World Grain - May 2022 - 16

COUNTRY FOCUS
KEY FACTS
FOCUS ON
SPAIN
Large-scale livestock industry is
major consumer of grains
by Chris Lyddon
Spain's domestic consumption of flour is growing, but much
of the focus of its grains sector is on supplying a large-scale
livestock industry. However, pandemic restrictions and changing
demand for meat exports have affected consumption, particularly
of higher-value products.
In its March 17 Grain Market Report, the International
Grains Council (IGC) put Spain's 2021-22 grains production
at 23.8 million tonnes, down from 25.4 million the previous
year. The total includes 8.2 million tonnes of wheat, up from
7.8 million in 2020-21. Corn production was an unchanged 4.2
million tonnes. Barley output was 8.9 million tonnes, down
from 10.9 million the year before. Rye production is put at
300,000 tonnes, down from 400,000. Spanish output of durum
wheat is put at 700,000 tonnes, down from 800,000 the
year before.
The European Grain Trade Organization COCERAL, in forecasts
issued in March, forecast Spain's total grains production
in 2022 at 20.998 million tonnes, compared with
23.055 million in 2021. That includes 6.12
million tonnes of soft wheat (previous
year was 7.308 million), 765,000
tonnes of durum, up from 728,000
the year before, 8.159 million
tonnes of barley, compared
with 2021's 8.966 million.
COCERAL put Spanish corn
production in 2022 at 3.621
million tonnes, up from
3.739 million, with rye output
at 293,000 tonnes, down
from 302,000, the crop of
oats at 1.253 million tonnes,
down from 1.191 million and
the triticale crop at 762,000
tonnes, down from 793,000.
Spain's sorghum production is
forecast unchanged at 27,000 tonnes.
16
Capital: Madrid
Population: 47,163,418 (2022 est.)
Religions: Roman Catholic 58.2%, atheist 16.2%,
agnostic 10.8%, other 2.7%, non-believer 10.5%,
unspecified 1.7% (2021 est.).
Location: Southwestern Europe, bordering the
Mediterranean Sea, North Atlantic Ocean, Bay
of Biscay, and Pyrenees Mountains; southwest of
France.
Government: Parliamentary constitutional monarchy.
Chief of state: King Felipe VI (since June
19, 2014); head of government: President Pedro
Sanchez Perez-Castejon (since June 2, 2018).
Economy: After a prolonged recession that began
in 2008 in the wake of the global financial crisis,
Spain marked the fourth full year of positive
economic growth in 2017, with economic activity
surpassing its pre-crisis peak, largely because
of increased private consumption. The financial
crisis of 2008 broke 16 consecutive years of economic
growth for Spain, leading to an economic
contraction that lasted until late 2013. In that
year, the government successfully shored up its
struggling banking sector - heavily exposed to
the collapse of Spain's real estate boom - with
the help of an EU-funded restructuring and recapitalization
program. The unemployment rate
rose from a low of about 8% in 2007 to more
than 26% in 2013, but labor reforms prompted
a modest reduction to 16.4% in 2017. High unemployment
strained Spain's public finances,
as spending on social benefits increased while
tax revenues fell. Spain's budget deficit peaked
at 11.4% of GDP in 2010, but Spain gradually reduced
the deficit to about 3.3% of GDP in 2017.
Public debt has increased substantially - from
60.1% of GDP in 2010 to nearly 96.7% in 2017.
Strong export growth helped bring Spain's current
account into surplus in 2013 for the first time
since 1986 and sustain Spain's economic growth.
Increasing labor productivity and an internal devaluation
resulting from moderating labor costs
and lower inflation have improved Spain's export
competitiveness and generated foreign investor
interest in the economy, restoring FDI flows.
Spain's borrowing costs are dramatically lower
since their peak in mid-2012.
GDP per capita: $36,200 note: data are in 2017
dollars (2020 est.); inflation: 0.7% (2019 est.); unemployment:
14.13% (2019 est.).
Currency: Euros (EUR): 0.93 euros equal 1 US
dollar (April 19, 2022).
