Read this article in:

Spain: drop of the invoicing in the Spanish animal health industry

Dogs and cats (22.61% of the sector), together with swine (35.37%) and cattle (25.77%) lead the species ranking one year more.

Monday 5 May 2014 (4 years 1 months 14 days ago)

The Spanish animal health and nutrition industry invoiced, globally, in 2013, €1,091.67 million: this represents a 0.13% fall in the national market, affected by the general economic crisis and, especially, by the strong increase of the VAT, that rose from 10 to 21% for all the veterinary services for pets.

The figures show that in Spain the market dropped even more: specifically a 1.97% with respect to the previous year. The figures went from €751.18 million in 2012 to €736.41 million in 2013, whilst the exports, that also suffered, grew reaching €355.26 million (+ 3.90%), but this is far from the 10% growth in 2012.

Whilst in 2012 Dogs and cats (more than €184 million) was the segment with a higher growth with respect to the rest of the species in 2013, and in spite of keeping the third place in the ranking, it is the segment with higher losses: some €17 million as a direct consequence of the excessive increase of the VAT for the veterinary services for these animals, and this caused the total figures in 2013 to be €166.47 million (22.61%).

Dogs and cats (22.61% of the sector), together with swine (35.37%) and cattle (25.77%) lead, one year more, the species ranking, in which, with the exception of Pets, the fluctuations in the rest of the species has been moderate.

Monday April 28, 2014/ Veterindustria-Nota de prensa/ Spain.

Swine news

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

15-Jun-201808-Jun-201801-Jun-201825-May-2018

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here