Spain: Baby Food Market 2024

Baby Food Market Size in Spain

In 2021, the Spanish baby food market decreased by -77.5% to $X, falling for the second year in a row after two years of growth. Overall, consumption recorded a deep slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Baby Food Production in Spain

In value terms, baby food production declined to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.4% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 58% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Baby Food Exports

Exports from Spain

In 2021, baby food exports from Spain dropped to X tons, shrinking by -6.4% compared with 2020 figures. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 9.8% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, baby food exports fell sharply to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. The exports peaked at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Belgium (X tons), France (X tons) and the UK (X tons) were the main destinations of baby food exports from Spain, with a combined 45% share of total exports. These countries were followed by Italy, Saudi Arabia, Portugal, Finland, Egypt, the Netherlands, Sweden, Algeria and Greece, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +49.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for baby food exported from Spain were Saudi Arabia ($X), France ($X) and the UK ($X), together accounting for 40% of total exports. These countries were followed by Portugal, Egypt, Belgium, Italy, Algeria, the Netherlands, Finland, Sweden and Greece, which together accounted for a further 27%.

Egypt, with a CAGR of +37.8%, recorded the highest growth rate of the value of exports, in terms of 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

The average baby food export price stood at $X per ton in 2021, shrinking by -10.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 17%. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Food Imports

Imports into Spain

In 2021, imports of food preparations for infants into Spain contracted to X tons, which is down by -6.9% on the previous year. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, baby food imports reduced to $X in 2021. Overall, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest baby food supplier to Spain, accounting for a 49% share of total imports. Moreover, baby food imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.2% per year) and Poland (+49.7% per year).

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest baby food suppliers to Spain, together accounting for 69% of total imports. These countries were followed by Denmark, Poland, Ireland and Portugal, which together accounted for a further 27%.

Poland, with a CAGR of +55.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average baby food import price stood at $X per ton in 2021, with a decrease of -7.1% against the previous year. In general, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 4.6% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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