Preserved Anchovies Market Overview in Spain
In value terms, preserved anchovies production dropped to $ in estimated in export prices. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by % against the previous year. Over the period under review, production reached the peak level at $ in 2018; however, from 2019 to , production remained at a lower figure.
The value of the preserved anchovies market in Spain surged to $ in , picking up 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 posted a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.