Anchovies Market Overview in Spain
In value terms, anchovies production totaled $ in 2018 estimated in export prices. Over the period under review, anchovies production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of % against the previous year. Anchovies production peaked at $ in 2007; however, from 2008 to 2018, production remained at a lower figure.
The revenue of the anchovies market in Spain amounted to $ in 2018, 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). Overall, anchovies consumption continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. In that year, the anchovies market reached its peak level of $. From 2011 to 2018, the growth of the anchovies market remained at a somewhat lower figure.