Spain - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Spain - 2023
Contents:
- Glucose Price in Spain (CIF) - 2023
- Glucose Price in Spain (FOB) - 2023
- Glucose Imports in Spain
- Glucose Exports in Spain
Glucose Price in Spain (CIF) - 2023
In September 2023, the average glucose import price amounted to $1,051 per ton, reducing by -2% against the previous month. In general, import price indicated a measured expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose import price increased by +1.4% against July 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 44% m-o-m. The import price peaked at $1,230 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($1,439 per ton), while the price for Turkey ($738 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Spain (FOB) - 2023
The average glucose export price stood at $1,462 per ton in September 2023, jumping by 24% against the previous month. Over the period under review, export price indicated tangible growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose export price increased by +26.9% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Germany ($2,002 per ton), while the average price for exports to France ($671 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Glucose Imports in Spain
For the fourth consecutive year, Spain recorded growth in purchases abroad of glucose and glucose syrup, which increased by 15% to 98K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 21%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, glucose imports surged to $75M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Glucose in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 15.3 | 17.1 | 24.1 | 33.7 | 30.1% |
France | 13.1 | 12.9 | 15.6 | 15.8 | 6.4% |
Italy | 1.9 | 3.2 | 2.6 | 4.8 | 36.2% |
Portugal | 0.7 | 1.1 | 1.4 | 4.5 | 85.9% |
Netherlands | 1.9 | 2.2 | 2.3 | 4.3 | 31.3% |
Bulgaria | 1.7 | 1.3 | 1.9 | 2.8 | 18.1% |
Germany | 1.3 | 1.5 | 1.8 | 2.0 | 15.4% |
Others | 1.7 | 1.6 | 2.7 | 6.8 | 58.7% |
Total | 37.6 | 41.0 | 52.3 | 74.6 | 25.7% |
Top Suppliers of Glucose to Spain in 2022:
- Belgium (52.1K tons)
- France (21.2K tons)
- Italy (5.9K tons)
- Portugal (5.5K tons)
- Netherlands (5.2K tons)
- Bulgaria (3.5K tons)
- Germany (1.5K tons)
Glucose Exports in Spain
In 2022, glucose exports from Spain contracted markedly to 50K tons, which is down by -18.4% compared with 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 61K tons, and then dropped dramatically in the following year.
In value terms, glucose exports declined to $40M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of $42M, and then contracted in the following year.
Export of Glucose in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.7 | 8.5 | 16.5 | 13.2 | 7.2% |
Germany | 3.7 | 3.5 | 4.2 | 5.6 | 14.8% |
Netherlands | 2.3 | 2.2 | 3.3 | 5.0 | 29.5% |
Portugal | 2.9 | 2.2 | 2.9 | 4.7 | 17.5% |
Italy | 2.2 | 2.0 | 4.4 | 2.5 | 4.4% |
Sweden | 1.4 | 1.2 | 1.5 | 1.0 | -10.6% |
United States | 2.6 | 0.8 | 1.5 | 0.4 | -46.4% |
Others | 4.5 | 5.9 | 8.2 | 7.5 | 18.6% |
Total | 30.2 | 26.3 | 42.5 | 39.8 | 9.6% |
Top Export Markets for Glucose from Spain in 2022:
- France (22.6K tons)
- Netherlands (6.7K tons)
- Portugal (5.3K tons)
- Germany (4.8K tons)
- Italy (2.6K tons)
- Sweden (0.8K tons)
- United States (0.4K tons)
This report provides an in-depth analysis of the glucose market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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