Salted, in brine, dried or smoked beef market in Spain

Earlier Report Observations

The Spanish market for salted, dried, or smoked beef exhibited strong growth from 2018 to 2021. Production value rose from 27.8 million USD to 63.8 million USD, while the total market size expanded from 52.1 million USD to 93.6 million USD. Imports and exports also increased during this period, contributing to the market's expansion.

Following a decline in 2023, when production fell to 60.0 million USD and market size dropped to 74.0 million USD, the market recovered strongly in 2024. Production surged to 80.2 million USD, and market size reached 94.7 million USD. This rebound was driven by the implementation of specific EU hygiene regulations for beef maturation and transport, which standardized production conditions. Concurrently, newly established import tariffs and mandatory Halal certification for exports encouraged domestic output while moderating import and export volumes.

Production salted, in brine, dried or smoked beef in Spain

In value, 2017-2020, K $ US

Spain's production of salted, brined, dried, or smoked beef increased for the second consecutive year. In 2020, output was valued at 47,571 thousand US dollars, marking a 64.0% rise compared to 2019. The minimum value was recorded in 2018 at 27,815 thousand US dollars, which represented the largest decline of 30.6% during the period. From 2017 to 2020, production grew by 18.7%, averaging an annualized rate of 5.9%.

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

In kind, 2017-2020, t

Between 2017 and 2020, Spain ranked as the 12th largest global producer of salted, brined, dried, or smoked beef.

Top producers of salted, in brine, dried or smoked beef, 2017-2020

World map of production of salted, in brine, dried or smoked beef, 2017-2020

The market showed an unstable trend over the timeframe. The minimum volume was recorded in 2018 at 1,837 tonnes, which saw the largest decline of 44.5%. In 2020, production reached 5,332 tonnes, a 161.0% increase year-over-year. From the low in 2018 to the high in 2020, volumes varied by a factor of 2.9.

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

Exports salted, in brine, dried or smoked beef from Spain

Exports in kind, t

After two years of growth, Spain's exports of salted, brined, dried, or smoked beef declined. In 2020, exports totaled 426 tonnes, a 15.5% reduction compared to 2019. The maximum value was recorded in 2019 at 504 tonnes, which saw the largest increase of 44.5%. From 2017 to 2020, exports rose by 72.8%, with a compound annual growth rate of 20.0%.

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

From 2017 to 2020, Portugal, France, and Italy were the key partners for Spain's exports of salted, brined, dried, or smoked beef in volume terms. Portugal accounted for 50.7% of exports, France for 20.1%, and Italy for 13.6%, together representing 84.4% 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

Spain's exports of salted, brined, dried, or smoked beef increased for the third consecutive year. In 2020, exports totaled 5,756 thousand US dollars, a 1.4% rise compared to the previous year. From 2017 to 2020, exports grew by 81.1%, averaging an annualized rate of 21.9%.

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

In 2017–2020, Portugal, France, and Italy were the main destinations for Spain's exports of salted, brined, dried, or smoked beef in value terms. Portugal accounted for 34.5% of exports, France for 25.1%, and Italy for 18.0%, together making up 77.6% of total exports.

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

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

Imports salted, in brine, dried or smoked beef to Spain

Imports in kind, t

After two years of increase, Spain's imports of salted, brined, dried, or smoked beef declined. In 2020, imports stood at 3,414 tonnes, down by 24.1% compared to 2019. The maximum value was recorded in 2019 at 4,496 tonnes, which saw the largest increase of 38.8%. From 2017 to 2020, imports rose by 31.9%, with a compound annual growth rate of 9.7%.

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

From 2017 to 2020, Germany, the Netherlands, and Austria were the largest suppliers of salted, brined, dried, or smoked beef to Spain in volume terms. Germany accounted for 42.1% of imports, the Netherlands for 17.2%, and Austria for 11.4%, together forming 70.7% of total imports.

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

After two years of improvement, Spain's imports of salted, brined, dried, or smoked beef declined. In 2020, imports totaled 37,608 thousand US dollars, a 31.8% decrease compared to the previous year. The maximum value was recorded in 2019 at 37,608 thousand US dollars, with the largest increase of 37.8% in 2018. From 2017 to 2020, imports increased by 25%, with a compound annual growth rate of 7.7%.

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

Over 2017–2020, Germany, the Netherlands, and Austria remained the leading sources for Spain's imports of salted, brined, dried, or smoked beef in value terms. Germany accounted for 39.1% of imports, the Netherlands for 22.7%, and Austria for 9.1%, with a combined share of 70.8% 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