Spain - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanary Seed Price in Spain - 2023
Contents:
- Canary Seed Price in Spain (CIF) - 2023
- Canary Seed Price in Spain (FOB) - 2022
- Canary Seed Imports in Spain
- Canary Seed Exports in Spain
Canary Seed Price in Spain (CIF) - 2023
The average canary seed import price stood at $890 per ton in June 2023, increasing by 1.5% against the previous month. In general, the import price, however, continues to indicate a mild setback. The growth pace was the most rapid in August 2022 an increase of 14% m-o-m. As a result, import price reached the peak level of $1,050 per ton. From September 2022 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Canada ($888 per ton), while the price for the Netherlands totaled $874 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (-1.3%), while the prices for the other major suppliers experienced a decline.
Canary Seed Price in Spain (FOB) - 2022
The average canary seed export price stood at $1,411 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 117% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,605 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($1,681 per ton), while the average price for exports to Lebanon ($1,123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+35.1%).
Canary Seed Imports in Spain
After three years of growth, purchases abroad of canary seed decreased by -3.8% to 11K tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 3.3%. As a result, imports attained the peak of 12K tons, and then reduced slightly in the following year.
In value terms, canary seed imports skyrocketed to $11M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +67.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Canary Seed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.3 | 6.8 | 8.2 | 10.7 | 19.3% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| Netherlands | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Others | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Total | 6.7 | 7.4 | 8.6 | 11.2 | 18.7% |
Top Suppliers of Canary Seed to Spain in 2022:
- Canada (10.7K tons)
- Netherlands (0.2K tons)
- France (0.2K tons)
Canary Seed Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of canary seed, when their volume decreased by -59.7% to 117 tons. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 489% against the previous year.
In value terms, canary seed exports shrank markedly to $165K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 669% against the previous year.
| Export of Canary Seed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 3.5 | 101 | 203 | 81.2 | 185.2% |
| Lebanon | N/A | N/A | N/A | 47.2 | 0% |
| Jordan | N/A | N/A | 40.6 | 28.2 | -30.5% |
| Gibraltar | N/A | 9.9 | 4.3 | 1.2 | -65.2% |
| Morocco | N/A | 12.8 | 18.0 | N/A | 40.6% |
| Azerbaijan | N/A | N/A | 17.4 | N/A | 0% |
| Turkey | 12.0 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 2.9 | 3.8 | 7.5 | 95.7% |
| Total | 16.4 | 126 | 287 | 165 | 115.9% |
Top Export Markets for Canary Seed from Spain in 2022:
- Algeria (48.3 tons)
- Lebanon (42.0 tons)
- Jordan (21.8 tons)
- Gibraltar (1.2 tons)
This report provides an in-depth analysis of the canary seed 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:
- FCL 101 - Canary seed
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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In December 2022, the canary seed price was reported to be $987 per ton (CIF, Spain), showing a decrease of -4.9% compared to the previous month.
266
In January 2023, the price of buckwheat reached $1,390 per ton (CIF, Spain), representing a 9.2% increase compared to the previous month.
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In March 2023, the quinoa price stood at $1,936 per ton (FOB, Spain), reducing by -18.6% against the previous month.
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Global canary seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Despite a small dip in exports in 2014, Canada maintained control of the canary seed market. In 2014, Canada exported X thousand tons of canary seed totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where
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