France: Spinach Market 2024

Spinach Market Size in France

The French spinach market contracted to $X in 2022, which is down by -5.7% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Spinach consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Spinach Production in France

In value terms, spinach production reached $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 23% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of spinach in France contracted modestly to X tons per ha in 2022, reducing by -2.6% compared with 2021. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by 6.8%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average spinach yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of spinach in France expanded modestly to X ha, increasing by 3.5% compared with 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 20%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the spinach harvested area remained at a somewhat lower figure.

Spinach Exports

Exports from France

Spinach exports from France soared to X tons in 2022, rising by 94% against the previous year. Overall, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spinach exports surged to $X in 2022. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 86%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for spinach exports from France, with a 71% share of total exports. Moreover, spinach exports to Belgium exceeded the volume sent to the second major destination, the UK (X tons), ninefold. The third position in this ranking was held by Switzerland (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.1% per year) and Switzerland (+18.3% per year).

In value terms, Switzerland ($X), the UK ($X) and Belgium ($X) appeared to be the largest markets for spinach exported from France worldwide, together accounting for 66% of total exports. Spain, Italy, Luxembourg and Germany lagged somewhat behind, together comprising a further 27%.

Italy, with a CAGR of +57.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spinach export price amounted to $X per ton, falling by -24.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 91% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Spinach Imports

Imports into France

In 2022, imports of spinach into France shrank significantly to X tons, which is down by -32.9% against 2021 figures. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 93%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, spinach imports declined to $X in 2022. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 64%. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

Italy (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of spinach imports to France, together comprising 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +22.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Spain ($X) and the Netherlands ($X) appeared to be the largest spinach suppliers to France, together accounting for 94% of total imports.

Italy, with a CAGR of +24.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average spinach import price stood at $X per ton in 2022, surging by 36% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :