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Spain - Sugar Crop - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

Spain - Sugar Crop - Market Analysis, Forecast, Size, Trends and Insights

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May 30, 2024

Spain's Sugar Crop Exports Plummet to $8.1M in 2023

Spain Sugar Crop Exports

After three years of growth, overseas shipments of sugar crops decreased by -28.4% to 17K tons in 2023. Overall, total exports indicated moderate growth from 2013 to 2023: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by 24% against the previous year. The exports peaked at 23K tons in 2022, and then declined sharply in the following year.

In value terms, sugar crop exports shrank remarkably to $8.1M (IndexBox estimates) in 2023. Over the period under review, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 50%. The exports peaked at $11M in 2022, and then declined significantly in the following year.Spain Sugar Crop Exports By Country (Thousand USD)

COUNTRYExport Value of Sugar Crop in Spain (thousand USD)
20132014201520162017201820192020202120222023
Italy1,0428437209201,2002,3981,6453,3184,9347,0674,034
France6918364725346206155647901,2301,007788
Germany1,044513665346391517533768597494669
Belgium476546488414439487440467463411665
Switzerland476530410449459413394417364322588
Netherlands479550408410392463464557524446529
Czech Republic309448282370609342274314337269337
Others4704101,191359343294294280493954480
Total4,9864,6764,6343,8024,4555,5294,6106,9108,94010,9708,089

Exports by Country

Italy (7.2K tons) was the main destination for sugar crop exports from Spain, accounting for a 43% share of total exports. Moreover, sugar crop exports to Italy exceeded the volume sent to the second major destination, France (2.2K tons), threefold. The third position in this ranking was taken by Belgium (1.6K tons), with a 9.3% share.

From 2013 to 2023, the average annual growth rate of volume to Italy totaled +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.6% per year) and Belgium (+3.3% per year).

In value terms, Italy ($4M) remains the key foreign market for sugar crops exports from Spain, comprising 50% of total exports. The second position in the ranking was held by France ($788K), with a 9.7% share of total exports. It was followed by Germany, with an 8.3% share.

From 2013 to 2023, the average annual rate of growth in terms of value to Italy amounted to +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.3% per year) and Germany (-4.4% per year).

Exports by Type

Carob (16K tons) was the largest type of sugar crops exported from Spain, with a 92% share of total exports. Moreover, carob exceeded the volume of the second product type, sugar beet (1.3K tons), more than tenfold. Sugar cane (45 tons) ranked third in terms of total exports with a 0.3% share.

From 2013 to 2023, the average annual rate of growth in terms of the volume of carob exports totaled +3.6%. With regard to the other exported products, the following average annual rates of growth were recorded: sugar beet (+26.2% per year) and sugar cane (+21.7% per year).

In value terms, carob ($7.6M) remains the largest type of sugar crops exported from Spain, comprising 94% of total exports. The second position in the ranking was taken by sugar beet ($417K), with a 5.1% share of total exports. It was followed by sugar cane, with a 0.4% share.

From 2013 to 2023, the average annual growth rate of the value of carob exports stood at +5.9%. With regard to the other exported products, the following average annual rates of growth were recorded: sugar beet (-4.4% per year) and sugar cane (+9.7% per year).

Export Prices by Country

In 2023, the sugar crop price amounted to $484 per ton (FOB, Spain), picking up by 2.9% against the previous year. Overall, the export price saw a modest expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($558 per ton), while the average price for exports to the Czech Republic ($344 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sugar crop 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 161 - Sugar crops nes
  • FCL 156 - Sugar cane
  • FCL 459 - Chicory roots
  • FCL 157 - Sugar beet
  • FCL 461 - Carobs
  • FCL 460 - Vegetable products, fresh or dry nes

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 THE 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 EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024

  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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