Insects; Live, Bees Price in Spain - 2023

Contents:

  1. Insects; Live, Bees Price in Spain (CIF) - 2022
  2. Insects; Live, Bees Price in Spain (FOB) - 2022
  3. Insects; Live, Bees Imports in Spain
  4. Insects; Live, Bees Exports in Spain

Insects; Live, Bees Price in Spain (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.1 per unit, waning by -5.4% against the previous year. Over the period under review, the import price, however, posted significant growth. The most prominent rate of growth was recorded in 2014 an increase of 184,184%. The import price peaked at $1.1 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($0.1 per unit), while the price for Belgium ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2,090.9%), while the prices for the other major suppliers experienced a decline.

Insects; Live, Bees Price in Spain (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $0.3 per unit, shrinking by -2.1% against the previous year. Overall, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2019 an increase of 30%. Over the period under review, the average export prices hit record highs at $0.4 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($0.5 per unit), while the average price for exports to Poland ($0.1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+16.7%), while the prices for the other major destinations experienced a decline.

Insects; Live, Bees Imports in Spain

In 2022, after three years of growth, there was significant decline in overseas purchases of insects; live, beeses, when their volume decreased by -24.1% to 36M units. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of 47M units, and then shrank rapidly in the following year.

In value terms, insects; live, bees imports contracted sharply to $3.5M in 2022. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure at $4.8M in 2021, and then fell rapidly in the following year.

Import of Insects; Live, Bees in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/AN/AN/A1.40%
BelgiumN/A1.11.11.10.0%
Netherlands3.82.93.20.6-46.0%
Others0.30.60.60.410.1%
Total4.24.74.83.5-5.9%

Top Suppliers of Insects; Live, Bees to Spain in 2022:

  1. Slovakia (16.5M units)
  2. Belgium (12.9M units)
  3. Netherlands (6.1M units)

Insects; Live, Bees Exports in Spain

In 2022, exports of insects; live, beeses from Spain dropped to 5.8M units, waning by -12.1% against 2021. Over the period under review, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports reached the peak of 6.6M units, and then fell in the following year.

In value terms, insects; live, bees exports reduced to $1.6M in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $1.8M, and then dropped in the following year.

Export of Insects; Live, Bees in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco7668009949316.7%
ItalyN/AN/A19222316.1%
Portugal415447442172-25.4%
United KingdomN/AN/AN/A95.50%
PolandN/AN/A11689.0-23.3%
France71.640.616.713.8-42.2%
Others4.00.140.526.587.8%
Total1,2571,2881,8021,5517.3%

Top Export Markets for Insects; Live, Bees from Spain in 2022:

  1. Morocco (1813.8K units)
  2. Italy (1251.6K units)
  3. Portugal (1212.1K units)
  4. United Kingdom (646.9K units)
  5. Poland (643.8K units)
  6. France (69.8K units)

Source: IndexBox Market Intelligence Platform

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