Concentrated not sweetened milk and cream market in Spain

Earlier Report Observations

The Spanish market for concentrated not sweetened milk and cream experienced strong growth from 2018 to 2021, with production increasing from 18 611 t to 31 562 t and market volume rising from 18 202 t to 29 684 t. This expansion was followed by a sharp contraction in 2022, when the market volume nearly halved to 15 614 t. During this period of market adjustment, Grupo Lactalis Iberia solidified its position as the leading player in the long-life and pasteurized milk segment, with a reported turnover of 1.5 billion euros, significantly shaping the competitive environment for concentrated dairy products.

In value terms, the market followed a volatile path, growing from $36.6 million in 2018 to $57.4 million in 2021. After the 2022 downturn, both production and market volume recovered substantially, reaching 28 385 t and 29 592 t respectively by 2024. The market's value surged to $81.7 million in 2024, indicating a strong rebound in economic terms alongside the physical volume recovery.

Production concentrated not sweetened milk and cream in Spain

In value, 2017-2020, K $ US

After two consecutive years of decline, Spain's production of concentrated unsweetened milk and cream rebounded. In 2020, output reached 46 928 thousand US dollars, marking a significant 36.5% increase from the previous year. Over the 2017-2020 period, production grew by 9.5%, with an average annual growth rate of 3.1%. The lowest value was recorded in 2019 at 34 380 thousand US dollars, which also saw the largest decline of 19.6%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, t

From 2017 to 2020, Spain ranked 22nd globally in the production of concentrated unsweetened milk and cream.

Top producers of concentrated not sweetened milk and cream, 2017-2020

World map of production of concentrated not sweetened milk and cream, 2017-2020

Spain's production of concentrated unsweetened milk and cream increased for the second year in a row. In 2020, output totaled 28 585 tonnes, representing a sharp 37.9% rise compared to the previous year. Between 2017 and 2020, production surged by 47.4%, equating to an annualized growth rate of 13.8%. The lowest value was recorded in 2018 at 18 611 tonnes, which also experienced the largest decline of 4.0%.

Annual dynamics of production in Spain in kind, 2017-2020, t

Exports concentrated not sweetened milk and cream from Spain

Exports in kind, t

Following a two-year decline, Spain's exports of concentrated unsweetened milk and cream rose. In 2020, exports amounted to 3 048 tonnes, a 5.9% increase from 2019. However, over the 2017-2020 period, exports fell by 48.3%, with an annualized decline rate of 19.8%. The lowest value was recorded in 2019 at 2 880 tonnes, while the largest drop occurred in 2018 at 38.6%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

From 2017 to 2020, France remained the primary destination for Spain's exports in volume terms, accounting for 85.4% of total flows. The remaining share was distributed among various smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, K $ US

Spain's exports of concentrated unsweetened milk and cream in value terms declined for the third consecutive year. In 2020, exports reached 6 034 thousand US dollars, a decrease of 2.5% compared to 2019. Over the 2017-2020 period, exports dropped by 59.6%, with an annualized decline rate of 26.1%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

During 2017-2020, the geographical distribution of exports in value terms was dominated by France, which held an 88.0% share of total flows. Other partners accounted for relatively minor shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports concentrated not sweetened milk and cream to Spain

Imports in kind, t

In 2020, Spain's imports of concentrated unsweetened milk and cream in volume terms amounted to 2 105 tonnes, a moderate 4.3% increase from the previous year. Over the 2017-2020 period, imports decreased by 2.7%, with an annualized decline rate of 0.9%. The lowest value was recorded in 2019 at 2 017 tonnes, while the highest was in 2018 at 3 216 tonnes. The largest decline occurred in 2019 at 37.3%, and the largest increase was in 2018 at 48.6%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

From 2017 to 2020, Germany, France, and the Netherlands formed the core group of suppliers for Spain's imports in volume terms. Germany accounted for 58.9% of imports, France for 16.9%, and the Netherlands for 9.2%, together representing 85.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, K $ US

Spain imported 3 747 thousand US dollars worth of concentrated unsweetened milk and cream in 2020, a 4.6% gain compared to the previous year. Over the 2017-2020 period, imports increased by 12.3%, with an average annual growth rate of 3.9%. The highest value was recorded in 2018 at 3 791 thousand US dollars. The largest decline occurred in 2019 at 5.5%, while the largest increase was in 2018 at 13.6%.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

Throughout 2017-2020, Germany and the Netherlands were the principal sources for Spain's imports in value terms, jointly accounting for 80.1% of total flows. Other partners each held significantly smaller shares.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020