Prepared baking powders market in Spain

Earlier Report Observations

Production of prepared baking powders in Spain rose from 2 331 t in 2018 to 3 557 t in 2020, while the physical market size expanded from 1 447 t to 2 754 t over the same period. This growth aligned with a broader expansion in Spain's prepared meals sector, where rising consumer demand for convenience and the proliferation of new product formats likely stimulated demand for baking ingredients. In value terms, production dipped slightly to $3.45 million in 2019 before surging to $5.17 million in 2020, with the market value reaching $2.80 million that year.

Trade data from 2018 to 2024 show Spain consistently exported over 1 000 t of prepared baking powders annually, while imports remained below 600 t, confirming the country's net exporter status. Import volumes peaked at 553 t in 2023, indicating periods of heightened domestic demand or supply chain adjustments. The overall trade surplus persisted through 2024, reflecting stable external demand for Spanish production.

Production prepared baking powders in Spain

In value, 2017-2020, K $ US

In Spain, the output value of prepared baking powders reached 5 165 K $ US in 2020, marking a significant increase of 49.7% compared to the previous year. Looking at the period from 2017 to 2020, production grew by 48%, which translates to an annualized growth rate of 13.9%. The lowest value was recorded in 2019 at 3 449 K $ US, with the largest decline occurring that same year at 9.1%.

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

In kind, 2017-2020, t

Spain's production of prepared baking powders increased for the second consecutive year. In 2020, the country produced 3 557 tonnes, representing a substantial improvement of 48.2% over the previous year. From 2017 to 2020, production rose by 43.6%, with a compound annual growth rate of 12.8%. The minimum production level was recorded in 2018 at 2 331 tonnes, which also saw the largest decline of 5.9%.

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

Exports prepared baking powders from Spain

Exports in kind, t

In 2020, Spain's exports of prepared baking powders totalled 1 254 tonnes, showing a solid increase of 24.5% compared to the previous year. Over the 2017-2020 period, exports grew by 27.1%, with a compound annual growth rate of 8.3%. The largest decline occurred in 2019 at 18.9%, while the largest increase was recorded in 2018 at 25.9%.

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

From 2017 to 2020, Norway, Portugal, and Malaysia were the main destinations for Spain's prepared baking powder exports in kind. Norway accounted for 24.8% of exports, Portugal for 23.3%, and Malaysia for 14.8%. Together, these three countries absorbed 62.9% of total exports, making them the primary 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

In 2020, Spain's export value of prepared baking powders amounted to 4 237 K $ US, up by 32.0% from the previous year. Between 2017 and 2020, exports increased by 33.6%, equating to an annualized growth rate of 10.1%. The largest decline was recorded in 2019 at 17.2%.

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

Throughout 2017-2020, Portugal, Norway, and Malaysia were the three largest markets for Spain's prepared baking powder exports in value terms. Together, they accounted for 64.1% of total export flows, highlighting their central role in Spain's export structure.

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

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

Imports prepared baking powders to Spain

Imports in kind, t

Spain's imports of prepared baking powders increased for the second consecutive year. In 2020, imports reached 450 tonnes, up by 23.1% from the previous year. Over the 2017-2020 period, imports grew by 16.7%, with a compound annual growth rate of 5.3%. The minimum import volume was recorded in 2018 at 358 tonnes, which also saw the largest decline of 7.1%.

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

From 2017 to 2020, Germany and France were the dominant sources of Spain's prepared baking powder imports in kind. Together, they accounted for 82.0% of total imports, with other countries contributing to a more diversified but less significant share.

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, Spain's import value of prepared baking powders stood at 1 871 K $ US, indicating a gain of 6.4% compared to 2019. Between 2017 and 2020, imports increased by 17.6%, equating to an annualized growth rate of 5.6%. The maximum value was recorded in 2018 at 2 000 K $ US. The largest decline occurred in 2019 at 12.0%, while the largest increase was in 2018 at 25.7%.

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

From 2017 to 2020, France and Germany were the dominant suppliers of prepared baking powders to Spain in value terms. Together, they accounted for 86.3% of total imports, with other partners forming a less significant background in the import structure.

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

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