The analysis of mustard flour and meal imports to Spain shows a fluctuating trend over the past decade. From 2013 to 2023, the volume saw significant variations, with notable increases in 2018 and stability observed towards the end of this period. Particularly, the year 2023 recorded a 7.92% increase from the previous year, standing at 561.78 thousand kilograms. The import values exhibited a mix of growth and decline, reflecting a Compound Annual Growth Rate (CAGR) of 1.99% over the last five years, indicating moderate overall growth.
Looking forward from 2024 onwards, the forecast suggests a steady upward trajectory with a five-year CAGR of 2.62%, leading to a projected 13.83% growth by 2028. Future trends may be influenced by factors such as changes in consumer preferences, trade policies, and global mustard seed production.
