Spain - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Spain - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights

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Dairy Produce Price in Spain - 2023

Contents:

  1. Dairy Produce Price in Spain (CIF) - 2022
  2. Dairy Produce Price in Spain (FOB) - 2022
  3. Dairy Produce Imports in Spain
  4. Dairy Produce Exports in Spain

Dairy Produce Price in Spain (CIF) - 2022

The average dairy produce import price stood at $3,212 per ton in 2022, increasing by 12% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy produce import price increased by +72.6% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,156 per ton), while the price for Portugal ($1,153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Dairy Produce Price in Spain (FOB) - 2022

The average dairy produce export price stood at $2,914 per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,036 per ton), while the average price for exports to Libya ($880 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 Portugal (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports in Spain

In 2022, imports of dairy produce into Spain soared to 820K tons, jumping by 16% against the previous year. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dairy produce imports skyrocketed to $2.6B in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dairy Produce in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4914454675584.4%
Netherlands32133840554519.3%
Germany3973573675179.2%
Italy18517622027213.7%
Belgium10210813317018.6%
Denmark11411911915811.5%
Portugal90.797.012613514.2%
Others2262041942817.5%
Total1,9271,8452,0312,63611.0%

Top Suppliers of Dairy Produce to Spain in 2022:

  1. France (231.5K tons)
  2. Germany (146.3K tons)
  3. Netherlands (123.5K tons)
  4. Portugal (116.9K tons)
  5. Italy (44.1K tons)
  6. Belgium (38.9K tons)
  7. Denmark (34.0K tons)

Dairy Produce Exports in Spain

After three years of growth, shipments abroad of dairy produce decreased by -4.7% to 561K tons in 2022. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 13%.

In value terms, dairy produce exports expanded remarkably to $1.6B in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Export of Dairy Produce in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France25428531134110.3%
Portugal2482412783259.4%
Italy1591701892089.4%
United States96.894.410094.9-0.7%
United Kingdom56.059.866.370.47.9%
Netherlands44.235.445.569.016.0%
China61.766.585.860.0-0.9%
Germany50.363.675.457.64.6%
Dominican Republic11.116.816.019.320.2%
Libya8.611.513.87.8-3.2%
Others27529635238111.5%
Total1,2651,3401,5321,6369.0%

Top Export Markets for Dairy Produce from Spain in 2022:

  1. Portugal (168.1K tons)
  2. France (96.9K tons)
  3. Italy (66.8K tons)
  4. Netherlands (21.4K tons)
  5. China (19.7K tons)
  6. United Kingdom (18.7K tons)
  7. Germany (16.5K tons)
  8. Dominican Republic (13.7K tons)
  9. Libya (8.9K tons)
  10. United States (8.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dairy produce 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 888 - Skim Milk of Cows
  • FCL 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo milk
  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk
  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed
  • FCL 891 - Yoghurt
  • FCL 983 - Butter and Ghee of Sheep Milk
  • FCL 1022 - Butter of Goat Milk
  • FCL 952 - Butter of Buffalo Milk
  • FCL 886 - Butter of Cow Milk
  • FCL 887 - Ghee from Cow Milk
  • FCL 953 - Ghee, from Buffalo Milk
  • FCL 901 - Cheese from Whole Cow Milk
  • FCL 904 - Cheese from Skimmed Cow Milk
  • FCL 905 - Whey Cheese
  • FCL 907 - Processed Cheese
  • FCL 955 - Cheese of Buffalo Milk
  • FCL 984 - Cheese of Sheep Milk
  • FCL 1021 - Cheese of Goat Milk
  • FCL 885 - Cream, Fresh
  • FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
  • FCL 899 - Dry Buttermilk
  • FCL 892 - Yoghurt, Concentrated or Unconcent

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Dairy Produce - Spain