Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (FOB) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (CIF) - 2023
  3. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain
  4. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $8,288 per ton, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2017 an increase of 32%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($28,706 per ton), while the average price for exports to Cuba ($1,574 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 United States (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (CIF) - 2023

In November 2023, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $16,133 per ton, picking up by 23% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 537% m-o-m. The import price peaked at $25,846 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($30,142 per ton), while the price for Italy ($780 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain

In 2022, shipments abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -15.3% to 1.3K tons, falling for the second year in a row after two years of growth. Overall, exports showed a deep setback. The growth pace was the most rapid in 2020 when exports increased by 7.4%. As a result, the exports attained the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds contracted to $11M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 36%. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,4283,1902,9952,6673.2%
United States45.64.27652,043255.2%
Portugal6616291,3301,07617.6%
Germany2,5962,1992,632889-30.0%
Italy5006364275935.9%
Denmark5.116.8115469351.4%
Slovakia4494.9307425-1.8%
Netherlands37.534.335.3345109.5%
Slovenia188N/A20926612.3%
Morocco13856431326424.1%
Maldives1802121722003.6%
PhilippinesN/A1261041488.4%
Cuba14.510.655.059.860.4%
Others1,7774,6001,9031,272-10.5%
Total9,02012,22811,36210,7175.9%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Spain in 2022:

  1. Germany (150.7 tons)
  2. Portugal (140.4 tons)
  3. United States (135.4 tons)
  4. Denmark (106.5 tons)
  5. France (92.9 tons)
  6. Maldives (74.1 tons)
  7. Philippines (71.5 tons)
  8. Slovakia (62.7 tons)
  9. Netherlands (62.4 tons)
  10. Slovenia (44.5 tons)
  11. Morocco (41.8 tons)
  12. Italy (40.4 tons)
  13. Cuba (38.0 tons)

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain

In 2022, purchases abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -53.4% to 413 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 93% against the previous year. As a result, imports attained the peak of 946 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds contracted dramatically to $8.6M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.66.65.86.311.1%
Hungary1.11.82.81.817.8%
ItalyN/AN/AN/A0.30%
France1.01.01.10.1-53.6%
Others0.30.40.30.2-12.6%
Total7.19.810.28.66.6%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Spain in 2022:

  1. China (215.7 tons)
  2. Hungary (155.5 tons)
  3. France (30.9 tons)
  4. Italy (7.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Spain