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Spain - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Mar 20, 2023
Polyurethane Prices in Spain Achieve New Peak at $5,622 per Ton
Spain Polyurethanes Export Price in November 2022
In November 2022, the polyurethanes price amounted to $5,622 per ton (FOB, Spain), growing by 6% against the previous month. Over the period from January 2022 to November 2022, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum in November 2022.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8,385 per ton), while the average price for exports to Colombia ($4,185 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Spain Polyurethanes Exports
In November 2022, exports of polyurethanes in primary forms from Spain shrank to 4.7K tons, waning by -8.9% compared with October 2022. Over the period under review, exports saw a slight decline. The most prominent rate of growth was recorded in September 2022 when exports increased by 17% against the previous month. The exports peaked at 7.1K tons in May 2022; however, from June 2022 to November 2022, the exports failed to regain momentum.
In value terms, polyurethanes exports declined slightly to $26M (IndexBox estimates) in November 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 with an increase of 20% against the previous month. Over the period under review, the exports hit record highs at 34K tons in May 2022; however, from June 2022 to November 2022, the exports failed to regain momentum.
Spain Polyurethanes Exports by Country
Italy (705 tons), Germany (565 tons), and the United States (532 tons) were the main destinations of polyurethanes exports from Spain, with a combined 38% share of total exports. These countries were followed by Portugal, China, the Netherlands, France, Poland, Belgium, the UK, Turkey, Brazil, and Colombia, which together accounted for a further 37%.
From January 2022 to November 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +8.0%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for polyurethanes exported from Spain were the United States ($4.5M), Italy ($3.4M) and Germany ($3.1M), together comprising 42% of total exports.
In terms of the main countries of destination, the United States, with a CAGR of +13.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Here is Why Polyurethanes Prices in Spain Hit a New Record of $5,622 per Ton
The price of polyurethanes has hit a new record in Spain, reaching $5,622 per ton. This increase is due to a combination of factors, including high demand from the construction industry and limited supply due to production issues at some key manufacturing facilities.
Polyurethanes are versatile materials that are used in a wide range of products, from insulation and furniture to automotive components and footwear. They are particularly popular in the construction industry, where they are used in insulation and roofing materials.
The high demand for polyurethanes in construction has been driven by the increase in construction projects across Spain in recent years. This has put pressure on manufacturers to increase production, but some have encountered difficulties, including supply chain disruptions and raw material shortages.
At the same time, there has been an increase in demand for polyurethanes from other sectors, including the automotive industry. This has put additional pressure on supply, exacerbating the price increases.
Industry experts predict that the price of polyurethanes is likely to remain high in the short term, due to the ongoing supply chain issues. However, they are hopeful that the situation will improve as manufacturers work to resolve production issues and increase supply to meet demand.
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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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