Spain - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Benzol, Toluol and Xylol in Spain - 2023

Contents:

  1. Price for Benzol, Toluol and Xylol in Spain (CIF) - 2023
  2. Price for Benzol, Toluol and Xylol in Spain (FOB) - 2023
  3. Imports of Benzol, Toluol and Xylol in Spain
  4. Exports of Benzol, Toluol and Xylol in Spain

Price for Benzol, Toluol and Xylol in Spain (CIF) - 2023

In August 2023, the average benzol, toluol and xylol import price amounted to $1,308 per ton, with an increase of 11% against the previous month. Over the period under review, the import price, however, recorded a mild downturn. The growth pace was the most rapid in November 2022 when the average import price increased by 80% m-o-m. As a result, import price reached the peak level of $1,575 per ton. From December 2022 to August 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were Portugal ($1,389 per ton) and the Netherlands ($1,294 per ton), while the price for France ($1,273 per ton) and Germany ($1,278 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Israel (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Benzol, Toluol and Xylol in Spain (FOB) - 2023

The average benzol, toluol and xylol export price stood at $1,287 per ton in August 2023, increasing by 3.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 26% month-to-month. The export price peaked at $1,342 per ton in August 2022; afterwards, it flattened through to August 2023.

Average prices varied somewhat for the major export markets. In August 2023, the countries with the highest prices were Germany ($1,615 per ton) and France ($1,490 per ton), while the average price for exports to Turkey ($1,217 per ton) and Morocco ($1,260 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzol, Toluol and Xylol in Spain

In 2022, supplies from abroad of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by -49.8% to 73K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 119% against the previous year. As a result, imports attained the peak of 146K tons, and then declined sharply in the following year.

In value terms, benzol, toluol and xylol imports contracted remarkably to $88M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 262% against the previous year. As a result, imports reached the peak of $125M, and then fell dramatically in the following year.

Import of Benzol, Toluol and Xylol in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France22.516.310734.215.0%
Netherlands2.38.90.323.0115.4%
Belgium3.0N/A2.38.843.1%
ItalyN/AN/A0.17.06900.0%
RomaniaN/A2.43.06.665.8%
Portugal10.86.710.46.3-16.4%
GermanyN/A0.11.01.9335.9%
OthersN/AN/A0.10.6500.0%
Total38.734.412588.531.7%

Top Suppliers of Benzol, Toluol and Xylol to Spain in 2022:

  1. France (30.3K tons)
  2. Netherlands (18.9K tons)
  3. Belgium (6.6K tons)
  4. Italy (5.8K tons)
  5. Romania (5.4K tons)
  6. Portugal (4.6K tons)
  7. Germany (1.6K tons)

Exports of Benzol, Toluol and Xylol in Spain

After three years of growth, overseas shipments of benzol (benzene), toluol (toluene) and xylol (xylenes) decreased by -62.8% to 61K tons in 2022. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 88% against the previous year.

In value terms, benzol, toluol and xylol exports shrank rapidly to $59M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 165%. As a result, the exports attained the peak of $122M, and then reduced sharply in the following year.

Export of Benzol, Toluol and Xylol in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.725.046.422.056.9%
Italy3.83.429.310.741.2%
Belgium5.11.927.77.614.2%
Turkey6.96.55.55.1-9.6%
France2.51.42.23.916.0%
Morocco1.40.61.83.434.4%
Greece2.21.61.92.0-3.1%
Others2.75.67.44.417.7%
Total30.446.112259.224.9%

Top Export Markets for Benzol, Toluol and Xylol from Spain in 2022:

  1. Netherlands (26.0K tons)
  2. Belgium (12.3K tons)
  3. Italy (8.6K tons)
  4. Turkey (4.3K tons)
  5. France (2.8K tons)
  6. Morocco (2.6K tons)
  7. Greece (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)

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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