The Spanish confectionery and sweet bakery sector was boosted by a surge in chocolate exports last year, according to industry association Produlce.
In total, Spain’s confectioners and bakers saw value sales of their products rise 2.8% in 2015 compared to 2014 levels. Total sector revenue increased to EUR4.6bn (US$5.12bn).
Total export sales rose by 4.1% in the period, increasing to EUR1.2bn. Export sales were boosted by a 15.5% jump in overseas chocolate sales. International cookie sales increased 6.7%, while nougat and marzipan exports were up 9.5%.
This growth helped to offset lower exports of pastries and cakes – which saw “one of the diggest drops in export volume”, down 18% in the year according to Produlce.
Growth of the export segment outpaced domestic sales, where value sales increased at the slower pace of 2.4%, the industry group revealed.
Produlce’s data comprises 59 companies representing approximately 77% of Spanish sweet treat makers.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData