Spain

Spain performs well in the Sustainability Index, leading in food provision and organic farming, yet facing draining water reserves. The country aims to fully utilise green energy by 2050 and is working on further lowering its reliance on fossil…

After many years of retail volume and current value decline, yoghurt and sour milk products turned to growth in 2020. Spaniards spent more time at home due to the COVID-19 pandemic and therefore consumed more yoghurt, which led to an increased shelf…

Other dairy saw several years of retail volume and current value decline prior to the COVID-19 pandemic. However, in 2020 retail sales returned to strong growth. The temporary closure of outlets such as bars, cafés and restaurants to stop the spread…

After seeing many years of retail volume decline, drinking milk products returned to growth in 2020, and this is set to continue in 2021, along with dynamic current value growth. The strong performance in 2020 can partly be attributed to the closure…

Cheese saw a jump in its retail volume and current value growth rates in 2020, and this trend is set to continue in 2021. Positive evolution has been seen due to COVID-19, as consumers have been spending more time at home cooking, and use various…

A year of exceptional retail volume and current value growth was seen for butter and spreads in 2020, mainly due to the move of sales from foodservice to retail due to COVID-19 restrictions, such as the closure of foodservice outlets, and home…

Baby food has suffered retail volume and current value declines for many years, due to the low birth rate in Spain. Another factor contributing to decline in 2020 was the COVID-19 crisis and its economic impact, with this also likely to continue to…

The briefing examines the global development of the EV industry. It breaks down the analysis into three key pillars: EV industry overview, EV charging industry and EV battery industry. Each section seeks to shed light on the dominant trends,…

Spain’s heavy reliance on tourism, with the country being one of the most popular travel destinations globally, has meant that the impact of COVID-19 on the Spanish travel industry in 2020 and 2021 has been severe. It saw a disastrous performance in…

Domestic travel is expected to continue to dominate travel in Spain in 2021 in terms of both number of trips and expenditure, as was the case in 2020. Until mid-May 2021, when the state of emergency related to COVID-19 was lifted, Spaniards were…

Travel intermediaries suffered a significant decline in 2020 as a result of restrictions on travel due to COVID-19, and although a rebound to growth is expected in 2021, sales will remain less than half of those seen pre-pandemic. In addition, the…

Hotels saw sales plummet in 2020, as the state of emergency in Spain resulted in the closure of international borders and almost all lodging establishments for tourists. In 2021, hotels is expected to see a strong rebound in current value terms,…

In 2020, COVID-19 severely affected travel in Spain, with the closure of borders, national lockdown, home seclusion and travel restrictions greatly reducing the need for car rental. It is estimated that 85% of the business of the Spanish car rental…

Airlines has been significantly affected by the outbreak of COVID-19. With fleets grounded and flight schedules put on hold during lockdown in Spain, passenger numbers and value sales plummeted in 2020. Airlines cautiously and gradually resumed their…

The global 2021 real GDP growth baseline forecast has remained roughly unchanged over the last quarter at 5.8% and real GDP growth of 4.7% in 2022. The stable 2021 global outlook combines major upwards revision to the Eurozone, Brazil and Mexico…

Having declined sharply during 2020 as a result of both the economic shock of the pandemic and the restrictions on movement that it brought in its wake, the rate of growth in retail current value sales of wearable electronics will accelerate during…

Wireless speakers increasingly dominate retail volume sales of portable players in Spain. They are relatively cheap and very portable – they are easy to move from room to room and can be used both inside and outside. They are particularly popular…

Retail volume sales of smartphones declined throughout the review period, with most purchases increasingly made for the purpose of replacement. Local consumers are upgrading their smartphones more often, with the replacement cycle for these devices…

Retail volume sales of in-car entertainment have been in decline for well over a decade in Spain. This is because a growing number of local consumers are using their smartphones for navigation and entertainment in their cars. Demand was particularly…

Retail volume sales of imaging devices are in long-term decline in Spain. Increasingly ubiquitous, smartphones are used by a growing number of local consumers for taking photos and recording video. While most smartphone cameras may be inferior to…