Spain: Papaya Market 2024

Papaya Market Size in Spain

The Spanish papaya market declined significantly to $X in 2022, reducing by -16.4% against the previous year. Over the period under review, consumption recorded a abrupt decline. Papaya consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Papaya Production in Spain

In value terms, papaya production amounted to less than $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume decreased by 99.9%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of papayas in Spain totaled less than X kg per ha in 2022, approximately mirroring the previous year. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the papaya harvested area in Spain totaled less than X ha, standing approx. at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern.

Papaya Exports

Exports from Spain

After three years of growth, shipments abroad of papayas decreased by -31.5% to X tons in 2022. Overall, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 67% against the previous year. As a result, the exports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, papaya exports shrank markedly to $X in 2022. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 66% against the previous year. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of papaya exports from Spain, with a combined 66% share of total exports. The UK, Italy, Switzerland, Sweden and Portugal lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +349.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for papayas exports from Spain, comprising 36% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +84.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+30.7% per year) and France (+43.5% per year).

Export Prices by Country

The average papaya export price stood at $X per ton in 2022, with an increase of 16% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 18%. As a result, the export price reached 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 Portugal ($X per ton), while the average price for exports to the UK ($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 Switzerland (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Papaya Imports

Imports into Spain

In 2022, the amount of papayas imported into Spain plummeted to X tons, shrinking by -23.6% against 2021. In general, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, papaya imports contracted rapidly to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by +4.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest papaya supplier to Spain, accounting for a 80% share of total imports. Moreover, papaya imports from Brazil exceeded the figures recorded by the second-largest supplier, Panama (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+963.9% per year) and Portugal (+20.6% per year).

In value terms, Brazil ($X) constituted the largest supplier of papayas to Spain, comprising 89% of total imports. The second position in the ranking was taken by Panama ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (+739.6% per year) and Portugal (+17.2% per year).

Import Prices by Country

In 2022, the average papaya import price amounted to $X per ton, waning by -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 an increase of 16%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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 Brazil ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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