Spain - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFonio Price in Spain - 2022
Contents:
- Fonio Price in Spain (CIF) - 2022
- Fonio Price in Spain (FOB) - 2022
- Fonio Imports in Spain
- Fonio Exports in Spain
Fonio Price in Spain (CIF) - 2022
The average fonio import price stood at $3,294 per ton in 2022, picking up by 8.2% against the previous year. Over the period under review, the import price saw a noticeable increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $3,809 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Senegal.
From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +6.5% per year.
Fonio Price in Spain (FOB) - 2022
The average fonio export price stood at $2,572 per ton in 2022, stabilizing at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 5.5%. Over the period under review, the average export prices hit record highs at $2,988 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,681 per ton), while the average price for exports to Portugal ($2,498 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 the UK (+3.9%), while the prices for the other major destinations experienced a decline.
Fonio Imports in Spain
Fonio imports into Spain declined rapidly to 2.6 tons in 2022, which is down by -72.1% against 2021. Over the period under review, imports faced a dramatic curtailment.
In value terms, fonio imports contracted significantly to $8.5K in 2022. In general, imports faced a dramatic descent.
| Import of Fonio in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Senegal | N/A | 8.5 | 0% | ||
| Burkina Faso | 19.8 | N/A | 0% | ||
| Netherlands | 8.4 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 28.1 | 8.5 | -69.8% | ||
Top Suppliers of Fonio to Spain in 2022:
- Senegal (2.6 tons)
Fonio Exports in Spain
In 2022, shipments abroad of fonio decreased by -74.4% to 1.5 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 77%. As a result, the exports attained the peak of 8.6 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, fonio exports declined dramatically to $3.9K in 2022. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 79%. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Fonio in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 6.9 | 7.1 | 9.8 | 2.1 | -32.7% |
| France | 4.7 | 13.4 | 5.3 | 1.5 | -31.7% |
| Italy | 0.3 | 0.5 | 0.2 | 0.3 | 0.0% |
| Belgium | 0.5 | 0.7 | N/A | N/A | 40.0% |
| Others | 0.1 | 0.7 | N/A | N/A | 600.0% |
| Total | 12.5 | 22.4 | 15.2 | 3.9 | -32.2% |
Top Export Markets for Fonio from Spain in 2022:
- Portugal (832.0 kg)
- France (549.0 kg)
- Italy (126.0 kg)
This report provides an in-depth analysis of the fonio 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 94 - Fonio
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
- 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
538
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