Spain - Country Commercial Guide
Agricultural Sectlor

This is a best prospect industry sector for Spain, including a market overview and trade data.

Last published date: 2022-07-29

Following are several best prospects within the Spanish agriculture sector, including a market overview and trade data.

Seafood

Overview

Table: Total Market Size for Seafood 2019 - 2022 Est.

 

2019

2020

2021

2022

(estimate)

Total Market Size

8,688,435

8,325,533

8,743,997

9,000,000

Total Local Production

5,200,000

5,225,000

5,200,000

5,500,000

Total Exports

3,600,477

3,240,110

4,287,433

4,500,000

Total Imports

7,088,912

6,340,643

7,831,430

8,000,000

Imports from the U.S.

93,980

86,069

81,607

85,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

Unit: $US thousand.

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)

Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Trade Data Monitor Inc (TDM)
Total Imports:  Trade Data Monitor Inc (TDM)

Imports from U.S.:  Trade Data Monitor Inc (TDM)
Data correspond to HS Code 03 (Fish and Crustaceans, Mollusks and other aquatic Invertebrates).

Spain is an enormous market for fish and seafood. In 2021, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan, and is a net importer of these products. Spain has the largest fish processing industry in Europe and has a high per capita consumption and a high per capita expenditure on fish and seafood products.  Spanish fish and seafood production through commercial fishing and aquaculture is not sufficient to meet domestic demand.  Therefore, imports remain a key element in sustaining the category.  Top sellers from the United States in 2021 include cod, pollock, hake, surimi, lobster, and squid.

Resources

Spanish Ministry of Agriculture, Fisheries and Food   
NOAA Fisheries  “Exporting Seafood to the European Union” (PDF)

NOAA Seafood Inspection Program 

FAS USEU Mission
FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Tree Nuts

Overview

Table: Total Market Size for Tree Nuts 2019 - 2022 Est.

 

 

2019

2020

2021

2022

(estimate)

Total Market Size

2,508,116

2,646,813

2,494,227

2,250,000

Total Local Production

2,443,800

2,476,600

2,450,000

2,200,000

Total Exports

915,991

823,291

896,743

900,000

Total Imports

980,307

993,504

940,970

950,000

Imports from the U.S.

        687,047

711,537

612,730

650,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

Unit: $US thousand

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)

Data Sources:
Total Local Production:  FAS Madrid estimates
Total Exports:  Trade Data Monitor Inc (TDM)
Total Imports:) Trade Data Monitor Inc (TDM)
Imports from U.S.:  Trade Data Monitor Inc (TDM)

Data correspond to HS Code 0802 (Nuts NESOI, Fresh or dried).

Opportunities

Spain is a major import market for tree nuts, and the United States is the primary supplier to the national market. In 2021, Spanish imports of U.S. nuts were valued at USD 613 million, led by shelled almonds, valued at over USD 407 million followed by pistachios and walnuts. In Spain, tree nuts are part of the traditional Mediterranean diet, and consumption is split between the snack food and the ingredient categories. Tree nuts enjoy an excellent image related to health and nutrition.

The U.S. share of the Spanish almond market is expected to remain unchanged at almost 90 percent.  Spain is a major processing and distribution center for California almonds in Europe. The nuts are imported, reprocessed domestically, and then re-exported to third countries. U.S. walnuts, both shelled and in-shell, are also making important in-roads in the Spanish market. Pistachio imports have increased considerably over the last five years and are expected to continue this trend.

Resources

Spanish Ministry of Agriculture, Fisheries and Food

Almond Board of California

California Walnut Commission

American Pistachio Growers

FAS USEU Mission

FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Soybeans

Overview  

Table: Total Market Size for Soybeans 2019 - 2022 Est.

 

2019

2020

2021

2022

(estimate)

Total Market Size

1,227,478

1,306,305

2,029,126

1,996,915

Total Local Production

1,760

1,732

1,830

1,915

Total Exports

9,505

2,486

5,790

5,000

Total Imports

1,235,224

1,307,059

2,033,086

2,000,000

Imports from the U.S.

519,942

388,739

535,900

540,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

 Unit: USD thousands

 Total Market Size = (Total Local Production + Total Imports) – (Total Exports)

 Data Sources:

 Total Local Production: FAS Madrid estimates

 Total Exports: Trade Data Monitor 

 Total Imports: Trade Data Monitor

 Imports from U.S.: Trade Data Monitor

 Data corresponding to Soybeans, (HS Code 1201) Trade Data Monitor

Opportunities

Soybeans in Spain are crushed to obtain soybean meal for the feed industry and soybean oil for the biodiesel industry.  Soybean crushing capacity in Spain amounts to 3.5 million metric tons of beans and takes place in four processing plants managed by two companies located in the ports of Barcelona (two plants), Bilbao and Cartagena.  Crushers tend to use installed capacity at a high level to ensure asset optimization.  Price competitiveness with other suppliers (mostly located in South America) and other oilseeds determines demand for U.S. soybeans in the feed and biofuel markets.  Beyond price competitiveness, EU initiatives to minimize deforestation, fight climate change, and move towards more sustainable food systems, could favor U.S. soybeans against competitors if properly implemented.