Exports: $392.85 billion note: data are in current
year dollars (2020 est.): cars and vehicle parts, refined
petroleum, packaged medicines, delivery
trucks, clothing and apparel (2019).
Imports: $373.67 billion note: data are in current
year dollars (2020 est.): crude petroleum, cars
and vehicle parts, packaged medicines, natural
gas, refined petroleum (2019).
Agriculture: 2.6% (2017 est.) of GDP and 4.2% of
the labor force.
Internet: Code: .es; 42.54 million (2021 est.) users.
Source:
CIA World Factbook
May 2022 / World Grain / World-Grain.com
http://www.World-Grain.com

World Grain - May 2022

Table of Contents for the Digital Edition of World Grain - May 2022

World Grain - May 2022 - Intro
World Grain - May 2022 - 1
World Grain - May 2022 - 2
World Grain - May 2022 - 3
World Grain - May 2022 - 4
World Grain - May 2022 - 5
World Grain - May 2022 - 6
World Grain - May 2022 - 7
World Grain - May 2022 - 8
World Grain - May 2022 - 9
World Grain - May 2022 - 10
World Grain - May 2022 - 11
World Grain - May 2022 - 12
World Grain - May 2022 - 13
World Grain - May 2022 - 14
World Grain - May 2022 - 15
World Grain - May 2022 - 16
World Grain - May 2022 - 17
World Grain - May 2022 - 18
World Grain - May 2022 - 19
World Grain - May 2022 - 20
World Grain - May 2022 - 21
World Grain - May 2022 - 22
World Grain - May 2022 - 23
World Grain - May 2022 - 24
World Grain - May 2022 - 25
World Grain - May 2022 - 26
World Grain - May 2022 - 27
World Grain - May 2022 - 28
World Grain - May 2022 - 29
World Grain - May 2022 - 30
World Grain - May 2022 - 31
World Grain - May 2022 - 32
World Grain - May 2022 - 33
World Grain - May 2022 - 34
World Grain - May 2022 - 35
World Grain - May 2022 - 36
World Grain - May 2022 - 37
World Grain - May 2022 - 38
World Grain - May 2022 - 39
World Grain - May 2022 - 40
World Grain - May 2022 - 41
World Grain - May 2022 - 42
World Grain - May 2022 - 43
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World Grain - May 2022 - 45
World Grain - May 2022 - 46
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World Grain - May 2022 - 50
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World Grain - May 2022 - 75
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https://digital.world-grain.com/sosland/wg/world-grain-december-2021
https://digital.world-grain.com/sosland/wg/-world-grain-november-2021
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https://digital.world-grain.com/sosland/wg/world-grain-september-2021
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https://digital.world-grain.com/sosland/wg/world-grain-may-2021
https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
https://digital.world-grain.com/sosland/wg/world-grain-february-2021
https://digital.world-grain.com/sosland/wg/2021_01_01
https://digital.world-grain.com/sosland/wg/2020_12_01
https://digital.world-grain.com/sosland/wg/2020_11_01
https://digital.world-grain.com/sosland/wg/2020_10_01
https://digital.world-grain.com/sosland/wg/2020_09_01
https://digital.world-grain.com/sosland/wg/2020_08_01
https://digital.world-grain.com/sosland/wg/2020_07_01
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https://digital.world-grain.com/sosland/wg/2020_03_01
https://digital.world-grain.com/sosland/wg/2020_02_01
https://digital.world-grain.com/sosland/wg/2020_01_01
https://digital.world-grain.com/sosland/wg/2019_12_01
https://digital.world-grain.com/sosland/wg/2019_11_01
https://digital.world-grain.com/sosland/wg/2019_10_01
https://digital.world-grain.com/sosland/wg/2019_09_01
https://digital.world-grain.com/sosland/wg/2019_08_01
