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The Spanish animal health and nutrition industry grew in 2018

Catalonia still is, one more year, the market leader at a national level, whilst pigs lead the animal species ranking.

14 March 2019
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The Spanish animal health and nutrition industry grew by 6.44% in 2018, this meaning a global invoicing of €1,509.02 versus €1,417.68 in 2017.

The 2018 figures also underline, one tax year more, the continuous and sustained growth of the foreign market, as shown by the growth by 4.80% in 2018, or what is the same, reaching an invoicing of €502 million, this entailing that exports represent one third (33.27%, specifically) of the total invoicing of the sector.

Catalonia leads the national market, invoicing €284.98 million in 2018, this entailing 28.30% of the Spanish invoicing, followed at a distance by Castile and Leon, with €117.92 million, this representing 11.71% of the Spanish total, and the third place is held by Aragon, with €94.46 million (9.3% of the total invoicing).

Pigs lead, one more year, the invoicing in terms of animal species, with €354.12 million that represent 35.71% of the total in this segment, this ultimately reflecting the importance of Spain regarding its pig herd. Spain holds the first place in the European Union, with more than 30 million pigs. Cats and dogs hold the second place, with €278.36 million (27.64% of the animal species market). The third place is held by cattle, with €221.96 million (22.04%).

Pharmaceutical products were the sales leaders in 2018, with €458.01 million, this entailing a rise by 9.97%, and 45.47% of the total product market, whilst the sales of additives and medicated premixes dropped by 6.62%, reaching €123.83 million.

Tuesday, March 12th, 2019/ Veterindustria/ Spain.
http://www.veterindustria.com

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