Spain - Maleic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaleic Anhydride Price in Spain - 2023
Contents:
- Maleic Anhydride Price in Spain (CIF) - 2023
- Maleic Anhydride Price in Spain (FOB) - 2022
- Maleic Anhydride Imports in Spain
- Maleic Anhydride Exports in Spain
Maleic Anhydride Price in Spain (CIF) - 2023
The average maleic anhydride import price stood at $1,449 per ton in June 2023, declining by -2.1% against the previous month. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in April 2023 an increase of 9.9% against the previous month. The import price peaked at $2,315 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Germany ($1,656 per ton) and Bosnia and Herzegovina ($1,566 per ton), while the price for China ($1,201 per ton) and South Korea ($1,318 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (-1.3%), while the prices for the other major suppliers experienced a decline.
Maleic Anhydride Price in Spain (FOB) - 2022
The average maleic anhydride export price stood at $2,725 per ton in 2022, picking up by 19% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maleic anhydride export price increased by +108.9% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 76% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($2,843 per ton) and Portugal ($2,748 per ton), while the average price for exports to Italy ($2,705 per ton) and France ($2,723 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Maleic Anhydride Imports in Spain
In 2022, purchases abroad of maleic anhydride decreased by -17.9% to 17K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 21K tons, and then reduced rapidly in the following year.
In value terms, maleic anhydride imports declined to $35M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, imports attained the peak of $39M, and then declined in the following year.
| Import of Maleic Anhydride in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 4.4 | 7.1 | 9.2 | 21.7% |
| Italy | 9.1 | 8.2 | 12.4 | 8.6 | -1.9% |
| China | N/A | 0.1 | 2.5 | 5.8 | 661.6% |
| South Korea | 3.4 | 4.0 | 7.8 | 5.0 | 13.7% |
| Taiwan (Chinese) | N/A | N/A | 4.3 | 4.7 | 9.3% |
| United States | N/A | 0.3 | N/A | 0.5 | 29.1% |
| Austria | 1.1 | 0.8 | 0.1 | 0.4 | -28.6% |
| Others | 0.9 | 0.8 | 5.0 | 1.2 | 10.1% |
| Total | 19.6 | 18.6 | 39.2 | 35.4 | 21.8% |
Top Suppliers of Maleic Anhydride to Spain in 2022:
- Italy (4.8K tons)
- Germany (3.9K tons)
- China (2.6K tons)
- South Korea (2.5K tons)
- Taiwan (Chinese) (2.2K tons)
- United States (0.7K tons)
- Austria (0.2K tons)
Maleic Anhydride Exports in Spain
For the fourth consecutive year, Spain recorded growth in overseas shipments of maleic anhydride, which increased by 1.2% to 1.1K tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 666%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, maleic anhydride exports skyrocketed to $3M in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,249% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Maleic Anhydride in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 22.8 | 860 | 1,362 | 672.9% |
| France | 126 | 112 | 718 | 1,093 | 105.5% |
| Portugal | 53.1 | 50.0 | 843 | 484 | 108.9% |
| Slovakia | N/A | N/A | N/A | 56.9 | 0% |
| Others | 9.9 | 1.5 | 96.9 | 29.2 | 43.4% |
| Total | 189 | 187 | 2,518 | 3,025 | 152.0% |
Top Export Markets for Maleic Anhydride from Spain in 2022:
- Italy (503.6 tons)
- France (401.2 tons)
- Portugal (176.0 tons)
- Slovakia (20.0 tons)
This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride
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
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In January 2023, the maleic anhydride price stood at $1,398 per ton (CIF, Spain), with a decrease of -9.1% against the previous month.
