Report Update: May 1, 2024

Spain - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights

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Acrylic Acid Esters Price in Spain - 2023

Acrylic Acid Esters Price in Spain (CIF) - 2023

The average acrylic acid esters import price stood at $2,317 per ton in June 2023, growing by 2% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in December 2022 an increase of 3.7% against the previous month. Over the period under review, average import prices attained the maximum at $3,137 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($3,100 per ton), while the price for China ($1,871 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.3%), while the prices for the other major suppliers experienced a decline.

Acrylic Acid Esters Price in Spain (FOB) - 2023

In June 2023, the average acrylic acid esters export price amounted to $3,207 per ton, with a decrease of -9% against the previous month. In general, the export price showed a perceptible descent. The most prominent rate of growth was recorded in November 2022 an increase of 51% month-to-month. As a result, the export price attained the peak level of $5,661 per ton. From December 2022 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the Netherlands ($5,788 per ton), while the average price for exports to Greece ($1,764 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Acrylic Acid Esters Imports in Spain

After three years of growth, overseas purchases of esters of acrylic acid decreased by -13.2% to 55K tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9%. As a result, imports attained the peak of 63K tons, and then contracted in the following year.

In value terms, acrylic acid esters imports declined to $150M in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports reached the peak of $164M, and then shrank in the following year.

Import of Acrylic Acid Esters in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	52.1	46.7	86.6	76.1	13.5%
France	14.1	12.7	23.7	23.3	18.2%
Belgium	4.3	3.4	8.1	12.6	43.1%
South Korea	10.8	6.5	13.1	11.2	1.2%
Czech Republic	2.1	2.8	5.3	7.3	51.5%
Netherlands	3.3	3.1	8.0	5.4	17.8%
China	1.0	1.3	7.8	3.7	54.7%
South Africa	1.1	0.8	2.7	1.0	-3.1%
Others	6.0	6.4	9.3	9.7	17.4%
Total	94.8	83.7	164	150	16.5%

Top Suppliers of Acrylic Acid Esters to Spain in 2022:

Germany (31.1K tons)
France (7.8K tons)
Belgium (4.8K tons)
Czech Republic (3.2K tons)
South Korea (2.6K tons)
Netherlands (1.6K tons)
China (0.9K tons)
South Africa (0.4K tons)

Acrylic Acid Esters Exports in Spain

After three years of growth, overseas shipments of esters of acrylic acid decreased by -32% to 1.5K tons in 2022. In general, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports attained the peak of 2.2K tons, and then dropped notably in the following year.

In value terms, acrylic acid esters exports dropped rapidly to $6.6M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports attained the peak of $8.6M, and then reduced notably in the following year.

Export of Acrylic Acid Esters in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,079	1,007	2,777	2,564	33.4%
Italy	984	1,305	1,986	1,846	23.3%
France	880	947	1,821	682	-8.1%
United Arab Emirates	1.2	0.5	5.1	394	589.9%
United Kingdom	148	309	646	258	20.4%
Turkey	110	223	372	210	24.1%
Netherlands	4.1	26.6	142	194	261.7%
Algeria	407	271	N/A	N/A	-33.4%
Others	172	173	817	407	33.3%
Total	3,785	4,262	8,566	6,556	20.1%

Top Export Markets for Acrylic Acid Esters from Spain in 2022:

Germany (643.7 tons)
Italy (370.9 tons)
France (164.3 tons)
United Arab Emirates (109.6 tons)
Turkey (63.0 tons)
Netherlands (38.9 tons)
United Kingdom (34.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023