Spain - Oxirane (Ethylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain's Import of Ethylene Oxide Drops Significantly to $16M in 2023
Spain Ethylene Oxide Imports
In 2023, the amount of oxirane (ethylene oxide) imported into Spain dropped slightly to 12K tons, almost unchanged from 2022. In general, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2019 with an increase of 1,983%. Over the period under review, imports attained the maximum at 12K tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, ethylene oxide imports dropped to $16M (IndexBox estimates) in 2023. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,207%. Over the period under review, imports reached the maximum at $18M in 2022, and then dropped in the following year.
| COUNTRY | Import Value of Ethylene Oxide in Spain (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| France | 5.0 | 3.2 | 0.5 | N/A | 0.1 | N/A | 0.5 | 8.7 | 13.8 | 17.3 | 15.3 |
| Germany | N/A | 0.1 | N/A | N/A | 0.1 | N/A | 0.6 | 4.0 | 0.5 | 0.6 | 0.4 |
| Belgium | 0.1 | 4.2 | 2.6 | 0.8 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 |
| Austria | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.3 | 0.4 | 0.1 | N/A |
| Others | 1.0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | N/A | N/A | N/A | N/A |
| Total | 6.1 | 7.7 | 3.1 | 0.9 | 0.4 | 0.2 | 1.2 | 15.2 | 14.8 | 18.0 | 15.8 |
Imports by Country
In 2023, France (11K tons) was the main supplier of ethylene oxide to Spain, with a 98% share of total imports. It was followed by Germany (191 tons), with a 1.6% share of total imports.
From 2013 to 2023, the average annual growth rate of volume from France totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.4% per year) and Belgium (-11.1% per year).
In value terms, France ($15M) constituted the largest supplier of oxirane (ethylene oxide) to Spain, comprising 97% of total imports. The second position in the ranking was held by Germany ($405K), with a 2.6% share of total imports.
From 2013 to 2023, the average annual growth rate of value from France stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.0% per year) and Belgium (-0.3% per year).
Import Prices by Country
In 2023, the ethylene oxide price amounted to $1,354 per ton (CIF, Spain), declining by -12.3% against the previous year. Overall, the import price showed a perceptible reduction. The growth pace was the most rapid in 2018 when the average import price increased by 93% against the previous year. As a result, import price attained the peak level of $4,287 per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,825 per ton), while the price for France ($1,333 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Austria (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the ethylene oxide 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 20146373 - Oxirane (ethylene oxide)
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
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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
