Spain: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Spain

In 2022, the Spanish market for frozen, dried and smoked fish increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Frozen, dried and smoked fish consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Frozen, Dried And Smoked Fish in Spain

In value terms, frozen, dried and smoked fish production shrank rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Frozen, Dried And Smoked Fish

Exports from Spain

After two years of growth, shipments abroad of frozen, dried and smoked fish decreased by X% to X tons in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen, dried and smoked fish exports stood at $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Portugal (X tons), Italy (X tons) and Ecuador (X tons) were the main destinations of frozen, dried and smoked fish exports from Spain, with a combined X% share of total exports. France, Mauritius, Morocco, Seychelles, Thailand, Ukraine, South Africa, China, Cabo Verde and Turkey lagged somewhat behind, together comprising 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 South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Portugal ($X) and France ($X) constituted the largest markets for frozen, dried and smoked fish exported from Spain worldwide, together accounting for X% of total exports. China, Ecuador, Seychelles, Morocco, Mauritius, Thailand, Ukraine, Cabo Verde, Turkey and South Africa lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cabo Verde, with a CAGR of X%, saw 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 export price for frozen, dried and smoked fish amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to South Africa ($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 Cabo Verde (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Spain

In 2022, the amount of frozen, dried and smoked fish imported into Spain declined to X tons, shrinking by X% compared with the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 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 imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Ecuador (X tons) and Argentina (X tons) were the main suppliers of frozen, dried and smoked fish imports to Spain, with a combined X% share of total imports. Portugal, Morocco, China, Seychelles, South Africa, the United States, Mexico, France, El Salvador and Guatemala lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Seychelles (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen, dried and smoked fish suppliers to Spain were Ecuador ($X), Argentina ($X) and the Netherlands ($X), with a combined X% share of total imports. China, Portugal, Morocco, Mexico, France, South Africa, the United States, Seychelles, Guatemala and El Salvador lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, El Salvador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for frozen, dried and smoked fish amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :