Spain - Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotato Price in Spain - 2023
Contents:
- Potato Price in Spain (CIF) - 2023
- Potato Price in Spain (FOB) - 2023
- Potato Imports in Spain
- Potato Exports in Spain
Potato Price in Spain (CIF) - 2023
In August 2023, the average potato import price amounted to $418 per ton, shrinking by -19% against the previous month. Overall, import price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, potato import price decreased by -22.8% against June 2023 indices. The growth pace was the most rapid in March 2023 an increase of 15% against the previous month. The import price peaked at $542 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($1,531 per ton), while the price for Portugal ($363 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Price in Spain (FOB) - 2023
The average potato export price stood at $597 per ton in August 2023, with a decrease of -14.1% against the previous month. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 22% against the previous month. The export price peaked at $889 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Belgium ($793 per ton), while the average price for exports to Italy ($457 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Imports in Spain
In 2022, approx. 1.1M tons of potatoes were imported into Spain; jumping by 19% compared with the previous year. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, potato imports soared to $385M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potato in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 213 | 210 | 176 | 252 | 5.8% |
Netherlands | 44.8 | 37.3 | 37.7 | 41.1 | -2.8% |
United Kingdom | 31.9 | 32.0 | 25.4 | 30.0 | -2.0% |
Israel | 4.4 | 8.7 | 13.8 | 22.1 | 71.3% |
Portugal | 14.0 | 10.7 | 10.0 | 14.4 | 0.9% |
Others | 25.6 | 17.7 | 17.8 | 25.6 | 0.0% |
Total | 333 | 316 | 281 | 385 | 5.0% |
Top Suppliers of Potato to Spain in 2022:
- France (801.2K tons)
- Netherlands (69.7K tons)
- United Kingdom (58.2K tons)
- Portugal (43.2K tons)
- Israel (33.9K tons)
Potato Exports in Spain
In 2022, the amount of potatoes exported from Spain expanded significantly to 371K tons, increasing by 8.5% compared with the year before. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, potato exports amounted to $146M in 2022. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
Export of Potato in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 30.8 | 26.7 | 29.8 | 44.9 | 13.4% |
France | 25.9 | 14.6 | 18.4 | 32.6 | 8.0% |
Germany | 32.8 | 29.6 | 25.5 | 23.8 | -10.1% |
Belgium | 20.9 | 17.1 | 18.8 | 14.4 | -11.7% |
Poland | 9.4 | 4.1 | 5.6 | 5.8 | -14.9% |
Italy | 4.3 | 3.9 | 10.1 | 4.5 | 1.5% |
Netherlands | 6.7 | 3.1 | 4.0 | 4.3 | -13.7% |
United Kingdom | 15.7 | 4.8 | 4.3 | 1.0 | -60.1% |
Others | 24.8 | 13.3 | 19.2 | 14.7 | -16.0% |
Total | 171 | 117 | 136 | 146 | -5.1% |
Top Export Markets for Potato from Spain in 2022:
- Portugal (142.9K tons)
- France (97.2K tons)
- Germany (41.5K tons)
- Belgium (25.8K tons)
- Italy (16.0K tons)
- Poland (12.4K tons)
- Netherlands (9.2K tons)
- United Kingdom (1.4K tons)
This report provides an in-depth analysis of the potato market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 116 - Potatoes
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the potato market in Spain.
This report provides an in-depth analysis of the vegetable and melon market in Spain.
This report provides an in-depth analysis of the vegetable market in Spain.
This report provides an in-depth analysis of the vegetable market in Spain.
This report provides an in-depth analysis of the global potato market.
This report provides an in-depth analysis of the global vegetable and melon market.
This report provides an in-depth analysis of the global vegetable market.
This report provides an in-depth analysis of the global vegetable market.
This report provides an in-depth analysis of the potato market in Spain.
This report provides an in-depth analysis of the vegetable and melon market in Spain.
Potato imports saw a significant growth rate of 53% in August 2023 compared to the previous month, reaching a value of $35M in October 2023.
The Potato price in June 2023 was $542 per ton (CIF, Spain), reflecting a 6.2% increase compared to the previous month.
The most significant growth rate was seen in November 2022 with a 54% increase in exports month-to-month. In terms of value, Vegetable and Melon exports saw a slight expansion to $357M in October 2023.
In November 2022, vegetable and melon exports experienced the highest growth rate, with a 53% increase compared to the previous month. However, in terms of value, these exports drastically decreased to $382M in August 2023.
In August 2022, the vegetable price amounted to $1,199 per ton (FOB, Spain), declining by -17.2% against the previous month.
Explore the top import markets for potato and key statistics in the global market. Discover the countries with the highest import values and their significance in the potato trade.
Global potato exports dropped from $5.1B in 2019 to $4.3B in 2020. France, the Netherlands and Germany constitute major potato exporters worldwide. In 2020, the average potato export price amounted to $327 per ton, decreasing by -6.3% y-o-y. Belgium, a country with one of the highest per capita potato consumption figures, remains the world’s largest importer. Over the last year, most importing countries have reduced their potato purchases. By contrast, Belgium, Spain, the U.S., Uzbekistan, Ukraine, the Czech Republic and the UK boosted their imports.
In 2019, the global potato market increased by 6% to $140.5B, rising for the third consecutive year after two years...
Global potato consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the countries with the highest levels of potato production were China (X thousand tons), India (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.