Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (FOB) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (CIF) - 2022
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (FOB) - 2023
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,115 per ton in November 2023, growing by 1.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 21% m-o-m. The export price peaked at $3,129 per ton in May 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the UK ($4,415 per ton), while the average price for exports to Mali ($2,397 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,667 per ton, increasing by 1.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 6.3% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($5,971 per ton), while the price for France ($1,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain
In 2022, after three years of growth, there was decline in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -3.8% to 77K tons. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 13% against the previous year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses shrank modestly to $188M in 2022. The total export value increased at an average annual rate of +5.9% 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 appeared the most rapid in 2020 when exports increased by 16%.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.1 | 21.2 | 21.2 | 20.1 | 3.6% |
| United Kingdom | 11.3 | 17.1 | 14.0 | 14.4 | 8.4% |
| Democratic Republic of the Congo | 6.3 | 8.8 | 11.6 | 12.8 | 26.7% |
| Sweden | 10.3 | 10.6 | 11.5 | 12.1 | 5.5% |
| Portugal | 10.4 | 11.1 | 10.9 | 11.7 | 4.0% |
| Mali | 2.9 | 4.5 | 7.4 | 9.0 | 45.9% |
| Somalia | 8.3 | 7.7 | 9.5 | 9.0 | 2.7% |
| Ghana | 4.9 | 6.1 | 6.4 | 8.7 | 21.1% |
| Burkina Faso | 7.9 | 10.9 | 10.5 | 8.4 | 2.1% |
| Italy | 8.9 | 9.1 | 9.0 | 7.8 | -4.3% |
| Germany | 1.9 | 1.6 | 3.6 | 6.7 | 52.2% |
| Madagascar | 4.7 | 5.3 | 6.5 | 5.4 | 4.7% |
| Belgium | 2.9 | 3.8 | 5.2 | 4.9 | 19.1% |
| Others | 59.4 | 66.2 | 61.2 | 56.9 | -1.4% |
| Total | 158 | 184 | 189 | 188 | 6.0% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Spain in 2022:
- France (8.5K tons)
- Democratic Republic of the Congo (6.2K tons)
- Mali (5.3K tons)
- United Kingdom (4.7K tons)
- Portugal (4.2K tons)
- Burkina Faso (4.0K tons)
- Ghana (3.6K tons)
- Sweden (3.6K tons)
- Germany (3.4K tons)
- Somalia (3.4K tons)
- Italy (3.1K tons)
- Madagascar (2.3K tons)
- Belgium (2.0K tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain
In 2022, purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -0.1% to 18K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 3.3% against the previous year. As a result, imports reached the peak of 24K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses stood at $48M in 2022. In general, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 8.8% against the previous year. As a result, imports reached the peak of $59M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 11.3 | 11.0 | 15.9 | 16.1 | 12.5% |
| Belgium | 5.8 | 7.2 | 6.9 | 8.1 | 11.8% |
| Germany | 7.9 | 10.1 | 6.1 | 7.1 | -3.5% |
| Portugal | 3.6 | 3.0 | 3.1 | 3.2 | -3.9% |
| France | 13.3 | 14.3 | 6.0 | 2.9 | -39.8% |
| Netherlands | 2.1 | 1.4 | 1.7 | 1.8 | -5.0% |
| Slovakia | 1.4 | 1.7 | 1.7 | 1.6 | 4.6% |
| United Kingdom | 2.2 | 2.3 | 0.6 | 0.8 | -28.6% |
| Poland | 2.5 | 3.9 | 1.6 | 0.7 | -34.6% |
| Others | 4.3 | 4.4 | 4.0 | 6.2 | 13.0% |
| Total | 54.5 | 59.3 | 47.5 | 48.4 | -3.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Spain in 2022:
- Italy (7.6K tons)
- Germany (2.8K tons)
- France (2.0K tons)
- Belgium (1.4K tons)
- Portugal (1.3K tons)
- Slovakia (0.6K tons)
- Netherlands (0.5K tons)
- United Kingdom (0.4K tons)
- Poland (0.2K tons)
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