Resources

Spanish Ministry of Agriculture, Fisheries and Food

FAS USEU Mission

FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Pulses and Legumes

Overview

Table: Total Market Size for Pulses and Legumes 2019 - 2022 Est.

 

2019

2020

2021

2022 (estimate)

Total Market Size

294,337

302,652

273,514

300,000

Total Local Production

128,000

132,000

130,000

150,000

Total Exports

47,116

57,762

50,271

50,000

Total Imports

213,453

228,414

193,785

200,000

Imports from the U.S.

47,970

48,466

28,569

30,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

Unit: $US thousand dollars

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production:  FAS Madrid estimates
Total Exports:  Trade Data Monitor Inc (TDM)
Total Imports:  Trade Data Monitor Inc (TDM)
Imports from U.S.:  Trade Data Monitor Inc (TDM)
Data correspond to HS Code 0713 (Leguminous Vegetables, Dried Shelled)

Opportunities

Legumes are a fundamental part of the traditional Mediterranean diet. Spain is a net importer and the largest consumer of pulses in the EU.  Dry legumes dominate the market, compared with jarred or canned products; however, canned legumes have registered a steady increase over the years, most likely due to changing eating habits towards ready-to-eat products.  The increased interest in consumption, the plant-based diet trend, and the limited domestic supply of dry beans open opportunities for exporters.  U.S. exports in this market are led by lentils followed by chickpeas. Spanish companies also process and re-export dry edible beans to foreign markets.

Resources

Spanish Ministry of Agriculture, Fisheries and Food

LegumeChef

FAS USEU Mission

FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Cereal

Overview

Table: Total Market Size for Cereals 2019 - 2022 Est.

 

2019

2020

        2021

2022 (estimate)

Total Market Size

6,945,853

9,525,124

9,754,124

12,100,000

Total Local Production

3,797,579

6,949,188

6,344,462

7,000,000

Total Exports

309,959

335,151

342,271

600,000

Total Imports

3,458,232

2,911,087

3,751,932

5,700,000

Imports from the U.S.

81,783

13,213

753

55,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

Unit: $US thousand

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports:  Trade Data Monitor Inc (TDM)
Total Imports:  Trade Data Monitor Inc (TDM)
Imports from U.S.:  Trade Data Monitor Inc (TDM)

Data correspond to HS Code 10 (Cereals)

Opportunities

Depending on the size of the domestic grain crop and feed demand, Spain has an annual grain deficit of 10 to 19 million metric tons (MT).  In 2021, Spain is expected to produce 20 million metric tons of grains, which would lead to approximately 14 million MT of grains imports.  The dynamic Spanish export-oriented livestock sector combined with highly variable grain yields ensure a strong feed ingredients demand.  Bulk commodity trading companies based in Spain are the main gateway to the Spanish feed and food grains market. 

As far as food grains are concerned, U.S. exports of wheat to Spain are losing competitiveness against other origins.  On average, U.S. wheat exports to Spain amount to nearly 55,000 MT every year.  Wheat imports from the United States consist mainly of food grade soft wheat. In contrast to other EU countries, Spain is a net exporter of durum wheat, so durum imports are negligible.

Spain’s total corn imports continue to grow steadily due to increased competitiveness of corn compared to other feed grains.  The phase out of the EU’s 25 percent duty on U.S. corn since January 2022 has opened opportunities for increased U.S. corn sales in Spain.

Resources

Spanish Ministry of Agriculture, Fisheries and Food
FAS USEU Mission
FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Sweet Potato

Overview

Table: Total Market Size Sweet Potatoes 2019 - 2022 Est.

 

2019

2020

2021

2022

 (estimate)

Total Market Size

6,207

4,126

13,073

15,000

Total Local Production

52,172

48,489

49,000

52,000

Total Exports

53,292

56,276

49,211

50,000

Total Imports

7,327

11,913

13,284

13,000

Imports from the U.S.

1,172

2,484

2,138

2,000

Average Exchange Rate:

Euro 1.00: USD 1.00

1.119

1.142

1.183

1.12

Unit: $US thousand

Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Trade Data Monitor (TDM)
Total Imports: Trade Data Monitor (TDM)
Imports from U.S.: Trade Data Monitor (TDM)

Data correspond to HS Code 071420

Opportunities

U.S. sweet potatoes have good sales growth potential in the Spanish market.  Over the last five years, Spain has increased its sweet potato production and imports to respond to growing domestic and EU demand.  Sweet potatoes are seen as a healthy product and a good alternative to potatoes.

In 2021, Spain’s total sweet potato imports grew almost 12 percent, and the United States became the major Spanish sweet potato supplier by value. In 2021, the United States, the Netherlands, and Portugal, were Spain’s major suppliers.  

Resources

Ministry of Agriculture, Fisheries and Food

NC Sweet Potatoes Commission

FAS GAIN Attaché Reports FAS Madrid

FAS Madrid Contact: AgMadrid@fas.usda.gov