Spain - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights
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Spain - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights

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Mar 20, 2023

Spain's Fruit Flour Price Reaches Average of $5,531 per Ton Following Three Months of Growth

Spain Fruit Flour Export Price in November 2022

In November 2022, the fruit flour price stood at $5,531 per ton (FOB, Spain), approximately reflecting the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 8% m-o-m. The export price peaked at $5,934 per ton in January 2022; however, from February 2022 to November 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In November 2022, the countries with the highest prices were Israel ($5,975 per ton) and France ($5,737 per ton), while the average price for exports to the United Arab Emirates ($4,868 per ton) and the UK ($5,194 per ton) were amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+0.8%), while the prices for the other major destinations experienced a decline.

Spain Fruit Flour Exports

Fruit flour exports from Spain rose sharply to 2.2K tons in November 2022, surging by 9.5% on the previous month's figure. In general, exports recorded resilient growth. The pace of growth was the most pronounced in September 2022 when exports increased by 95% against the previous month. The exports peaked in November 2022.

In value terms, fruit flour exports expanded rapidly to $12M (IndexBox estimates) in November 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in September 2022 with an increase of 104% month-to-month. The exports peaked in November 2022.

Spain Fruit Flour Exports by Country

France (683 tons), Germany (530 tons) and the UK (368 tons) were the main destinations of fruit flour exports from Spain, together comprising 73% of total exports.

From January 2022 to November 2022, the biggest increases were in Germany (with a CAGR of +21.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit flour exported from Spain were France ($3.9M), Germany ($2.9M) and the UK ($1.9M), together accounting for 73% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +20.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Factors Affecting Fruit Flour Prices

The surge in prices is primarily attributed to the increasing demand for fruit flour not only in Spain but globally. As more consumers shift towards consuming healthier food options, the demand for baked goods made with a mix of different fruit flours has skyrocketed. This trend is expected to continue, leading to further price hikes in the coming months.

Furthermore, the supply chain challenges posed by the COVID-19 pandemic have also contributed to the rising cost of fruit flour as transporting the fragile and perishable commodity has become more expensive. Import and export restrictions have also led to a shortage of supply, further driving up the cost of fruit flour in Spain.

The impact of these soaring prices is being felt by consumers and businesses alike. Bakeries, patisseries, and other food production facilities in Spain are struggling to maintain profit margins, while consumers could see an increase in the cost of baked goods in the coming months. The Spanish government has yet to intervene in this situation, leaving many to question what measures could be taken to ease the strain on the fruit flour industry.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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