Spain - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in Spain - 2023
Contents:
- Lactose Price in Spain (CIF) - 2022
- Lactose Price in Spain (FOB) - 2022
- Lactose Imports in Spain
- Lactose Exports in Spain
Lactose Price in Spain (CIF) - 2022
The average lactose import price stood at $1,784 per ton in 2022, increasing by 6.8% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lactose import price increased by +47.4% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 80% against the previous year. The import price peaked at $1,794 per ton in 2019; afterwards, it flattened through to 2022.
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 Germany ($3,540 per ton), while the price for Belgium ($734 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Lactose Price in Spain (FOB) - 2022
The average lactose export price stood at $2,771 per ton in 2022, increasing by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($9,981 per ton), while the average price for exports to Italy ($1,337 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 Malta (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Lactose Imports in Spain
In 2022, the amount of lactose and lactose syrup imported into Spain expanded notably to 18K tons, growing by 11% against the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 80%. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lactose imports surged to $32M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Lactose in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 5.7 | 9.8 | 10.7 | 28.0% |
| France | 4.3 | 4.3 | 5.5 | 7.8 | 22.0% |
| Netherlands | 4.8 | 4.9 | 4.2 | 5.4 | 4.0% |
| Belgium | 0.5 | 0.9 | 1.5 | 2.8 | 77.6% |
| Italy | 1.3 | 1.4 | 1.9 | 1.8 | 11.5% |
| Ireland | 0.2 | 1.3 | 2.0 | 1.8 | 108.0% |
| Poland | 0.3 | 0.3 | 0.2 | 0.6 | 26.0% |
| Lithuania | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Denmark | 0.7 | 0.7 | 0.9 | 0.2 | -34.1% |
| Others | 0.7 | 2.5 | 0.7 | 0.6 | -5.0% |
| Total | 18.4 | 22.4 | 27.3 | 32.3 | 20.6% |
Top Suppliers of Lactose to Spain in 2022:
- France (5.8K tons)
- Belgium (3.9K tons)
- Germany (3.0K tons)
- Netherlands (2.0K tons)
- Italy (1.2K tons)
- Ireland (0.6K tons)
- Poland (0.5K tons)
- Lithuania (0.4K tons)
- Denmark (0.1K tons)
Lactose Exports in Spain
After three years of growth, overseas shipments of lactose and lactose syrup decreased by -29.5% to 869 tons in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year.
In value terms, lactose exports contracted modestly to $2.4M in 2022. The total export value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year.
| Export of Lactose in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 1.7 | 2.0 | 43.0 | 457 | 545.4% |
| Portugal | 73.8 | 202 | 325 | 394 | 74.8% |
| Algeria | 196 | 639 | 966 | 329 | 18.8% |
| Italy | 38.7 | 42.2 | 72.5 | 326 | 103.5% |
| Tunisia | 56.9 | 286 | 275 | 268 | 67.6% |
| France | 1,126 | 74.3 | 157 | 132 | -51.1% |
| Netherlands | 27.3 | 285 | 47.6 | 128 | 67.4% |
| Germany | N/A | 7.2 | N/A | 43.9 | 146.9% |
| Pakistan | N/A | 48.2 | 156 | 0.1 | -95.4% |
| Switzerland | N/A | 84.4 | 3.4 | N/A | -96.0% |
| Others | 152 | 509 | 438 | 327 | 29.1% |
| Total | 1,673 | 2,180 | 2,484 | 2,407 | 12.9% |
Top Export Markets for Lactose from Spain in 2022:
- Italy (244.0 tons)
- Algeria (178.1 tons)
- Portugal (106.2 tons)
- Netherlands (80.3 tons)
- France (52.2 tons)
- Malta (45.8 tons)
- Tunisia (31.3 tons)
- Germany (24.6 tons)
- Pakistan (0.1 tons)
This report provides an in-depth analysis of the lactose 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:
- Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)
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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