Spain

Sales of cooking ingredients and condiments are declining in retail volume terms in 2023 due to several factors. First, with the pandemic over and consumers returning to busy lifestyles away from the home they have less time and desire to cook dishes…

This report provides valuable insights into product innovation in Spain, analysing data from Euromonitor’s Innovation platform. The report covers the Beauty, Health and Home categories, showing the level of new brand and subbrand launch activity.

Retail current value sales of fine wines/champagne and spirits grew by 8% in 2023 to total EUR654 million, as a result of a consumer desire to indulge themselves after the Coronavirus (COVID-19) pandemic. Socialising (at home as well as in the…

Retail volume sales of home audio and cinema continued their long-term decline in 2022, including sales of home cinema and speaker systems, which account for the bulk of retail value sales in the category. Home cinema and speaker systems mainly…

Shelf stable beans continue to drive retail volume growth in shelf stable fruit and vegetables in 2023 with all of the other categories positing declines. Shelf stable beans benefit from their status as staple products in the Spanish diet, with these…

After sales were negatively impacted by inflation in 2022, sales of rice, pasta, and noodles have shown more resilience in terms of volume consumption in 2023. Pasta and rice are included in the basic basket of goods in Spain and continue to be…

The Spanish economy has performed better than anticipated in 2023, despite the challenges posed by high energy costs and the aftermath of the COVID-19 pandemic, with consumption continuing to recover to 2019 levels, boosted by the recovery of travel…

Sauces, dips and condiments packaging volumes returned to slight growth in 2022, stabilising after a couple of years of pandemic-related disruption. Increases were seen for most categories and pack types. In 2022, PET bottles gained pack type share…

Flavoured yogurt, which is the largest category, is seeing declining sales in retail volume terms in 2023. This in turn is leading to a small decrease in sales of yoghurt and sour milk products in 2023. The maturity of the category and generational…

Although the Spanish economy is showing some positive signs compared to the pandemic years, its pace of growth is not as fast as expected, mainly dragged down by global challenges, the energy crisis, elevated inflation and growing interest rates. All…