Spain’s food and drinks sector registered growth of between 3 to 5 per cent in 2015, while exports alone grew by 6 per cent to represent a value of €26,000 million.
Mauricio García de Quevedo, General Director of the Federación Española de la Industria de la Alimentación y Bebidas (FIAB), told EfeAgro.com that Spain exports 25 per cent of what it produces.
He added that the industry’s aim is to see 40 per cent being exported by the end of 2020, a goal he describes as becoming more reachable every day.
De Quevedo noted that Alimentaria 2016, and in particular the Food & Drinks Business Meetings that FIAB is organizing, will be of great importance for the sector, as it will help "to motivate internationalisation and innovation among companies."
The biggest exporters within the Spanish food and beverage sector are the meat industry (22 per cent of exports), beverages (10.8 per cent), animal feed (9.7 per cent), oils and fats (9 per cent) and dairy (9 per cent).
These five categories represent almost two thirds of total food and beverages exports and are worth approximately €56,074 million to Spain (adding exports and domestic sales).
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Gabriela Guédez. To subscribe to ESM: The European Supermarket Magazine, click here.