
Spain - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
Spain: Market for Seeds, Fruit and Spores Used for Sowing 2023
Market Size for Seeds, Fruit and Spores Used for Sowing in Spain
In 2021, the Spanish market for seeds, fruit and spores used for sowing increased by 5.4% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption enjoyed a strong increase. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the immediate term.
Production of Seeds, Fruit and Spores Used for Sowing in Spain
In value terms, production of seeds, fruit and spores used for sowing shrank rapidly to $X in 2021 estimated in export price. In general, production, however, showed a dramatic descent. Over the period under review, production of attained the maximum level at $X in 2020, and then dropped rapidly in the following year.
Exports of Seeds, Fruit and Spores Used for Sowing
Exports from Spain
In 2021, overseas shipments of seeds, fruit and spores used for sowing increased by 98% to X tons, rising for the third year in a row after two years of decline. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 420% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, exports of seeds, fruit and spores used for sowing expanded modestly to $X in 2021. Over the period under review, exports showed a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 226%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in years to come.
Exports by Country
France (X tons) was the main destination for exports of seeds, fruit and spores used for sowing from Spain, with a 67% share of total exports. Moreover, exports of seeds, fruit and spores used for sowing to France exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The third position in this ranking was taken by Italy (X tons), with an 8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+164.8% per year) and Italy (+60.5% per year).
In value terms, the largest markets for seed, fruit and spore used for sowing exported from Spain were Germany ($X), France ($X) and Italy ($X), together accounting for 53% of total exports.
Among the main countries of destination, Germany, with a CAGR of +139.5%, 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
The average export price for seeds, fruit and spores used for sowing stood at $X per ton in 2021, with a decrease of -48.3% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 68%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Portugal ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Seeds, Fruit and Spores Used for Sowing
Imports into Spain
In 2021, overseas purchases of seeds, fruit and spores used for sowing increased by 18% to X tons, rising for the second year in a row after three years of decline. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by 60%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of seeds, fruit and spores used for sowing stood at $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 23%. Imports peaked in 2021 and are expected to retain growth in the near future.
Imports by Country
China (X tons), France (X tons) and Italy (X tons) were the main suppliers of imports of seeds, fruit and spores used for sowing to Spain, with a combined 62% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +77.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest seed, fruit and spore used for sowing suppliers to Spain were the Netherlands ($X), France ($X) and Italy ($X), with a combined 62% share of total imports. China and Germany lagged somewhat behind, together comprising a further 18%.
In terms of the main suppliers, China, with a CAGR of +41.6%, saw the highest growth rate of 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
The average import price for seeds, fruit and spores used for sowing stood at $X per ton in 2021, waning by -11.1% against the previous year. Overall, the import price recorded a abrupt descent. The growth pace was the most rapid in 2017 when the average import price increased by 34% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for seed, fruit and spore used for sowing 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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