Spain - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Spain - 2023
Contents:
- Adipic Acid Price in Spain (CIF) - 2023
- Adipic Acid Price in Spain (FOB) - 2023
- Adipic Acid Imports in Spain
- Adipic Acid Exports in Spain
Adipic Acid Price in Spain (CIF) - 2023
The average adipic acid import price stood at $1,713 per ton in June 2023, declining by -5.5% against the previous month. In general, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 17% against the previous month. Over the period under review, average import prices hit record highs at $2,453 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($2,416 per ton), while the price for the Netherlands ($1,370 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 Germany (-0.9%), while the prices for the other major suppliers experienced a decline.
Adipic Acid Price in Spain (FOB) - 2023
The average adipic acid export price stood at $3,657 per ton in June 2023, picking up by 3% against the previous month. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in January 2023 an increase of 15% against the previous month. The export price peaked at $4,349 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were France ($4,181 per ton) and Germany ($4,062 per ton), while the average price for exports to the UK ($3,160 per ton) and Italy ($3,315 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.4%), while the prices for the other major destinations experienced a decline.
Adipic Acid Imports in Spain
In 2022, adipic acid imports into Spain reduced rapidly to 45K tons, which is down by -20.6% on the previous year's figure. Overall, imports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports reached the peak of 56K tons, and then contracted significantly in the following year.
In value terms, adipic acid imports totaled $97M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Adipic Acid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.4 | 17.6 | 37.1 | 41.2 | 20.8% |
| France | 30.0 | 29.5 | 27.4 | 33.0 | 3.2% |
| China | 5.7 | 7.0 | 20.9 | 9.3 | 17.7% |
| Turkey | 0.5 | 1.3 | 1.2 | 5.7 | 125.1% |
| Italy | 1.9 | 2.1 | 3.1 | 3.9 | 27.1% |
| Netherlands | N/A | 0.1 | 5.1 | 1.7 | 312.3% |
| South Korea | 7.7 | N/A | 0.1 | 0.1 | -76.5% |
| Others | 2.2 | 2.1 | 1.5 | 1.5 | -12.0% |
| Total | 71.3 | 59.8 | 96.4 | 96.5 | 10.6% |
Top Suppliers of Adipic Acid to Spain in 2022:
- South Korea (undefinedK tons)
- France (18.4K tons)
- Germany (17.0K tons)
- China (4.7K tons)
- Turkey (2.0K tons)
- Italy (1.2K tons)
- Netherlands (0.7K tons)
Adipic Acid Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of adipic acid, its salts and esters, when their volume decreased by -14.2% to 2.3K tons. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 2.6K tons, and then shrank in the following year.
In value terms, adipic acid exports rose slightly to $9.1M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 60% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Adipic Acid in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,329 | 1,293 | 3,228 | 3,119 | 32.9% |
| Switzerland | 751 | 622 | 1,123 | 1,422 | 23.7% |
| United Kingdom | 1,151 | 1,411 | 1,245 | 1,297 | 4.1% |
| France | 548 | 624 | 1,106 | 1,212 | 30.3% |
| United States | 24.0 | 35.5 | 305 | 520 | 178.8% |
| Portugal | 976 | 906 | 881 | 336 | -29.9% |
| Germany | 716 | 212 | 98.7 | 216 | -32.9% |
| China | 5.6 | 3.2 | 277 | 210 | 234.7% |
| Turkey | 281 | 196 | 33.3 | 196 | -11.3% |
| Netherlands | 104 | 109 | 205 | 157 | 14.7% |
| Others | 109 | 102 | 330 | 438 | 59.0% |
| Total | 5,995 | 5,515 | 8,831 | 9,121 | 15.0% |
Top Export Markets for Adipic Acid from Spain in 2022:
- Italy (854.3 tons)
- Switzerland (355.7 tons)
- United Kingdom (337.3 tons)
- France (244.1 tons)
- Portugal (94.9 tons)
- United States (78.4 tons)
- China (53.0 tons)
- Germany (46.8 tons)
- Turkey (45.4 tons)
- Netherlands (37.9 tons)
This report provides an in-depth analysis of the adipic acid 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 20143385 - Adipic acid, its salts and esters
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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