Report Update: May 1, 2024

Spain - Polyphenols And Phenol-Alcohols - Market Analysis, Forecast, Size, Trends And Insights

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Polyphenols and Phenol-Alcohols Price in Spain - 2023

Polyphenols and Phenol-Alcohols Price in Spain (CIF) - 2022

In 2022, the average polyphenols and phenol-alcohols import price amounted to $11,637 per ton, rising by 10% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyphenols and phenol-alcohols import price increased by +89.8% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($23,946 per ton), while the price for Switzerland ($6,164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyphenols and Phenol-Alcohols Price in Spain (FOB) - 2022

The average polyphenols and phenol-alcohols export price stood at $16,404 per ton in 2022, with an increase of 12% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 92%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($47,090 per ton), while the average price for exports to Morocco ($5,093 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 Japan (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polyphenols and Phenol-Alcohols Imports in Spain

In 2022, approx. 1.7K tons of polyphenols and phenol-alcohols were imported into Spain; jumping by 34% compared with the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +65.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyphenols and phenol-alcohols imports soared to $20M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +81.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphenols and Phenol-Alcohols in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.4	2.1	2.2	5.8	60.6%
Switzerland	3.9	2.4	4.0	4.2	2.5%
Netherlands	0.3	1.1	1.4	3.2	120.1%
France	1.6	0.9	0.9	1.9	5.9%
India	2.1	1.2	1.6	1.4	-12.6%
Belgium	0.6	0.7	0.9	1.4	32.6%
China	1.2	1.1	1.4	0.7	-16.4%
Italy	0.4	0.5	0.5	0.5	7.7%
United Kingdom	1.2	0.8	0.1	N/A	-71.1%
Others	0.9	0.2	0.6	0.8	-3.9%
Total	13.4	11.0	13.5	19.9	14.1%

Top Suppliers of Polyphenols and Phenol-Alcohols to Spain in 2022:

Switzerland (677.6 tons)
Germany (401.0 tons)
France (204.6 tons)
Netherlands (134.5 tons)
Belgium (108.9 tons)
China (52.7 tons)
Italy (51.0 tons)
India (49.2 tons)
United Kingdom (0.1 tons)

Polyphenols and Phenol-Alcohols Exports in Spain

After three years of growth, shipments abroad of polyphenols and phenol-alcohols decreased by -21.3% to 503 tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% 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 +43.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47%. As a result, the exports reached the peak of 639 tons, and then fell sharply in the following year.

In value terms, polyphenols and phenol-alcohols exports shrank to $8.2M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of $9.4M, and then fell in the following year.

Export of Polyphenols and Phenol-Alcohols in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	738	665	1,506	1,805	34.7%
Germany	152	1,931	976	1,435	111.4%
United States	597	546	2,425	1,087	22.1%
France	330	347	768	834	36.2%
Singapore	155	209	979	645	60.8%
Belgium	145	138	313	461	47.0%
Portugal	19.4	84.4	239	316	153.5%
Italy	295	429	475	297	0.2%
Japan	173	60.9	411	215	7.5%
Turkey	21.5	5.7	35.9	206	112.4%
United Arab Emirates	N/A	3.9	N/A	79.2	350.6%
Morocco	13.4	13.5	31.7	76.6	78.8%
Others	496	706	1,201	788	16.7%
Total	3,134	5,141	9,362	8,245	38.0%

Top Export Markets for Polyphenols and Phenol-Alcohols from Spain in 2022:

Netherlands (100.4 tons)
Germany (94.5 tons)
France (89.0 tons)
United States (53.6 tons)
Italy (29.3 tons)
Belgium (25.3 tons)
Portugal (19.1 tons)
Morocco (15.0 tons)
Singapore (13.7 tons)
United Arab Emirates (13.2 tons)
Turkey (11.0 tons)
Japan (10.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyphenols and phenol-alcohols 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 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols

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