Forecast: Nuts Export Volume in Spain

The volume of nuts exported from Spain has shown a consistent upward trend over the past decade. In 2023, the volume stood at 450 thousand metric tons, reflecting a year-on-year increase of 1.58%. Over the last five years, the Compound Annual Growth Rate (CAGR) has averaged 1.1%, signaling steady growth. Since 2014, there have been notable fluctuations, such as the significant increase of 17.39% in 2015 and a decrease of 8.99% in 2016. From 2017 onwards, the export volume has generally grown steadily, with occasional small declines, culminating in moderate growth rates observed in recent years.

Looking ahead, the forecasted data from 2024 to 2028 suggests continued growth in nut export volumes, with an estimated CAGR of 1.2% over the next five years. By 2028, the export volume is expected to reach 485 thousand metric tons, representing a total forecasted growth rate of 6.13% from 2023 levels.

Future trends to watch for include:

  • Enhanced demand from emerging markets
  • Climate-related factors affecting nut production
  • Technological advancements in agriculture boosting yields
  • Changes in trade policies or tariffs
  • Consumer preferences shifting towards healthier snacks

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