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Spain - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: May 8, 2023
Plastic Support Price in Spain Slumps 32% to $3,829 per Ton
Spain Plastic Support Export Price in January 2023
In January 2023, the plastic support price amounted to $3,829 per ton (FOB, Spain), reducing by -32% against the previous month. In general, the export price saw a perceptible decline. The pace of growth was the most pronounced in May 2022 an increase of 5.6% against the previous month. The export price peaked at $5,757 per ton in January 2022; however, from February 2022 to January 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2023, the country with the highest price was Italy ($6,458 per ton), while the average price for exports to Portugal ($758 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Plastic Support in Spain (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| Italy | 6,338 | 6,628 | 3,743 | 4,867 | 4,938 | 6,139 | 5,327 | 5,380 | 6,225 | 5,489 | 6,062 | 6,846 | 6,458 |
| France | 5,977 | 6,080 | 6,183 | 5,574 | 5,718 | 5,031 | 6,181 | 5,247 | 6,264 | 5,958 | 6,270 | 6,415 | 6,253 |
| United Kingdom | 8,256 | 7,216 | 7,887 | 8,290 | 6,291 | 6,809 | 8,459 | 8,241 | 6,448 | 6,528 | 5,531 | 7,977 | 6,203 |
| Netherlands | 5,374 | 5,650 | 6,059 | 5,846 | 5,629 | 5,217 | 5,094 | 5,395 | 4,948 | 5,228 | 4,979 | 4,980 | 5,808 |
| Germany | 7,522 | 5,574 | 6,344 | 3,983 | 6,315 | 6,775 | 7,234 | 5,741 | 3,848 | 5,811 | 5,588 | 5,636 | 5,796 |
| South Africa | 5,692 | 5,443 | 3,673 | 4,781 | 4,580 | 4,182 | 4,479 | 3,800 | 3,787 | 4,324 | 4,226 | 4,143 | 4,313 |
| Morocco | 3,741 | 4,323 | 3,604 | 4,206 | 4,098 | 4,101 | 3,954 | 3,740 | 3,746 | 3,666 | 3,688 | 4,122 | 4,116 |
| Portugal | 3,953 | 4,267 | 3,482 | 4,003 | 4,513 | 4,611 | 3,187 | 3,040 | 4,134 | 3,122 | 3,495 | 2,895 | 758 |
| Average | 5,757 | 5,674 | 5,248 | 5,150 | 5,441 | 5,446 | 5,513 | 5,118 | 5,260 | 5,200 | 5,458 | 5,631 | 3,829 |
Spain Plastic Support Export Prices by Type
Average prices varied somewhat for the major types of exported product. In January 2023, the product with the highest price was spools, cops, bobbins and similar supports of plastics ($4,845 per ton), while the average price for exports of plastic stoppers, caps and closures amounted to $3,776 per ton.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for the following types: plastic supports (-2.3%).
Spain Plastic Support Exports
In January 2023, shipments abroad of spools, cops and similar supports of plastics was finally on the rise to reach 8.9K tons after two months of decline. The total export volume increased at an average monthly rate of +4.1% from January 2022 to January 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic support exports soared to $34M (IndexBox estimates) in January 2023. Overall, exports recorded a relatively flat trend pattern.
Spain Plastic Support Exports by Type
Plastic stoppers, caps and closures (8.4K tons) was the largest type of plastic support exported from Spain, with a 95% share of total exports. Moreover, plastic stoppers, caps and closures exceeded the volume of the second product type, spools, cops, bobbins and similar supports of plastics (438 tons), more than tenfold.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of export of plastic stoppers, caps and closures stood at +4.1%.
In value terms, plastic stoppers, caps and closures ($32M) remains the largest type of plastic support exported from Spain, comprising 94% of total exports. The second position in the ranking was taken by spools, cops, bobbins and similar supports of plastics ($2.1M), with a 6.2% share of total exports.
From January 2022 to January 2023, the average monthly growth rate of the export volume of plastic stoppers, caps and closures was relatively modest.
Spain Plastic Support Exports by Country
Portugal (3.4K tons) was the main destination for plastic support exports from Spain, accounting for a 39% share of total exports. Moreover, plastic support exports to Portugal exceeded the volume sent to the second major destination, France (1.4K tons), twofold. Morocco (862 tons) ranked third in terms of total exports with a 9.7% share.
From January 2022 to January 2023, the average monthly growth rate of volume to Portugal totaled +16.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (+0.3% per month) and Morocco (+5.7% per month).
In value terms, France ($8.9M) remains the key foreign market for plastic support exports from Spain, comprising 26% of total exports. The second position in the ranking was taken by Morocco ($3.5M), with a 10% share of total exports. It was followed by Portugal, with a 7.6% share.
From January 2022 to January 2023, the average monthly rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Morocco (+6.6% per month) and Portugal (+1.6% per month).
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
• Prodcom 22221920 - Plastic caps and capsules for bottles
• Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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