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This report presents an overview of Spain’s soybean and products market. Imports of soybean and soybean products to Spain amount on average to nearly 6 million metric tons (MT) per year. The robust, dynamic, and export-oriented livestock sector drives the country’s feed ingredients demand.
U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.
Spain remains the largest grower of biotech corn in the European Union and a major consumer of genetically engineered soybean meal in animal feed.
Spain is the largest grower of biotech corn in the European Union (EU) and a major consumer of genetically engineered (GE) soybean meal in animal feed.
Dry weather conditions throughout the winter and mild winter and spring temperatures, along with abundant spring precipitation have delayed grain crop development in Spain.
In Fiscal Year (FY) 2017, Spain imported $1.7 billion worth of agricultural, fish and forest products from the United States.
Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).
In Fiscal Year (FY) 2017, Spain imported $1.7 billion worth of agricultural, fish and forest products from the United States.
The increased regular fuel consumption, the higher blending mandate established for 2017 and the fact that duty protection will still prevail at least for the large majority of the calendar year....
Dry weather conditions prevailing throughout the winter grains crop cycle, along with warmer than average spring temperatures have driven down yield expectations in Spain.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).
In Fiscal Year (FY) 2016, Spain imported $2 billion of agricultural, fish and forest products from the United States, up five percent compared to the previous year. As Spain continued its economic...