Spain: Prepared Baking Powder Market Overview 2020

Prepared Baking Powder Market Size in Spain

The revenue of the prepared baking powder market in Spain amounted to $X in 2018, shrinking by -X% against the previous year. Overall, prepared baking powder consumption, however, continues to indicate a pronounced deduction. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, the prepared baking powder market attained its peak level of $X. From 2015 to 2018, the growth of the prepared baking powder market remained at a somewhat lower figure.

Prepared Baking Powder Production in Spain

In value terms, prepared baking powder production totaled $X in 2018 estimated in export prices. Over the period under review, prepared baking powder production continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. In that year, prepared baking powder production reached its peak level of $X. From 2015 to 2018, prepared baking powder production growth failed to regain its momentum.

Prepared Baking Powder Exports

Exports from Spain

In 2018, the exports of prepared baking powders from Spain stood at X tonnes, increasing by X% against the previous year. Over the period under review, the total exports indicated slight growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, prepared baking powder exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, prepared baking powder exports attained their maximum at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, prepared baking powder exports totaled $X in 2018. Overall, the total exports indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, prepared baking powder exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Portugal (X tonnes), Norway (X tonnes) and Oman (X tonnes) were the main destinations of prepared baking powder exports from Spain, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Oman, while the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) emerged as the key foreign market for prepared baking powder exports from Spain, comprising X% of total prepared baking powder exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Portugal amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the average prepared baking powder export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price indicated a strong expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, prepared baking powder export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for prepared baking powders reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Portugal ($X per tonne), while the average price for exports to Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into Spain

In 2018, approx. X tonnes of prepared baking powders were imported into Spain; declining by -X% against the previous year. Over the period under review, prepared baking powder imports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, prepared baking powder imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, prepared baking powder imports totaled $X in 2018. In general, prepared baking powder imports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest prepared baking powder supplier to Spain, accounting for a X% share of total imports. Moreover, prepared baking powder imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tonnes), twofold. The third position in this ranking was occupied by Portugal (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Portugal (+X% per year).

In value terms, the largest prepared baking powder suppliers to Spain were Germany ($X), France ($X) and Portugal ($X), together accounting for X% of total imports.

Among the main suppliers, Portugal experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared baking powder import price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the prepared baking powder import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, the average import prices for prepared baking powders reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Portugal, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform