Homogenised composite food preparations market in Spain

Earlier Report Observations

The Spanish market for homogenised composite food preparations opened the 2018-2024 period at a volume of 51 008 t, but experienced a sharp contraction in 2019, falling to 37 896 t. A recovery followed in 2020, bringing the market back near its starting level at 49 860 t.

Market volume saw a slight dip in 2021 before growing to 57 995 t in 2022. After stabilizing around 56 000 t in 2023, the market expanded significantly in 2024, reaching 75 662 t—a 34% increase from the previous year and the peak for the period. In value terms, the market followed a similar trajectory, declining to $209.6 million in 2019 and then rising steadily to $367.9 million by 2024.

Production homogenised composite food preparations in Spain

In value, 2017-2020, M $ US

After two years of contraction, Spain's production of homogenised composite food preparations has increased. In 2020, output was valued at 268.7 million US dollars, marking a significant 11.3% rise compared to the previous year. Production declined by 7.1% between 2017 and 2020, which translates to an annualized rate of 2.4%. The lowest value was recorded in 2019 at 241.4 million US dollars, with the largest decline of 16.1% also occurring that year.

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

In kind, 2017-2020, t

Following a two-year decline, Spain's production of homogenised composite food preparations has risen. In 2020, the country produced 58,485 tonnes, representing an 18.2% increase compared to 2019. Between 2017 and 2020, production fell by 8.9%, equivalent to an annualized rate of 3.1%. The minimum output was recorded in 2019 at 49,473 tonnes, with the largest drop of 19.0% also taking place that year.

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

Exports homogenised composite food preparations from Spain

Exports in kind, t

After two years of growth, the volume of homogenised composite food preparations exported from Spain has declined. In 2020, exports amounted to 11,393 tonnes, reflecting an 18.4% decrease compared to 2019. Over the period from 2017 to 2020, exports increased by 7.2%, with a compound annual growth rate of 2.3%. The peak was reached in 2019 at 13,958 tonnes, while the largest increase of 18.8% occurred in 2018.

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

From 2017 to 2020, the three largest markets for Spain's exports in kind were Sweden, France, and Portugal, which together accounted for 52.2% of total flows.

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

Following two years of increase, the value of homogenised composite food preparations exported from Spain has decreased. In 2020, exports totalled 33,920 thousand US dollars, down by 17.9% year-over-year. Between 2017 and 2020, exports grew by 14.1%, with a compound annual growth rate of 4.5%. The highest value was recorded in 2019 at 41,298 thousand US dollars, and the largest increase of 27.2% took place in 2018.

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

From 2017 to 2020, the partner structure for exports in value terms was balanced rather than concentrated. Sweden accounted for 23.4% of exports in value terms, Portugal for 9.8%, and Italy for 9.2%, together representing 42.4% of total flows. Many other countries made up the remaining 57.6%.

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

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

Imports homogenised composite food preparations to Spain

Imports in kind, t

Spain imported 2,768 tonnes of homogenised composite food preparations in 2020, showing a robust advance of 16.3% compared to 2019. Over the period from 2017 to 2020, imports increased by 12.8%, with a compound annual growth rate of 4.1%. The lowest value was recorded in 2019 at 2,381 tonnes, with the largest decline of 8.1% also occurring that year.

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

Between 2017 and 2020, Germany, France, and the Netherlands remained the leading destinations in Spain's import structure in kind. Germany accounted for 59.0% of imports in kind, France for 11.7%, and the Netherlands for 6.2%, together representing 76.9% 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

In 2020, cross-border shipments of homogenised composite food preparations to Spain reached 10,595 thousand US dollars, constituting a robust uptick of 11.1% compared with 2019. Between 2017 and 2020, imports increased by 13.8%, equating to an annualized rate of 4.4%. The maximum value was recorded in 2018 at 10,959 thousand US dollars, with the largest decline of 13.0% in 2019 and the largest increase of 17.7% in 2018.

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

From 2017 to 2020, the leading destinations for imports in value terms of homogenised composite food preparations to Spain were Germany, France, and the Netherlands. Germany accounted for 48.2% of imports in value terms, France for 17.1%, and the Netherlands for 8.8%, jointly making up 74.2% of total flows.

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

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