Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (FOB) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (CIF) - 2023
  3. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain
  4. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (FOB) - 2023

The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,403 per ton in October 2023, which is down by -4.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 13% month-to-month. The export price peaked at $1,515 per ton in April 2023; however, from May 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 ($1,675 per ton), while the average price for exports to Portugal ($757 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 UK (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (CIF) - 2023

In October 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,324 per ton, with an increase of 4.4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2023 an increase of 12% m-o-m. The import price peaked at $1,424 per ton in August 2023; however, from September 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 Peru ($3,737 per ton), while the price for France ($835 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 Portugal (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain

In 2022, approx. 661K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were exported from Spain; shrinking by -7.4% on 2021 figures. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 6.5% against the previous year. As a result, the exports reached the peak of 713K tons, and then dropped in the following year.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reduced to $755M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $797M, and then contracted in the following year.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1541601871825.7%
Germany81.380.194.490.13.5%
United Kingdom84.275.379.567.6-7.1%
Italy56.957.060.166.05.1%
Belgium63.863.072.260.7-1.6%
Portugal43.842.743.454.47.5%
United States42.853.357.349.55.0%
Netherlands24.323.325.624.30.0%
Sweden13.212.713.213.71.2%
Poland8.09.215.812.716.7%
Algeria15.314.016.65.5-28.9%
Others1191231311292.7%
Total7067147977552.3%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Spain in 2022:

  1. France (163.2K tons)
  2. Germany (75.1K tons)
  3. United Kingdom (61.5K tons)
  4. Portugal (59.0K tons)
  5. Belgium (55.2K tons)
  6. Italy (53.0K tons)
  7. United States (42.7K tons)
  8. Netherlands (20.4K tons)
  9. Poland (10.9K tons)
  10. Sweden (10.4K tons)
  11. Algeria (5.4K tons)

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain

In 2022, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into Spain surged to 242K tons, growing by 23% on the previous year. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $237M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France75.656.357.752.8-11.3%
Netherlands30.027.730.046.315.6%
Belgium31.326.533.242.710.9%
China15.312.515.420.510.2%
Portugal8.112.415.619.133.1%
Peru11.115.512.316.714.6%
Egypt5.78.37.59.920.2%
LatviaN/AN/AN/A3.00%
Others18.419.816.526.112.4%
Total1961791882376.5%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Spain in 2022:

  1. France (88.0K tons)
  2. Netherlands (46.6K tons)
  3. Belgium (46.5K tons)
  4. Portugal (19.7K tons)
  5. China (10.1K tons)
  6. Latvia (7.4K tons)
  7. Egypt (5.3K tons)
  8. Peru (4.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables (uncooked or cooked by steaming or boiling in water); frozen - Spain