Browse Data and Analysis

After an exceptional year in sales in 2020, the Spanish retail sector is becoming increasingly competitive, while trying to find a balance between high input costs and improved efficiency, during a period of high inflation that once again gives price the leading role in purchasing decisions.

Competition by other crops continues to force Spain’s fodder area down. In MY 2022/23 the dry spring is anticipated to have negatively affected yields in non-irrigated land. On the processor side, energy prices will keep forcing margins down.

During the first quarter of 2020, Spanish data shows a significant drop in wine sales to the domestic and international markets.

In 2019, the U.S. exported $1.9 billion in agricultural, seafood and forest products to Spain.