Earlier Report Observations
Between 2018 and 2020, the whey market in Spain remained relatively stable in volume, hovering around 155-165 thousand tons. A significant shift occurred in 2021 when the market volume surged to 247.1 thousand tons, an increase of over 90 thousand tons from the previous year. This growth was accompanied by a rise in the market's value to 100.3 million USD.
Following 2021, the market volume continued its upward trajectory in physical terms, reaching 291.1 thousand tons by 2024. In contrast, the market value peaked in 2021 and subsequently declined to 65.5 million USD in 2024, indicating a divergence between volume and value trends over the latter part of the period.
Domestic production showed strong growth from 2021 onward, exceeding 300 thousand tons in 2023 and 2024, which supported the expanding market volume. Over the same period, import volumes gradually decreased while exports increased, particularly in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Spain
- 5.1.1. In kind, 2018-2024, K t
- 5.1.2. In value, 2018-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Spain
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production whey in Spain
In value, 2017-2020, K $ US
Whey production in Spain increased for the second consecutive year. In 2020, output was valued at 94 988 K $ US, showing a robust gain of 23.4% compared to the previous year. Over the period from 2017 to 2020, production grew by 28.3%, with a compound annual growth rate (CAGR) of 8.7%. The lowest value was recorded in 2018 at 72 287 K $ US, which also saw the largest decline of 2.4%.
Annual dynamics of production in Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.4%) | 6.4% | 23.4% | 8.7% |
In kind, 2017-2020, K t
Spain was among the world's leading producers of whey from 2017 to 2020, ranking 10th by production volume.
Top producers of whey, 2017-2020
World map of production of whey, 2017-2020
In 2020, Spain produced 188.5 K t of whey, marking an uptick of 5.2% relative to the prior year. Between 2017 and 2020, production increased by 4.3%, equating to an annualized rate of 1.4%. The lowest value was recorded in 2019 at 179.2 K t, which also experienced the largest decline of 1.0%.
Annual dynamics of production in Spain in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.1% | (1.0%) | 5.2% | 1.4% |
Exports whey from Spain
Exports in kind, t
In 2020, Spain's whey export volume totalled 61 592 t, reflecting a gain of 12.2% year-over-year. Over the period from 2017 to 2020, exports increased by 20.8%, with a compound annual growth rate (CAGR) of 6.5%. The largest decline was recorded in 2019 at 7.6%, while the largest increase occurred in 2018 at 16.6%.
Annual dynamics of product's exports from Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.6% | (7.6%) | 12.2% | 6.5% |
From 2017 to 2020, the Netherlands, France, and Vietnam were the top contributors to Spain's whey exports in kind, accounting for 27.6%, 26.1%, and 10.3% of exports, respectively. Together, they represented 64.0% of total export 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
Exported whey volumes from Spain increased for the third consecutive year. In 2020, exports stood at 69 388 K $ US, up by 39.4% compared to the previous year. Between 2017 and 2020, exports grew by 46.4%, equating to an annualized rate of 13.5%.
Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.0% | 1.1% | 39.4% | 13.5% |
From 2017 to 2020, the Netherlands, France, and China were the three principal markets for Spain's whey exports in value terms, together accounting for 56.9% 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 whey to Spain
Imports in kind, t
Cross-border shipments of whey to Spain declined for the second consecutive year. In 2020, imports totalled 28 369 t, constituting a strong reduction of 14.4% over the past year. Over the period from 2017 to 2020, imports decreased by 35.4%, with a compound annual growth rate (CAGR) of -13.6%. The largest decline was recorded in 2019 at 24.6%, while the largest increase occurred in 2018 at 0.0%.
Annual dynamics of product's imports to Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.0%) | (24.6%) | (14.4%) | (13.6%) |
Throughout 2017 to 2020, Portugal, France, and the Netherlands formed the key group of partners for Spain's whey imports in kind, representing 38.8%, 24.8%, and 15.0% of imports, respectively. Together, they accounted for 78.6% of total import 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's whey imports increased for the second consecutive year. In 2020, imports totalled 44 022 K $ US, which is 5.3% stronger year-over-year. Between 2017 and 2020, imports decreased by 4.3%, equating to an annualized rate of -1.5%. The lowest value was recorded in 2018 at 41 799 K $ US, which also saw the largest decline of 9.2%.
Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.2%) | 0.1% | 5.3% | (1.5%) |
From 2017 to 2020, France, Denmark, and the Netherlands led the structure of Spain's whey imports in value terms, accounting for 24.5%, 19.7%, and 17.6% of imports, respectively. Together, they represented 61.8% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Spain in value, 2017-2020
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