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Jun 26, 2024

Vegetable, Root, and Pulse Exports Skyrocket in Spain, Reaching $8.8 Billion in 2023

Spain Vegetable Exports

In 2023, overseas shipments of vegetables decreased by -3.6% to 5.2M tons, falling for the third consecutive year after three years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 10% against the previous year. Over the period under review, the exports reached the maximum at 5.8M tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, vegetable, root, and pulse exports expanded significantly to $8.8B (IndexBox estimates) in 2023. Over the period under review, total exports indicated a perceptible expansion from 2013 to 2023: its value 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. Based on 2023 figures, exports increased by +61.4% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.Spain Vegetable Exports By Country (Million USD)

COUNTRYExport Value of Vegetable in Spain (million USD)
20132014201520162017201820192020202120222023
Germany1,4811,5031,3781,5391,6341,6901,6861,8802,1972,2182,629
United Kingdom8818948188849039519571,0351,2371,1801,323
France9809168918949071,0241,0191,1011,1901,0941,203
Netherlands684644572608630645640639682704815
Italy313292285270292288328330376327365
Poland218221197216228281291298316320344
Portugal178144153171164179175180200226341
Others1,1831,1781,1361,2091,2751,2871,4111,5071,6181,5881,745
Total5,9175,7935,4295,7916,0336,3446,5086,9717,8157,6588,765

Exports by Country

Germany (1.4M tons), France (793K tons) and the UK (747K tons) were the main destinations of vegetable, root, and pulse exports from Spain, together comprising 57% of total exports. the Netherlands, Portugal, Italy and Poland lagged somewhat behind, together comprising a further 26%.

From 2013 to 2023, the biggest increases were recorded for Portugal (with a CAGR of +2.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($2.6B), the UK ($1.3B) and France ($1.2B) appeared to be the largest markets for vegetable, root, and pulse exported from Spain worldwide, with a combined 59% share of total exports. the Netherlands, Italy, Poland and Portugal lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, Portugal, with a CAGR of +6.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Lettuce and chicory (785K tons), chilies and peppers (green) (748K tons) and cucumbers and gherkins (670K tons) were the main products of vegetable, root, and pulse exports from Spain, together comprising 42% of total exports. Fresh vegetables, nes, tomatoes, potatoes, cauliflower and broccoli, onions (dry), eggplants (aubergines), garlic, carrots and turnips, cabbage and other brassicas, spinach, sweet potatoes, leeks and other alliaceous vegetables, asparagus, green beans, leguminous vegetables, nes, pulses, nes, mushrooms and truffles, beans (dry), peas (dry), chick peas, roots and tubers, nes, lentils, cassava, broad beans and horse beans (dry) and peas (green) lagged somewhat behind, together comprising a further 58%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by cassava (with a CAGR of +35.2%), while the other products experienced more modest paces of growth.

In value terms, chilies and peppers (green) ($1.8B), tomatoes ($1.3B) and lettuce and chicory ($1.1B) appeared to be the most exported types of vegetables from Spain worldwide, together accounting for 48% of total exports. Cucumbers and gherkins, fresh vegetables, nes, cauliflower and broccoli, garlic, onions (dry), eggplants (aubergines), potatoes, carrots and turnips, cabbage and other brassicas, asparagus, spinach, green beans, leeks and other alliaceous vegetables, sweet potatoes, mushrooms and truffles, pulses, nes, leguminous vegetables, nes, beans (dry), chick peas, roots and tubers, nes, broad beans and horse beans (dry), lentils, cassava, peas (green) and peas (dry) lagged somewhat behind, together comprising a further 52%.

Among the main product categories, cassava, with a CAGR of +34.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.

Export Prices by Country

In 2023, the vegetable price stood at $1,679 per ton (FOB, Spain), picking up by 19% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($2,150 per ton), while the average price for exports to Portugal ($886 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 Denmark (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

  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. 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 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, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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. 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, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    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 Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    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 Of Destination, 2012–2024

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