The market is dominated by foreign suppliers, as imports account for 60.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 78.2% of total demand in 2022. Spain has the sixth largest market size for sugar regionally, with demand reaching USD1.6 billion in 2022. Ab Azucarera Iberia SL is the largest company in Spain, generating 37.5% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 53.7% of total production value in 2022. The total number of companies decreases in 2022, to 46 units. The costs of the industry decrease by 10.9% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 4.9% of production value in 2022, the eighth highest regionally. The industry’s exports share increases in 2022 to 7.5% of total production output. With production value of USD560 million, Spain accounts for 3.1% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Sugar in Spain: ISIC 1542. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sugar in Spain: ISIC 1542 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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