, with a 5.7% share.
From January 2022 to November 2022, the average monthly growth rate of value to the UK totaled -2.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (-10.4% per month) and France (-4.6% per month).
Spinach Market Overview
The demand for spinach has increased in recent years, due both to population growth and to changes in dietary habits. More people are now aware of the health benefits of eating spinach, and they are willing to pay more for it. Additionally, many restaurants have started offering spinach dishes on their menus, which has also contributed to the higher demand.
As of late, the cost of spinach in Mexico has been on the rise. This is due in part to increased demand from both local and international markets. At the same time, supply has remained relatively static. As a result, prices have been climbing steadily.
While the higher prices may be a challenge for some consumers, overall the increased demand and higher prices are good news for producers of spinach in Mexico. They indicate that there is strong demand for their product and that consumers are willing to pay more for it. This can help improve profitability and ensure that farmers can continue to produce this healthy vegetable.
This report provides an in-depth analysis of the spinach 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.
Product coverage:
• FCL 373 - Spinach
Country coverage:
• Spain
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Area Harvested, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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