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Spaniards spend €100,000 million a year on food and beverages

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The Spanish shopping basket is considered competitive compared with other EU states.

Posted on Jul 04 ,14:31

Spaniards spend €100,000 million a year on food and beverages

The latest Eurostat report shows that the Spanish shopping basket is 5% cheaper than the European average, only bread and cereals overpassing the average by 6%. Oil, meat, non-alcoholic beverages and fish have lower average prices than in the EU, while fruits, vegetables and potatoes are on average.
Prices differ a lot within the EU, with Denmark paying 42% more than the average and its price level is the highest, followed by Luxembourg (27% more), Ireland and Sweden (both 25% more), Finland (22%) and the Kingdom United (17%). At the opposite extreme are Bulgaria (48% below), Romania (52%) and Poland (56%).
Felipe Medina, director of the agrifood chain ASEDAS, believes that there are several reasons for the competitivity of the Spanish shopping basket. "The distribution chain is efficient, we only have to look at Italy, which usually has higher prices, silent nighttime discharge and the variety of products and prices is relevant, in fact, distributors in Spain have 500,000 products to choose from. they between 10,000 and 12,000 go to stores so you can look for the specific buyer profile. The Spaniards spend 100,000 million to eat, of which the third part of them are destined to eat out, a percentage that fell in the crisis", he said.
Spaniards are looking now for healthy, sustainable, easy-to-cook products and the boom is recorded in the prepared salads segment that already accounts for 60 million euros and grows at the rate of 12%.
Also, frozen products are registering a growth of 5.1%, especially salmon (13.2%), cod and blue whiting (11.1%) and hake and whiting (5%). Fish dishes (+ 37.3% in sales), or sushi (+ 12.5%) have become temporary substitutes for fresh fish. Not in vain, the prices of these have gone up with trout (16%), hake and whiting (9.9%), rooster and sole (7.4%) at the top. Cod and fresh salmon are the exceptions, which go down and increase sales, according to La Informacion magazine.
Fresh meat occupies the third place among the foods most consumed by the Spaniards. This is the main data for the meat sector of the Report on food consumption in Spain 2017 presented by Minister Luis Planas, reports CdeComunicacion portal. The foods that suppose a greater volume of the total consumption are the vegetables, with a per capita consumption of 101.2 kg/person/year, followed by the fruit, consumed mainly at home, with 96.4 kg/person/year, and third, fresh meat, with 42.6 kg/ person/year.
The document indicates that the expenditure of the Spaniards in feeding ascended the past year to 102.584 million euros, with a rise of a 3.6% in front of 2015. The 80,4% corresponds to the purchase of foods and the remaining 19,6 % to cold and hot drinks.

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