Spain - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Spain - 2023
Contents:
- Plastic Bag Price in Spain (FOB) - 2023
- Plastic Bag Price in Spain (CIF) - 2023
- Plastic Bag Exports in Spain
- Plastic Bag Imports in Spain
Plastic Bag Price in Spain (FOB) - 2023
The average plastic bag export price stood at $5,272 per ton in August 2023, rising by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 23% month-to-month. The export price peaked in August 2023.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was France ($8,259 per ton), while the average price for exports to Belgium ($2,430 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Price in Spain (CIF) - 2023
In August 2023, the average plastic bag import price amounted to $3,878 per ton, with an increase of 152% against the previous month. Over the period under review, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, plastic bag import price increased by +152.1% against July 2023 indices. The import price peaked at $4,499 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($7,988 per ton), while the price for Vietnam ($1,487 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Exports in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of plastic sacks and bags, which increased by 6.3% to 98K tons in 2022. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, plastic bag exports expanded modestly to $429M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Plastic Bag in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 51.1 | 84.0 | 111 | 71.7 | 12.0% |
| Portugal | 49.8 | 47.9 | 56.5 | 66.7 | 10.2% |
| Italy | 28.4 | 28.8 | 37.3 | 41.5 | 13.5% |
| United Kingdom | 18.7 | 25.6 | 26.6 | 37.8 | 26.4% |
| Germany | 14.6 | 21.3 | 32.6 | 33.9 | 32.4% |
| Netherlands | 15.1 | 17.2 | 20.2 | 26.0 | 19.9% |
| Belgium | 9.8 | 8.6 | 13.4 | 20.9 | 28.7% |
| Morocco | 12.7 | 17.0 | 17.7 | 20.0 | 16.3% |
| Poland | 11.8 | 11.2 | 12.2 | 10.8 | -2.9% |
| United States | 6.8 | 8.3 | 12.3 | 9.6 | 12.2% |
| Ukraine | 2.4 | 2.2 | 1.8 | 8.5 | 52.4% |
| Switzerland | 5.5 | 5.6 | 6.2 | 8.4 | 15.2% |
| Russia | 1.7 | 1.5 | 3.4 | 7.5 | 64.0% |
| Others | 52.5 | 50.3 | 63.7 | 66.2 | 8.0% |
| Total | 281 | 330 | 415 | 429 | 15.1% |
Top Export Markets for Plastic Bag from Spain in 2022:
- Portugal (17.0K tons)
- France (14.0K tons)
- United Kingdom (8.3K tons)
- Germany (8.1K tons)
- Italy (7.3K tons)
- Belgium (6.9K tons)
- Morocco (5.9K tons)
- Netherlands (5.5K tons)
- Poland (3.7K tons)
- Ukraine (2.1K tons)
- United States (2.1K tons)
- Switzerland (2.1K tons)
- Russia (1.7K tons)
Plastic Bag Imports in Spain
In 2022, after three years of growth, there was significant decline in overseas purchases of plastic sacks and bags, when their volume decreased by -11.6% to 110K tons. Overall, imports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 8.7% against the previous year. As a result, imports attained the peak of 125K tons, and then reduced in the following year.
In value terms, plastic bag imports totaled $386M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Plastic Bag in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 90.5 | 86.1 | 97.9 | 97.9 | 2.7% |
| Germany | 35.4 | 36.2 | 40.5 | 42.1 | 5.9% |
| Portugal | 35.6 | 35.6 | 44.9 | 41.2 | 5.0% |
| China | 26.6 | 26.0 | 33.2 | 39.7 | 14.3% |
| France | 48.0 | 39.7 | 44.1 | 39.1 | -6.6% |
| Vietnam | 14.0 | 10.4 | 27.3 | 26.9 | 24.3% |
| Netherlands | 15.5 | 15.5 | 14.8 | 16.4 | 1.9% |
| Turkey | 8.8 | 8.0 | 11.2 | 14.2 | 17.3% |
| Poland | 9.2 | 11.4 | 13.5 | 13.3 | 13.1% |
| Hungary | 8.7 | 8.3 | 9.5 | 8.9 | 0.8% |
| Malaysia | 6.8 | 4.0 | 3.4 | 2.2 | -31.4% |
| Others | 41.2 | 44.4 | 43.2 | 44.3 | 2.4% |
| Total | 340 | 326 | 384 | 386 | 4.3% |
Top Suppliers of Plastic Bag to Spain in 2022:
- Portugal (18.2K tons)
- Germany (15.6K tons)
- Italy (15.3K tons)
- Vietnam (13.2K tons)
- Netherlands (10.3K tons)
- France (8.2K tons)
- China (7.9K tons)
- Turkey (5.2K tons)
- Hungary (3.8K tons)
- Poland (2.3K tons)
- Malaysia (1.1K tons)
This report provides an in-depth analysis of the plastic bag market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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