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Spain - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Spain: Animal Fats Market Overview 2021

Animal Fats Market Size in Spain

After two years of growth, the Spanish animal fats market decreased by -X% to $X in 2020. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Animal fats consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Animal Fats Production in Spain

In value terms, animal fats production reduced to $X in 2020 estimated in export prices. Over the period under review, production showed a slight reduction. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Animal Fats Exports

Exports from Spain

In 2020, shipments abroad of animal fats and oils decreased by -X% to X tonnes, falling for the third year in a row after four years of growth. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, animal fats exports expanded significantly to $X in 2020. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

The Philippines (X tonnes), France (X tonnes) and Poland (X tonnes) were the main destinations of animal fats exports from Spain, with a combined X% share of total exports. These countries were followed by the Netherlands, Italy, Germany and Norway, which together accounted for a further X 2007 to 2020, the biggest increases were in Norway (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for animal fats exported from Spain were the Netherlands ($X), the Philippines ($X) and Italy ($X), together comprising X% of total exports.

In terms of the main countries of destination, the Netherlands (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average animal fats export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Animal Fats Imports

Imports into Spain

Animal fats imports into Spain rose slightly to X tonnes in 2020, with an increase of X% against the year before. Overall, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, animal fats imports shrank markedly to $X in 2020. Over the period under review, imports saw a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Tunisia (X tonnes) constituted the largest animal fats supplier to Spain, accounting for a X% share of total imports. Moreover, animal fats imports from Tunisia exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), sevenfold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Tunisia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of animal fats to Spain, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Tunisia (X% per year).

Import Prices by Country

The average animal fats import price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Tunisia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (421K tonnes) remains the largest animal fats consuming country worldwide, comprising approx. 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (199K tonnes), twofold. The third position in this ranking was occupied by Italy (167K tonnes), with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
China (424K tonnes) remains the largest animal fats producing country worldwide, accounting for 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (201K tonnes), twofold. The third position in this ranking was occupied by Italy (167K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to Spain?
+
In value terms, the UK ($2.2M) constituted the largest supplier of animal fats to Spain, comprising 37% of total imports. The second position in the ranking was occupied by China ($862K), with a 15% share of total imports. It was followed by Tunisia, with a 12% share.
What are the leading importers of animal fats and oils from Spain?
+
In value terms, the largest markets for animal fats exported from Spain were the Netherlands ($724K), the Philippines ($720K) and Italy ($625K), together accounting for 46% of total exports.
What is the average export price for animal fats and oils in Spain?
+
In 2020, the average animal fats export price amounted to $4,083 per tonne, growing by 11% against the previous year.
What is the average import price for animal fats and oils in Spain?
+
The average animal fats import price stood at $2,576 per tonne in 2020, shrinking by -18.6% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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