Spain: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Spain

In 2022, the Spanish mixes and doughs market increased by 22% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a buoyant expansion. Mixes and doughs consumption peaked in 2022 and is expected to retain growth in the immediate term.

Mixes And Doughs Production in Spain

In value terms, mixes and doughs production surged to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant increase. The growth pace was the most rapid in 2018 when the production volume increased by 33% against the previous year. Mixes and doughs production peaked in 2022 and is likely to see gradual growth in years to come.

Mixes And Doughs Exports

Exports from Spain

For the third consecutive year, Spain recorded growth in shipments abroad of mixes and doughs, which increased by 15% to X tons in 2022. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 25%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, mixes and doughs exports soared to $X in 2022. Overall, total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 43% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons) was the main destination for mixes and doughs exports from Spain, with a 49% share of total exports. Moreover, mixes and doughs exports to Portugal exceeded the volume sent to the second major destination, Ireland (X tons), threefold. France (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal totaled +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+156.1% per year) and France (-1.1% per year).

In value terms, Portugal ($X) remains the key foreign market for mixes and doughs exports from Spain, comprising 39% of total exports. The second position in the ranking was taken by the UK ($X), with a 10% share of total exports. It was followed by Ireland, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+42.2% per year) and Ireland (+111.9% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 20%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ireland ($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 the United States (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Spain

Mixes and doughs imports into Spain rose to X tons in 2022, increasing by 4% compared with the year before. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 58%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, mixes and doughs imports expanded notably to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 16% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of mixes and doughs to Spain, accounting for a 47% share of total imports. Moreover, mixes and doughs imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+2.0% per year) and Germany (+1.1% per year).

In value terms, France ($X) constituted the largest supplier of mixes and doughs to Spain, comprising 43% of total imports. The second position in the ranking was taken by Portugal ($X), with an 11% share of total imports. It was followed by Germany, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-6.6% per year) and Germany (-0.9% per year).

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, with an increase of 5.3% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of 53% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Portugal ($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 (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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