Frozen Fruit Market Overview in Spain
In value terms, frozen fruit production stood at $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2012 to 2018, production growth remained at a somewhat lower figure.
The revenue of the frozen fruit market in Spain rose rapidly to $ in 2018, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2011; however, from 2012 to 2018, consumption remained at a lower figure.