Spain - Commercial Guide
Agricultural Sectlor

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

Last published date: 2020-08-07

Seafood

Overview

Spain

2017

2018

2019

2020*

Total Market Size

8,643,598

8,852,031

8,530,235

8,510,000

Total Local Production

5,200,000

5,225,000

5,200,000

5,210,000

Total Exports

3,573,784

3,934,708

3,518,812

3,500,000

Total Imports

7,017,382

7,661,739

6,849,047

6,800,000

Imports from the U.S.

102,817

100,905

93,988

93,000

Average Exchange Rate: Euro1.00:USD1.00

1.1297

1.1810

1.1195

1.1182

*Estimate

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 corresponds to HS Code 03 (Fish and Crustaceans
, Mollusks and other aquatic Invertebrates).

Spain is an enormous market for fish and seafood. In 2019, Spain was the fourth largest importer of fish and seafood in the world and is a net importer of these products, after the United States, China and Japan. 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.  Furthermore, Spanish fish and seafood production through commercial fishing and aquaculture is not sufficient to meet domestic demand and imports thus remain a key element in sustaining the category.  Top sellers from the United States in 2019 include cod, hake, surimi, albacore tuna, salmon and squid.

Resources

Ministry of Agriculture, Fisheries and Food  

NOAA Fisheries “How to export seafood to the European Union”

NOAA Seafood Inspection Program 

FAS USEU Mission

FAS GAIN Attaché Reports

FAS Madrid Contact: AgMadrid@fas.usda.gov

Tree Nuts

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

Overview

Spain

2017

2018

2019

2020*

Total Market Size

2,476,536

3,174,476

3,058,337

3,065,000

Total Local Production

2,312,366

3,040,532

2,986,055

3,000,000

Total Exports

712,219

802,556

904,023

925,000

Total Imports

876,389

936,500

976,305

990,000

Imports from the U.S.

594,613

654,677

686,801

690,000

Average Exchange Rate - Euro 1 : USD 1

1.1297

1.1810

1.1195

1.1182

*Estimate

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 corresponds 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 2019, U.S. exports of nuts to Spain were USD 799 million, led by shelled almonds, valued at over USD 581 million followed by pistachios and walnuts. In Spain, tree nuts are part of the traditional Mediterranean diet and with consumption 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 about 90 percent.  Spain is a major processing and distribution center for California almonds in Europe. The nuts are imported and reprocessed domestically to then re-export them to third countries. U.S. walnuts, both shelled and in-shell are also making important inroads in the Spanish market. Pistachio imports have considerably increased over the last 5 years and are expected to continue this trend.

Resources

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

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

Overview  

 

2017

2018

2019

2020*

Total Market Size

1,353,321

1,341,767

1,205,111

1,197,700

Total Local Production

1,800

1,683

1,755

1,700

Total Exports

7,253

5,395

4,523

4,000

Total Imports

1,358,773

1,345,479

1,207,880

1,200,000

Imports from the U.S.

272,850

438,479

496,555

426,700

Average Exchange Rate – Euro 1 : USD 1

1.1297

1.181

1.1195

1.1182

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 consists 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 in order to ensure assets 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.  However, beyond price competitiveness, initiatives to minimize the EU’s contribution to deforestation, could increase up market opportunities for U.S. soybeans in Spain.

Resources

Resources

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

FAS Madrid Contact: AgMadrid@fas.usda.gov

Pulses and Legumes

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

Overview

Spain

2017

2018

2019

2020*

Total Market Size

666,665

1,006,434

622,914

760,000

Total Local Production

515,510

741,701

456,487

597,000

Total Exports

53,593

52,014

46,912

47,000

Total Imports

204,748

316,747

213,339

210,000

Imports from the U.S.

62,025

50,462

47,970

47,000

Average Exchange Rate-Euro1: USD 1

1.1297

1.1810

1.1195

1.1182

*Estimate

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 corresponds 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 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 chick peas. Furthermore, Spanish companies also process and re-export dry edible beans to foreign markets.

Resources

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

FAS Madrid Contact: AgMadrid@fas.usda.gov

Cereal

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

Overview

Spain

2017

2018

2019

2020*

Total Market Size

6,150,574

8,497,947

8,150,000

8,035,000

Total Local Production

3,297,206

5,227,017

4,012,024

5,460,000

Total Exports

425,864

512,783

516,640

425,000

Total Imports

3,279,232

3,785,455

3,674,269

3,000,000

Imports from the U.S.

56,470

346,958

86,057

50,000

Average Exchange Rate – Euro1: USD 1

1.1297

1.1810

1.1195

1.1182

*Estimate

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 corresponds 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 between 10 and 19 million metric tons.  In 2019, Spain produced less than 20 million metric tons of feed, which boosted import needs.  The dynamic Spanish export-oriented livestock sector ensures 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 in 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.  However, since June 2018, when the EU imposed a 25 percent duty, U.S. corn, imports are virtually zero. 

Resources

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

FAS Madrid Contact: AgMadrid@fas.usda.gov

Pork Meat

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

Overview

Spain

2017

2018

2019

2020*

Total Market Size

6,426,185

5,780,933

5,600,994

5,570,000

Total Local Production

10,695,414

10,238,930

11,141,816

11,280,000

Total Exports

4,627,593

4,754,568

5,831,106

6,000,000

Total Imports

358,364

296,571

290,285

290,000

Imports from the U.S.

28

89

129

100

Average Exchange Rate – Euro1: USD 1

1.1297

1.1810

1.1195

1.1182

*Estimate

$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 corresponds to HS Code 0203 and 0210

Opportunities

In 2019, the presence of African Swine Fever (ASF) in China raised demand for Spanish pork meat by 210 percent compared to the previous year and valued at $1.2.  In response to new international and domestic demand, Spanish hog supplies tightened and pushed pork prices by 40 percent during 2019.  Spanish hog producers, slaughterhouses, and export companies have benefited from these developments.  However, Spanish pork processors dependent on raw material are taking proactive steps to keep above water by actively looking for direct suppliers of U.S. pork (ractopamine free).   Spain imports three percent from non-EU suppliers, mainly from New Zealand, Norway, China, and Chile.

Resources

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

FAS Madrid Contact: AgMadrid@fas.usda.gov

Sweet Potato

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

Overview

Spain

2017

2018

2019

2020*

Total Market Size

35,791

27,896

7,738

3,095

Total Local Production

66,274

65,495

52,172

49,595

Total Exports

32,679

41,705

52,301

55,000

Total Imports

2,195

4,106

7,327

8,500

Imports from the U.S.

75

416

1,172

1,500

Average Exchange Rate – Euro 1: USD 1

1.1297

1.1810

1.1195

1.1182

*Estimate

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 corresponds to HS Code 071420

Opportunities

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

In 2019, Spain’s total sweet potatoes imports grew almost 80 percent.  In 2019, the Netherlands, Portugal, and the United States became the major suppliers surpassing traditional shipments from France, the United Kingdom, and Honduras.   Spanish imports of U.S. sweet potato increased 182 percent last year, accounting for 16 percent of Spain’s total imports of sweet potato. During the first quarter of 2020, the United States became the first sweet potato supplier to Spain. 

Resources

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

FAS Madrid Contact: AgMadrid@fas.usda.gov