Price for Homogenised Composite Food Preparations in Spain - 2023

Price for Homogenised Composite Food Preparations in Spain (FOB) - 2023

In February 2023, the average homogenised composite food preparations export price amounted to $3,948 per ton, with a decrease of -8.4% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in January 2023 an increase of 18% month-to-month. As a result, the export price attained the peak level of $4,310 per ton, and then dropped in the following month.

There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was Norway ($4,925 per ton), while the average price for exports to France ($2,182 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Price for Homogenised Composite Food Preparations in Spain (CIF) - 2022

The average homogenised composite food preparations import price stood at $1,927 per ton in 2022, dropping by -14.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs at $4,231 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,837 per ton), while the price for Portugal ($973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced a decline.

Exports of Homogenised Composite Food Preparations in Spain

Homogenised composite food preparations exports from Spain declined to 12K tons in 2022, dropping by -6.4% on the year before. Over the period under review, exports showed a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 6.5%. The exports peaked at 14K tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, homogenised composite food preparations exports expanded slightly to $41M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. The exports peaked at $41M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Homogenised Composite Food Preparations in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	9.9	9.9	10.8	11.6	5.4%
Portugal	4.0	4.2	4.9	4.9	7.0%
Netherlands	3.0	2.6	3.1	4.1	11.0%
United Kingdom	3.8	1.5	1.4	3.7	-0.9%
Germany	1.3	0.8	2.1	3.2	35.0%
Italy	3.3	4.1	3.9	2.6	-7.6%
France	3.6	2.2	2.2	1.4	-27.0%
Russia	2.9	2.5	1.3	1.1	-27.6%
Others	9.3	7.3	9.1	7.9	-5.3%
Total	41.3	35.1	38.8	40.5	-0.6%

Top Export Markets for Homogenised Composite Food Preparations from Spain in 2022:

Sweden (3.5K tons)
Portugal (1.9K tons)
Netherlands (1.1K tons)
United Kingdom (0.9K tons)
France (0.8K tons)
Germany (0.8K tons)
Italy (0.6K tons)
Russia (0.4K tons)

Imports of Homogenised Composite Food Preparations in Spain

For the fourth consecutive year, Spain recorded growth in purchases abroad of homogenised composite food preparationses, which increased by 21% to 4.5K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.6% 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 +88.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, homogenised composite food preparations imports amounted to $8.7M in 2022. Overall, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2020 when imports increased by 10%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Homogenised Composite Food Preparations in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4,510	5,159	3,618	4,375	-1.0%
France	1,515	2,003	2,279	841	-17.8%
Belgium	83.3	148	319	684	101.7%
Poland	69.2	1,166	690	501	93.5%
Denmark	277	416	519	474	19.6%
Netherlands	829	249	209	445	-18.7%
Italy	838	254	265	200	-38.0%
Portugal	110	164	42.8	153	11.6%
Romania	182	229	149	92.6	-20.2%
United Kingdom	570	555	40.9	39.8	-58.8%
Others	551	185	226	881	16.9%
Total	9,534	10,528	8,359	8,686	-3.1%

Top Suppliers of Homogenised Composite Food Preparations to Spain in 2022:

Germany (1980.6 tons)
Belgium (681.7 tons)
Poland (379.0 tons)
Denmark (375.0 tons)
France (360.5 tons)
Netherlands (255.2 tons)
Portugal (156.8 tons)
Romania (69.5 tons)
Italy (52.1 tons)
United Kingdom (15.1 tons)