Spain: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Spain

The Spanish market for dried cod, whether or not salted declined slightly to $X in 2019, flattening at the previous year. Overall, consumption continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Production of Dried Cod, Whether Or Not Salted in Spain

In value terms, production of dried cod, whether or not salted totaled $X in 2019 estimated in export prices. Over the period under review, production saw a noticeable curtailment. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

Exports of Dried Cod, Whether Or Not Salted

Exports from Spain

In 2019, approx. X tons of dried cod, whether or not salted were exported from Spain; dropping by -X% compared with the year before. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, exports of dried cod, whether or not salted fell slightly to $X in 2019. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons), France (X tons) and Italy (X tons) were the main destinations of exports of dried cod, whether or not salted from Spain, with a combined X% share of total exports. These countries were followed by the Netherlands and Andorra, which together accounted for a further X 2007 to 2019, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Portugal ($X) and France ($X) were the largest markets for dried cod, whether or not salted exported from Spain worldwide, with a combined X% share of total exports. The Netherlands and Andorra lagged somewhat behind, together comprising a further X terms of the main countries of destination, the Netherlands saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for dried cod, whether or not salted stood at $X per ton in 2019, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dried Cod, Whether Or Not Salted

Imports into Spain

In 2019, purchases abroad of dried cod, whether or not salted decreased by -X% to X tons, falling for the third consecutive year after five years of growth. In general, imports, however, saw notable growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, imports of dried cod, whether or not salted shrank modestly to $X in 2019. Over the period under review, total imports indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018, and then declined in the following year.

Imports by Country

In 2019, Iceland (X tons) constituted the largest dried cod, whether or not salted supplier to Spain, accounting for a X% share of total imports. Moreover, imports of dried cod, whether or not salted from Iceland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Sweden (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Iceland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

In value terms, Iceland ($X) constituted the largest supplier of dried cod, whether or not salted to Spain, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Iceland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

Import Prices by Country

The average import price for dried cod, whether or not salted stood at $X per ton in 2019, increasing by X% against the previous year. Overall, the import price, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Norway ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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