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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.
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).
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).
Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.
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).