Spain: Sugary Soft Drink Market 2024

Sugary Soft Drink Market Size in Spain

In 2022, the Spanish sugary soft drink market increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption continues to indicate prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sugary Soft Drink Production in Spain

In value terms, sugary soft drink production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

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Sugary Soft Drink Exports

Exports from Spain

In 2022, overseas shipments of sugary soft drinks increased by X% to X litres, rising for the eighth year in a row after two years of decline. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sugary soft drink exports surged to $X in 2022. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Portugal (X litres) was the main destination for sugary soft drink exports from Spain, with a X% share of total exports. Moreover, sugary soft drink exports to Portugal exceeded the volume sent to the second major destination, the UK (X litres), fourfold. The third position in this ranking was held by France (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and France (X% per year).

In value terms, Portugal ($X) remains the key foreign market for sugary soft drinks exports from Spain, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, 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: the UK (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average sugary soft drink export price amounted to $X per litre, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per litre. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per litre), while the average price for exports to Portugal ($X per litre) was amongst the lowest.

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

Sugary Soft Drink Imports

Imports into Spain

In 2022, approx. X litres of sugary soft drinks were imported into Spain; rising by X% compared with 2021. Overall, 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X litres in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, sugary soft drink imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X litres), Portugal (X litres) and Germany (X litres) were the main suppliers of sugary soft drink imports to Spain, together comprising X% of total imports. The Netherlands, Romania, France, Denmark and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugary soft drink suppliers to Spain were Austria ($X), Portugal ($X) and Germany ($X), with a combined X% share of total imports. The Netherlands, France, Denmark, Romania and the UK lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sugary soft drink import price stood at $X per litre in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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