Key Market Indicators
Spain's dairy products production is expected to decline slightly over the next five years. Projections indicate that production will drop to approximately €9.3 billion by 2028, down from €9.36 billion in 2023. This represents a minimal annual decrease of 0.1%. Since 2013, Spanish dairy supply has seen negligible annual changes. Despite this stability, Spain ranked sixth globally in 2023, with the United Kingdom leading at €9.36 billion. Germany, Italy, and the Netherlands followed in second, third, and fourth places, respectively. Similarly, sales of Spanish dairy products are also projected to experience a slight decline. Sales are anticipated to fall to around €9.5 billion by 2028, a decrease from €9.63 billion in 2023. This translates to an average annual decline of 0.2%. The Spanish dairy market has been shrinking by an average of 0.3% annually since 2013. In 2023, Spain held the sixth spot in the global rankings, with the United Kingdom surpassing it at €9.63 billion. Germany, Italy, and the Netherlands held the second, third, and fourth positions, respectively.
