Spain - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Spain - 2023
Contents:
- Canned Vegetable Price in Spain (FOB) - 2023
- Canned Vegetable Price in Spain (CIF) - 2023
- Canned Vegetable Exports in Spain
- Canned Vegetable Imports in Spain
Canned Vegetable Price in Spain (FOB) - 2023
In August 2023, the average canned vegetable export price amounted to $2,146 per ton, waning by -1.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices attained the maximum at $2,183 per ton in July 2023, and then fell slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,669 per ton), while the average price for exports to Belgium ($1,508 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Price in Spain (CIF) - 2023
In August 2023, the average canned vegetable import price amounted to $2,250 per ton, remaining constant against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 14% month-to-month. As a result, import price attained the peak level of $2,362 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($3,421 per ton), while the price for Egypt ($795 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Exports in Spain
In 2022, approx. 863K tons of canned vegetables were exported from Spain; picking up by 3.1% on the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 4.5%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, canned vegetable exports rose significantly to $1.4B in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Canned Vegetable in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 165 | 184 | 211 | 216 | 9.4% |
United States | 199 | 197 | 203 | 209 | 1.6% |
United Kingdom | 98.0 | 87.1 | 116 | 124 | 8.2% |
Italy | 101 | 98.2 | 112 | 116 | 4.7% |
Germany | 72.8 | 72.0 | 82.7 | 89.4 | 7.1% |
Russia | 72.5 | 61.4 | 68.0 | 64.1 | -4.0% |
Portugal | 42.5 | 42.0 | 53.3 | 59.9 | 12.1% |
Saudi Arabia | 43.6 | 48.7 | 43.1 | 52.9 | 6.7% |
Netherlands | 25.7 | 26.8 | 33.3 | 35.4 | 11.3% |
Canada | 32.9 | 33.3 | 33.3 | 34.2 | 1.3% |
Poland | 22.1 | 23.0 | 27.6 | 30.3 | 11.1% |
Belgium | 10.9 | 13.8 | 16.2 | 17.6 | 17.3% |
Brazil | 10.5 | 8.8 | 9.7 | 12.8 | 6.8% |
Others | 257 | 265 | 316 | 336 | 9.3% |
Total | 1,154 | 1,161 | 1,325 | 1,398 | 6.6% |
Top Export Markets for Canned Vegetable from Spain in 2022:
- France (158.3K tons)
- United States (95.0K tons)
- United Kingdom (81.3K tons)
- Italy (72.3K tons)
- Germany (60.6K tons)
- Portugal (43.1K tons)
- Russia (37.0K tons)
- Saudi Arabia (34.8K tons)
- Netherlands (25.1K tons)
- Poland (21.6K tons)
- Canada (20.1K tons)
- Belgium (13.8K tons)
- Brazil (13.1K tons)
Canned Vegetable Imports in Spain
For the third consecutive year, Spain recorded decline in overseas purchases of canned vegetables, which decreased by -0.2% to 194K tons in 2022. Overall, imports showed a pronounced reduction.
In value terms, canned vegetable imports rose modestly to $406M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 3.1%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Canned Vegetable in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 109 | 110 | 119 | 125 | 4.7% |
China | 52.6 | 59.0 | 65.0 | 74.7 | 12.4% |
France | 85.7 | 82.3 | 71.1 | 67.9 | -7.5% |
Portugal | 48.6 | 50.5 | 62.9 | 58.1 | 6.1% |
Italy | 18.9 | 11.9 | 14.4 | 19.2 | 0.5% |
Netherlands | 8.8 | 8.1 | 13.3 | 12.4 | 12.1% |
Germany | 9.4 | 9.5 | 8.9 | 10.8 | 4.7% |
Egypt | 8.9 | 15.3 | 8.5 | 3.5 | -26.7% |
Others | 39.6 | 39.6 | 34.6 | 35.0 | -4.0% |
Total | 381 | 386 | 398 | 406 | 2.1% |
Top Suppliers of Canned Vegetable to Spain in 2022:
- France (52.1K tons)
- Peru (47.7K tons)
- Portugal (29.4K tons)
- China (23.0K tons)
- Italy (13.7K tons)
- Germany (5.3K tons)
- Netherlands (4.5K tons)
- Egypt (3.0K tons)
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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In May 2023, the price of Canned Vegetable reached $2,082 per ton (FOB, Spain), which was similar to the previous month.
In July 2022, the growth rate of preserved asparagus imports reached an impressive 45% compared to the previous month. The value of these imports skyrocketed to $7.4M in June 2023.
Potato Chips saw a 5.4% increase in price, reaching $4,516 per ton (FOB, Spain) in April 2023.
In August 2022, the preserved olive price stood at $1,925 per ton (FOB, Spain), increasing by 3.8% against the previous month.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
In May 2023, the price of Canned Vegetable reached $2,082 per ton (FOB, Spain), which was similar to the previous month.
In July 2022, the growth rate of preserved asparagus imports reached an impressive 45% compared to the previous month. The value of these imports skyrocketed to $7.4M in June 2023.
Potato Chips saw a 5.4% increase in price, reaching $4,516 per ton (FOB, Spain) in April 2023.