The sharply increased food prices will cause an unprecedented and general decline in food consumption in 2022

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The sale of meat and fish fell by almost 15%. Pasta, rice and legumes are the products that fall the least. The year ended with consumption 8.8% lower than in the previous period.

Euskaraz irakurri: Elikagaien prezioaren igoerak janari-contsumoaren beherakada orokorra eragin du 2022an

The sharp increase in food prices in 2022 has led to a unprecedented drop in food consumption in Spain as there is registered data. According to the report on food consumption at home, prepared by the Ministry of Agriculture, Fisheries and Food, between October 2021 and October 2022 sales decreased by 8.8% in volume and a 2.5% on billing.

Although the fall in consumption is widespread, what is particularly striking is that sales are shifting to the cheapest products. While pasta and legumes are down by 1.4% and 2.2% respectively, the consumption of meat and fish products has fallen sharply, with a drop of almost 15%. Turnover for meat fell by an average of 12.4% and for fish by 14.7%. For the rest of the products, the decrease in the consumption of vegetables and potatoes is striking, 13.9%, that of milk and derivative products, which is also not evolving favorably (-11.2%), as well as that of oil, 8.5 % less.

Meat

Meat consumption loses its attractiveness because all meat segments are decreasing, frozen meat loses 19.2% of the volume, processed meat by 8.6% and the type of fresh meat is accumulating with a decrease of 13.6%. Within the fresh meat segment, a notable decline for sheep/goat purchases (24.7%), while beef and rabbit meat exceeded a negative variation of 15.0%. Fresh chicken and pork are the most resistant to the decline with 13.8% and 10.0% respectively.

Fish

The fishing sector experienced a strong contraction (14.7%), which was spread to the consumption of fish, both fresh (16.3%) and frozen (13.0%). The consumption of crustaceans/shellfish/molluscs/crustaceans also lost intensity with an unfavorable evolution of 17.1%, while canned fish/molluscs lost 8.7% of the volume.

Dairy, eggs and oil

The dairy sector is also not developing favorably (6.5%). However, it falls below the market decline (8.8%). Households are reducing the consumption of both liquid milk (5.8%) and dairy products (7.4%).

For their part, other basic food products, such as eggs (8.9%) and sugar (16.7%), also declined. The purchase of bread (7.0%) or legumes (2.2%) also did not increase at the end of the moving year in October 2022.

The purchase of oil is reduced (8.5%). However, the 36.4% growth in the average price propelled the growth in olive oil sales by 24.7%. The contraction of the sector is transverse to the two types of oil with the largest participation in the market, namely sunflower oil and olive oil with decreases of 18.3% and 4.2% respectively.

Fresh products

Fresh products are also losing presence in households, with a reduction in the volume of fresh vegetables and potatoes (13.9%), as well as fresh fruit (12.2%). The most negative evolutions occurred in the purchase of peppers, which fell by 17.5%, as well as in the purchase of watermelon, which fell by 25.1%. The decrease in the purchase of lemon, banana, pear, cherry and peach, among others, exceeds the variation by double digits.

Drinks

In terms of beverages, no type manages to improve on the numbers from 12 months ago, highlighting the contraction of wine and derivatives (13.8%). Negative evolution for soft drinks and soft drinks (6.3%), as well as for bottled drinking water (2.8%). Nor did spirits gain in household presence, falling 11.1%, as did beer and cider, with losses of 8.3% and 13.1% respectively.

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Source: EITB

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