Spain - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Spain - 2023
Contents:
- Polyethylene Price in Spain (CIF) - 2023
- Polyethylene Price in Spain (FOB) - 2022
- Polyethylene Imports in Spain
- Polyethylene Exports in Spain
Polyethylene Price in Spain (CIF) - 2023
In July 2023, the average polyethylene import price amounted to $1,277 per ton, with a decrease of -5.4% against the previous month. Over the period under review, the import price recorded a noticeable reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 4.9% month-to-month. The import price peaked at $1,632 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Czech Republic ($1,539 per ton) and Italy ($1,509 per ton), while the price for Egypt ($1,090 per ton) and the United States ($1,135 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.0%), while the prices for the other major suppliers experienced a decline.
Polyethylene Price in Spain (FOB) - 2022
In 2022, the average polyethylene export price amounted to $1,693 per ton, surging by 10% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 44%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($2,713 per ton), while the average price for exports to India ($666 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Imports in Spain
In 2022, supplies from abroad of polyethylene with a specific gravity of more then 0,94, in primary forms decreased by -0.8% to 516K 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 +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.
In value terms, polyethylene imports rose to $807M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Polyethylene in Spain (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 71.8 | 78.0 | 110 | 116 | 17.3% |
Saudi Arabia | 92.7 | 63.6 | 102 | 96.3 | 1.3% |
France | 56.2 | 66.6 | 87.0 | 69.9 | 7.5% |
United States | 62.5 | 46.8 | 54.9 | 66.8 | 2.2% |
Belgium | 53.7 | 40.7 | 54.6 | 60.3 | 3.9% |
Netherlands | 40.3 | 28.2 | 44.2 | 51.4 | 8.4% |
Italy | 38.3 | 25.6 | 40.4 | 41.7 | 2.9% |
Egypt | 45.0 | 38.2 | 55.0 | 35.9 | -7.3% |
Sweden | 18.0 | 15.3 | 26.8 | 35.6 | 25.5% |
Qatar | 25.1 | 13.8 | 44.8 | 35.5 | 12.2% |
South Korea | 25.8 | 17.4 | 22.2 | 29.4 | 4.5% |
Portugal | 19.7 | 15.0 | 28.9 | 27.1 | 11.2% |
Brazil | 18.7 | 8.0 | 8.6 | 17.5 | -2.2% |
Others | 65.1 | 43.2 | 107 | 123 | 23.6% |
Total | 633 | 500 | 787 | 807 | 8.4% |
Top Suppliers of Polyethylene to Spain in 2022:
- Saudi Arabia (67.2K tons)
- Germany (64.9K tons)
- France (52.6K tons)
- United States (47.2K tons)
- Belgium (34.9K tons)
- Netherlands (28.8K tons)
- Egypt (25.6K tons)
- Qatar (25.5K tons)
- Italy (24.2K tons)
- Sweden (18.5K tons)
- South Korea (17.6K tons)
- Portugal (16.4K tons)
- Brazil (12.1K tons)
Polyethylene Exports in Spain
In 2022, after three years of growth, there was significant decline in overseas shipments of polyethylene with a specific gravity of more then 0,94, in primary forms, when their volume decreased by -7.1% to 114K tons. In general, exports showed a mild contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1.7% against the previous year. As a result, the exports attained the peak of 123K tons, and then shrank in the following year.
In value terms, polyethylene exports amounted to $193M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Polyethylene in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 28.5 | 24.7 | 39.7 | 46.5 | 17.7% |
France | 27.5 | 23.5 | 35.1 | 38.3 | 11.7% |
Germany | 12.7 | 12.4 | 20.2 | 26.0 | 27.0% |
Italy | 18.7 | 12.2 | 20.6 | 24.3 | 9.1% |
Cuba | 10.2 | 1.8 | 3.8 | 10.5 | 1.0% |
Morocco | 6.4 | 6.5 | 9.1 | 5.9 | -2.7% |
Belgium | 5.1 | 4.2 | 7.4 | 5.6 | 3.2% |
Austria | 1.4 | 2.6 | 5.9 | 5.2 | 54.9% |
Israel | 1.2 | 1.8 | 2.4 | 2.4 | 26.0% |
Netherlands | 3.8 | 2.0 | 5.5 | 2.3 | -15.4% |
Croatia | 0.7 | 0.8 | 2.1 | 2.0 | 41.9% |
India | 0.1 | 0.5 | 1.6 | 1.9 | 166.8% |
United Arab Emirates | 4.3 | 2.0 | 1.5 | 0.6 | -48.1% |
Others | 30.2 | 34.6 | 34.2 | 21.7 | -10.4% |
Total | 151 | 130 | 189 | 193 | 8.5% |
Top Export Markets for Polyethylene from Spain in 2022:
- Portugal (26.5K tons)
- France (22.8K tons)
- Italy (15.4K tons)
- Germany (13.1K tons)
- Cuba (3.9K tons)
- Belgium (3.9K tons)
- India (2.9K tons)
- Austria (2.8K tons)
- Morocco (2.7K tons)
- Croatia (2.3K tons)
- Israel (1.8K tons)
- Netherlands (1.7K tons)
- United Arab Emirates (0.8K tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, 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:
- 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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