https://digital.world-grain.com/sosland/wg/2019_07_01
https://digital.world-grain.com/sosland/wg/2019_06_01
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https://www.nxtbook.com/sosland/wg/2018_02_01
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https://www.nxtbook.com/sosland/wg/2017_07_01
https://www.nxtbook.com/sosland/wg/2017_06_01
https://www.nxtbook.com/sosland/wg/2017_05_01
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https://www.nxtbook.com/sosland/wg/2017_03_01
https://www.nxtbook.com/sosland/wg/2017_02_01
https://www.nxtbook.com/sosland/wg/2017_01_01
https://www.nxtbook.com/sosland/wg/2016_12_01
https://www.nxtbook.com/sosland/wg/2016_11_01
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https://www.nxtbook.com/sosland/wg/2016_09_01
https://www.nxtbook.com/sosland/wg/2016_08_01
https://www.nxtbook.com/sosland/wg/2016_07_01
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https://www.nxtbook.com/sosland/wg/2016_03_01
https://www.nxtbook.com/sosland/wg/2016_02_01
https://www.nxtbook.com/sosland/wg/2016_01_01
https://www.nxtbook.com/sosland/wg/2015_12_01
https://www.nxtbook.com/sosland/wg/2015_11_01
https://www.nxtbook.com/sosland/wg/2015_10_01
http://digital.world-grain.com/sosland/wg/2015_09_01
http://digital.world-grain.com/sosland/wg/2015_08_01
http://digital.world-grain.com/sosland/wg/2015_07_01
http://digital.world-grain.com/sosland/wg/2015_06_01
http://digital.world-grain.com/sosland/wg/2015_05_01
https://www.nxtbook.com/sosland/wg/2015_04_01
https://www.nxtbook.com/sosland/wg/2015_03_01
https://www.nxtbook.com/sosland/wg/2015_02_01
http://digital.world-grain.com/sosland/wg/2015_01_01
https://www.nxtbook.com/sosland/wg/2014_12_01
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https://www.nxtbook.com/sosland/wg/2013_06_01
https://www.nxtbook.com/sosland/wg/2013_05_01
https://www.nxtbook.com/sosland/wg/2013_04_01
https://www.nxtbook.com/sosland/wg/2013_03_01
https://www.nxtbook.com/sosland/wg/2013_02_01
https://www.nxtbook.com/sosland/wg/2013_01_01
https://www.nxtbook.com/sosland/wg/2012_12_01
https://www.nxtbook.com/sosland/wg/2012_11_01
https://www.nxtbook.com/sosland/wg/2012_10_01
https://www.nxtbook.com/sosland/wg/2012_09_01
https://www.nxtbook.com/sosland/wg/2012_08_01
https://www.nxtbook.com/sosland/wg/2012_07_01
https://www.nxtbook.com/sosland/wg/2012_06_01
https://www.nxtbook.com/sosland/wg/2012_05_01
https://www.nxtbook.com/sosland/wg/2012_04_01
https://www.nxtbook.com/sosland/wg/2012_03_01
https://www.nxtbook.com/sosland/wg/2012_02_01
https://www.nxtbook.com/sosland/wg/2012_01_01
https://www.nxtbook.com/sosland/wg/2011_12_01
https://www.nxtbook.com/sosland/wg/2011_11_01
https://www.nxtbook.com/sosland/wg/2011_10_01
https://www.nxtbook.com/sosland/wg/20111_09_01
https://www.nxtbook.com/sosland/wg/2011_08_01
https://www.nxtbook.com/sosland/wg/2011_07_01
https://www.nxtbook.com/sosland/wg/2011_06_01
https://www.nxtbook.com/sosland/wg/2011_05_01
https://www.nxtbook.com/sosland/wg/2011_04_01
https://www.nxtbook.com/sosland/wg/2011_03_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_01_01
http://digital.world-grain.com/sosland/wg/2010_12_01
http://digital.world-grain.com/sosland/wg/2010_11_01
http://digital.world-grain.com/sosland/wg/2010_10_01
http://digital.world-grain.com/sosland/wg/2010_09_01
http://digital.world-grain.com/sosland/wg/2010_08_01
http://digital.world-grain.com/sosland/wg/2010_07_01
http://digital.world-grain.com/sosland/wg/2010_06_01
http://digital.world-grain.com/sosland/wg/2010_05_01
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