Spain - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Anchovies Price in Spain - 2023
Contents:
- Preserved Anchovies Price in Spain (CIF) - 2023
- Preserved Anchovies Price in Spain (FOB) - 2023
- Preserved Anchovies Imports in Spain
- Preserved Anchovies Exports in Spain
Preserved Anchovies Price in Spain (CIF) - 2023
In June 2023, the average preserved anchovies import price amounted to $11,043 per ton, which is down by -3.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in December 2022 an increase of 17% month-to-month. Over the period under review, average import prices attained the peak figure at $11,496 per ton in May 2023, and then dropped slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Croatia ($36,052 per ton), while the price for Peru ($10,412 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Croatia (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Anchovies Price in Spain (FOB) - 2023
The average preserved anchovies export price stood at $18,952 per ton in June 2023, increasing by 18% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in November 2022 an increase of 25% month-to-month. The export price peaked at $19,292 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the UK ($25,650 per ton), while the average price for exports to Germany ($10,144 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Anchovies Imports in Spain
In 2022, imports of anchovies (prepared or preserved) into Spain reduced to 8.7K tons, dropping by -8.7% compared with the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 9.5K tons, and then contracted in the following year.
In value terms, preserved anchovies imports dropped slightly to $87M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of $89M, and then reduced modestly in the following year.
| Import of Preserved Anchovies in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 65.6 | 58.9 | 63.6 | 64.5 | -0.6% |
| Peru | 11.9 | 10.6 | 13.5 | 12.3 | 1.1% |
| Croatia | N/A | 3.1 | 7.5 | 4.8 | 24.4% |
| Romania | 1.2 | 0.8 | 1.5 | 1.8 | 14.5% |
| Albania | 1.7 | 2.0 | 0.6 | 1.4 | -6.3% |
| Others | 3.0 | 3.3 | 2.5 | 1.8 | -15.7% |
| Total | 83.6 | 78.7 | 89.1 | 86.5 | 1.1% |
Top Suppliers of Preserved Anchovies to Spain in 2022:
- Morocco (6.2K tons)
- Peru (1.2K tons)
- Croatia (0.9K tons)
- Romania (0.2K tons)
- Albania (0.1K tons)
Preserved Anchovies Exports in Spain
In 2022, preserved anchovies exports from Spain dropped to 3.4K tons, declining by -8.8% compared with 2021. Over the period under review, exports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports reached the peak of 3.7K tons, and then dropped in the following year.
In value terms, preserved anchovies exports reached $60M in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.2%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Preserved Anchovies in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.3 | 11.7 | 15.7 | 14.6 | 12.3% |
| United Kingdom | 8.3 | 10.7 | 8.2 | 7.8 | -2.0% |
| Switzerland | 4.0 | 5.8 | 5.4 | 5.0 | 7.7% |
| France | 4.2 | 4.2 | 3.9 | 4.5 | 2.3% |
| Netherlands | 3.0 | 5.4 | 5.1 | 4.2 | 11.9% |
| United States | 2.8 | 2.5 | 3.6 | 3.9 | 11.7% |
| Australia | 2.4 | 2.6 | 2.7 | 3.2 | 10.1% |
| Germany | 3.0 | 1.0 | 1.1 | 2.3 | -8.5% |
| Belgium | 1.2 | 1.5 | 1.9 | 1.8 | 14.5% |
| Mexico | 0.8 | 0.4 | 0.9 | 1.3 | 17.6% |
| Portugal | 0.6 | 0.6 | 0.9 | 1.0 | 18.6% |
| Poland | 0.6 | 0.5 | 0.5 | 0.7 | 5.3% |
| Morocco | 0.6 | N/A | N/A | 0.2 | -30.7% |
| Others | 8.5 | 7.3 | 9.3 | 9.1 | 2.3% |
| Total | 50.6 | 54.3 | 59.3 | 59.9 | 5.8% |
Top Export Markets for Preserved Anchovies from Spain in 2022:
- Italy (803.0 tons)
- United Kingdom (391.4 tons)
- France (283.8 tons)
- Switzerland (239.7 tons)
- Netherlands (229.6 tons)
- United States (217.9 tons)
- Australia (179.0 tons)
- Germany (122.1 tons)
- Belgium (106.9 tons)
- Portugal (83.7 tons)
- Morocco (73.2 tons)
- Poland (64.0 tons)
- Mexico (50.8 tons)
This report provides an in-depth analysis of the preserved anchovies 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 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
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 2018, the exports of anchovies (prepared or preserved) from Spain totaled 3.6K tons, growing by 21% against the previous year. The UK (597 tons), Italy (471 tons) and France (404 tons) were the main destinations of anchovies exports from Spa
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In October 2022, the preserved sardines price amounted to $5,332 per ton (CIF, Spain), waning by -2.9% against the previous month.
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In 2018, the exports of anchovies (prepared or preserved) from Spain totaled 3.6K tons, growing by 21% against the previous year. The UK (597 tons), Italy (471 tons) and France (404 tons) were the main destinations of anchovies exports from Spa
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In February 2023, the preserved mackerel price amounted to $5,212 per ton (CIF, Spain), growing by 2.3% against the previous month.
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