Spain: Sausage Market 2024

Sausage Market Size in Spain

The Spanish sausage market soared to $X in 2021, increasing by 54% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +105.5% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sausage Production in Spain

In value terms, sausage production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a prominent increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Sausage Exports

Exports from Spain

In 2021, exports of sausages and similar products of meat from Spain expanded sharply to X tons, increasing by 9.4% compared with the previous year. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.4% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of 18% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sausage exports rose significantly to $X in 2021. In general, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 15%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of sausage exports from Spain, with a combined 55% share of total exports. Portugal, the Netherlands, Belgium, Poland, Italy, Bulgaria, the Czech Republic and Lebanon lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +19.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sausage exported from Spain were France ($X), the UK ($X) and Germany ($X), with a combined 57% share of total exports. These countries were followed by the Netherlands, Portugal, Belgium, Poland, Italy, the Czech Republic, Bulgaria and Lebanon, which together accounted for a further 21%.

Poland, with a CAGR of +24.0%, recorded the highest rates of growth with regard to 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

In 2021, the average sausage export price amounted to $X per ton, growing by 3.5% against the previous year. Overall, the export price, however, recorded a mild descent. The growth pace was the most rapid in 2020 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Bulgaria ($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 Poland (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Spain

In 2021, approx. X tons of sausages and similar products of meat were imported into Spain; which is down by -5.1% on 2020. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, sausage imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 27% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Romania (X tons) were the main suppliers of sausage imports to Spain, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +18.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sausage suppliers to Spain were Germany ($X), Italy ($X) and Romania ($X), with a combined 69% share of total imports.

In terms of the main suppliers, Romania, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sausage import price amounted to $X per ton, surging by 5.7% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sausage import price increased by +25.7% against 2014 indices. The most prominent rate of growth was recorded in 2014 an increase of 37%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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