Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (CIF) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (FOB) - 2023
  3. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain
  4. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (CIF) - 2023

In October 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $446 per ton, reducing by -3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 17% month-to-month. The import price peaked at $530 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($788 per ton), while the price for France ($403 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Egypt (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (FOB) - 2023

In October 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $415 per ton, falling by -17.7% against the previous month. Over the period under review, the export price, however, saw slight growth. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 24% m-o-m. The export price peaked at $881 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($855 per ton), while the average price for exports to Portugal ($363 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain

In 2022, approx. 991K tons of vegetables; potatoes (other than seed), fresh or chilleds were imported into Spain; increasing by 19% against the previous year's figure. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds surged to $341M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2082061732465.8%
United Kingdom25.225.522.725.30.1%
Israel4.48.713.822.171.3%
Netherlands15.310.211.713.8-3.4%
Portugal12.99.48.312.5-1.0%
Others19.211.112.720.82.7%
Total2852702433416.2%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Spain in 2022:

  1. France (789.8K tons)
  2. United Kingdom (52.3K tons)
  3. Portugal (41.1K tons)
  4. Israel (33.9K tons)
  5. Netherlands (30.1K tons)

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain

For the fourth consecutive year, Spain recorded growth in overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds, which increased by 7.6% to 357K tons in 2022. The total export volume increased at an average annual rate of +9.9% 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 2021 when exports increased by 18%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds expanded significantly to $140M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal28.324.828.441.914.0%
France21.414.318.232.514.9%
Germany24.128.924.622.9-1.7%
Belgium17.414.516.512.8-9.7%
Poland6.64.05.65.8-4.2%
Italy3.93.910.14.54.9%
Netherlands3.52.93.74.37.1%
Czech Republic3.21.93.71.3-25.9%
United Kingdom7.64.74.31.0-49.1%
Others12.110.414.413.22.9%
Total1281101301403.0%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Spain in 2022:

  1. Portugal (134.0K tons)
  2. France (96.9K tons)
  3. Germany (39.8K tons)
  4. Belgium (23.4K tons)
  5. Italy (16.0K tons)
  6. Poland (12.4K tons)
  7. Netherlands (9.2K tons)
  8. Czech Republic (3.9K tons)
  9. United Kingdom (1.4K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; potatoes (other than seed), fresh or chilled - Spain