Spain: Rabbit Meat Market 2024

Rabbit Meat Market Size in Spain

In 2022, the Spanish rabbit meat market increased by 4.1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a noticeable decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Rabbit Meat Production in Spain

In value terms, rabbit meat production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 30%. Rabbit meat production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of rabbit or hare meat in Spain amounted to X kg per head in 2022, flattening at the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 20%. Over the period under review, the average rabbit meat yield reached the maximum level in 2022 and is expected to retain growth in years to come.

The number of animals slaughtered for rabbit meat production in Spain reduced modestly to X heads in 2022, stabilizing at 2021. Over the period under review, the number of producing animals recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 0.8% against the previous year. The number of animals slaughtered for rabbit meat production peaked at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

Rabbit Meat Exports

Exports from Spain

After two years of growth, overseas shipments of rabbit or hare meat decreased by -18.8% to X tons in 2022. Over the period under review, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% 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 +44.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 41%. As a result, the exports reached the peak of X tons, and then fell significantly in the following year.

In value terms, rabbit meat exports fell to $X in 2022. The total export value increased at an average annual rate of +2.2% 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 2021 when exports increased by 43%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Portugal (X tons) was the main destination for rabbit meat exports from Spain, with a 38% share of total exports. Moreover, rabbit meat exports to Portugal exceeded the volume sent to the second major destination, Poland (X tons), threefold. Italy (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+15.2% per year) and Italy (+3.3% per year).

In value terms, Portugal ($X) remains the key foreign market for rabbit or hare meat exports from Spain, comprising 37% of total exports. The second position in the ranking was taken by Italy ($X), with a 10% share of total exports. It was followed by the United States, with an 8.6% 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: Italy (+2.9% per year) and the United States (+76.3% per year).

Export Prices by Country

The average rabbit meat export price stood at $X per ton in 2022, increasing by 6.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Czech Republic (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Rabbit Meat Imports

Imports into Spain

In 2022, supplies from abroad of rabbit or hare meat was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rabbit meat imports surged to $X in 2022. Over the period under review, imports saw a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Portugal (X tons) constituted the largest rabbit meat supplier to Spain, accounting for a 72% share of total imports. Moreover, rabbit meat imports from Portugal exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled +52.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.0% per year) and Italy (+43.0% per year).

In value terms, the largest rabbit meat suppliers to Spain were Portugal ($X), France ($X) and Belgium ($X), with a combined 95% share of total imports.

Portugal, with a CAGR of +44.0%, recorded the highest growth rate of the value of imports, in terms of 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 rabbit meat import price stood at $X per ton in 2022, with a decrease of -34.8% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 37%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 UK ($X per ton), while the price for Portugal ($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 UK (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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