Spain - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Spain - 2023
Contents:
- Almond Price in Spain (CIF) - 2023
- Almond Price in Spain (FOB) - 2022
- Almond Imports in Spain
- Almond Exports in Spain
Almond Price in Spain (CIF) - 2023
In August 2023, the average almond import price amounted to $2,458 per ton, with an increase of 88% against the previous month. Over the period under review, the import price posted noticeable growth. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 178% against the previous month. As a result, import price reached the peak level of $4,388 per ton. From April 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,518 per ton), while the price for Portugal stood at $989 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.8%).
Almond Price in Spain (FOB) - 2022
In 2022, the average almond export price amounted to $4,009 per ton, dropping by -24.1% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $5,673 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6,336 per ton), while the average price for exports to Portugal ($1,109 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Almond Imports in Spain
In 2022, after three years of growth, there was significant decline in supplies from abroad of almonds, when their volume decreased by -7% to 29K tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 147%. As a result, imports attained the peak of 31K tons, and then declined in the following year.
In value terms, almond imports fell notably to $49M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. As a result, imports reached the peak of $67M, and then declined significantly in the following year.
| Import of Almond in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 21.2 | 14.7 | 35.0 | 36.4 | 19.7% |
| Belgium | N/A | 4.1 | 17.1 | 5.6 | 16.9% |
| United States | 5.4 | 4.1 | 3.2 | 2.6 | -21.6% |
| Italy | N/A | 3.5 | 7.5 | 2.2 | -20.7% |
| Others | 0.9 | 1.2 | 4.7 | 1.7 | 23.6% |
| Total | 27.5 | 27.5 | 67.5 | 48.6 | 20.9% |
Top Suppliers of Almond to Spain in 2022:
- Portugal (26.2K tons)
- Belgium (1.2K tons)
- United States (0.6K tons)
- Italy (0.6K tons)
Almond Exports in Spain
In 2022, shipments abroad of almonds decreased by -29.8% to 8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of 11K tons, and then shrank remarkably in the following year.
In value terms, almond exports shrank rapidly to $32M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. As a result, the exports reached the peak of $60M, and then declined remarkably in the following year.
| Export of Almond in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.5 | 8.9 | 13.5 | 13.2 | 33.9% |
| France | 6.2 | 13.9 | 23.7 | 8.0 | 8.9% |
| Belgium | 0.3 | 3.4 | 12.2 | 5.1 | 157.1% |
| Portugal | 1.1 | 0.2 | 1.5 | 2.3 | 27.9% |
| Germany | 2.4 | 2.8 | 5.1 | 1.8 | -9.1% |
| Others | 1.2 | 1.9 | 4.0 | 1.7 | 12.3% |
| Total | 16.7 | 31.0 | 60.1 | 32.0 | 24.2% |
Top Export Markets for Almond from Spain in 2022:
- Italy (3.2K tons)
- Portugal (2.0K tons)
- France (1.3K tons)
- Belgium (0.8K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the almond 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 221 - Almonds
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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