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June
15/06/2018

Spanish confectionery exports set new record

Wiki Spanish Food editorial team

Spain's confectionery sector continues to strengthen its position as an economic driver in the country's main industry, i.e. food and drink, ranking sixth, according to the 2017 Annual Report from the Spanish Confectionery Association (Produlce), which highlights the sector's main data for the year in the following categories: Candy and Gum, Chocolate and Chocolate Products, Cookies, Pastries and Bread, and Turron and Marzipan.

Data for 2017 reflects the popularity of products with more added value among Spaniards and the outstanding performance of exports.

Olga Martínez, the President of Produlce, noted that production in Spain amounted to 880,000 MT, up 0.7% compared with 2016, despite population stagnation in Spain. In terms of value, that growth doubled (+1.4%) to 3.545 billion euros. Consumption per person remains steady and amounts to 24.34 kg per person per year across all categories.

According to that same report, exports increased by 7.4% in terms of volume and 5.4% in terms of value, enabling the sector to export more than half a million tons for the first time ever, with revenues of 1.301 billion euros.

Almost 37% of production is exported. The slight decline in import penetration makes Spanish confectionery a leading sector with a strong trade balance, with twice as many exports as imports.

With regard to foreign markets, exports to the US advanced spectacularly in 2017, with the most growth in absolute terms and growth of 28.4% with respect to 2016. Despite uncertainty regarding Brexit, exports to the UK also performed well (+12% to 52,083 MT). Other countries also stood out, such as Italy (+14.6% to 33,487 MT), the Netherlands (+34.4% to 10,895 MT), Poland (+54.4% to 7,101 MT) and Sweden (+167% to 4,232 MT).

The implementation of technical and trade barriers in certain countries outside of the European Union is having a noticeable impact. Exports to Algeria slipped by almost 20%, and those to China exceeded 30%.

However, within this context we see the sector's internationalization and its ability to react, as those impacts are offset by increased exports to Morocco (+211%), Mauritius (+26%), Australia (+21%), Jordan (+21%) and Cuba, as well stronger positions in other important countries such as Israel (+4.5%) and Canada (+12.3%). The gains from all of these markets amount to an extra 10,066 MT sold in 2017, compared with 2016.

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