Spain: Festive Articles Market 2024

Festive Articles Market Size in Spain

After two years of decline, the Spanish festive articles market increased by X% to $X in 2022. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Festive Articles Production in Spain

In value terms, festive articles production fell significantly to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then shrank markedly in the following year.

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Festive Articles Exports

Exports from Spain

In 2022, the amount of festive or carnival articles exported from Spain totaled X tons, surging by X% on the year before. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, festive articles exports soared to $X in 2022. Over the period under review, exports recorded resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Germany (X tons) and France (X tons) were the main destinations of festive articles exports from Spain, together comprising X% of total exports. Portugal, Italy, Greece, Peru, the Netherlands, the UK and Israel lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for festive articles exported from Spain were France ($X), Italy ($X) and Portugal ($X), with a combined X% share of total exports. Germany, the United States, the Netherlands, the UK, Greece, Peru and Israel lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Peru, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average festive articles export price amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, festive articles export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Festive Articles Imports

Imports into Spain

In 2022, after two years of decline, there was significant growth in overseas purchases of festive or carnival articles, when their volume increased by X% to X tons. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, festive articles imports skyrocketed to $X in 2022. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of festive articles to Spain, accounting for a X% share of total imports. Moreover, festive articles imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of festive or carnival articles to Spain, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average festive articles import price amounted to $X per ton, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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