Spain - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights

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Prepared Binders Price in Spain - 2023

Contents:

  1. Prepared Binders Price in Spain (FOB) - 2023
  2. Prepared Binders Price in Spain (CIF) - 2022
  3. Prepared Binders Exports in Spain
  4. Prepared Binders Imports in Spain

Prepared Binders Price in Spain (FOB) - 2023

In June 2023, the average prepared binders export price amounted to $1,057 per ton, therefore, remained relatively stable against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in July 2022 when the average export price increased by 45% month-to-month. The export price peaked at $1,334 per ton in November 2022; however, from December 2022 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($7,448 per ton), while the average price for exports to Portugal ($654 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 Poland (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Binders Price in Spain (CIF) - 2022

The average prepared binders import price stood at $2,940 per ton in 2022, growing by 17% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 France ($5,244 per ton), while the price for India ($553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Prepared Binders Exports in Spain

In 2022, exports of prepared binders for foundry moulds or cores from Spain totaled 21K tons, increasing by 1.6% against 2021. Over the period under review, exports, however, recorded a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year.

In value terms, prepared binders exports soared to $26M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +64.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Prepared Binders in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal6.24.66.58.19.3%
Serbia2.11.93.44.327.0%
France1.31.43.23.437.8%
Russia3.43.33.53.1-3.0%
United Kingdom2.30.71.21.7-9.6%
Italy1.20.91.21.57.7%
Mexico1.91.61.51.2-14.2%
Others2.01.62.33.217.0%
Total20.316.022.726.49.2%

Top Export Markets for Prepared Binders from Spain in 2022:

  1. Portugal (14.5K tons)
  2. France (1.5K tons)
  3. Russia (1.3K tons)
  4. Serbia (1.2K tons)
  5. Italy (0.5K tons)
  6. United Kingdom (0.5K tons)
  7. Mexico (0.4K tons)

Prepared Binders Imports in Spain

In 2022, overseas purchases of prepared binders for foundry moulds or cores decreased by -24% to 4.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 8% against the previous year. As a result, imports attained the peak of 6.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, prepared binders imports dropped to $14M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $16M, and then contracted in the following year.

Import of Prepared Binders in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.52.34.55.126.8%
Italy2.11.72.83.720.8%
South Korea1.72.73.72.513.7%
Belgium3.94.13.40.8-41.0%
France0.90.50.30.7-8.0%
Portugal0.30.30.40.410.1%
United States1.40.80.40.3-40.2%
IndiaN/AN/A0.10.3200.0%
Netherlands0.20.20.10.20.0%
United Kingdom0.70.70.20.2-34.1%
Others0.30.20.40.410.1%
Total13.913.416.314.51.4%

Top Suppliers of Prepared Binders to Spain in 2022:

  1. Germany (1684.6 tons)
  2. Italy (1322.3 tons)
  3. India (532.0 tons)
  4. South Korea (486.2 tons)
  5. Belgium (281.5 tons)
  6. Portugal (178.2 tons)
  7. France (126.6 tons)
  8. United States (110.3 tons)
  9. Netherlands (80.4 tons)
  10. United Kingdom (48.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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