Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Spain - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (FOB) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (CIF) - 2022
  3. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain
  4. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $10,927 per ton, increasing by 4.5% against the previous year. In general, the export price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.1% against the previous year. The export price peaked at $14,388 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($16,508 per ton), while the average price for exports to Italy ($3,688 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 South Korea (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $10,178 per ton in 2022, rising by 27% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by +60.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,590 per ton), while the price for the UK ($2,556 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from Spain fell to 7.4K tons, waning by -1.7% compared with the previous year. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9% against the previous year. As a result, the exports reached the peak of 7.5K tons, and then declined in the following year.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses expanded modestly to $81M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 9.8% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.221.628.127.514.8%
Sweden0.11.25.67.3317.9%
United Kingdom10.610.47.55.7-18.7%
South Korea2.42.02.44.826.0%
Singapore2.82.82.14.618.0%
Italy2.02.72.84.228.1%
Japan4.24.54.73.8-3.3%
France4.52.73.03.6-7.2%
Brazil0.90.81.23.049.4%
Germany4.16.04.32.3-17.5%
China1.51.32.01.98.2%
Portugal0.81.40.71.317.6%
Greece3.01.10.10.9-33.1%
Others12.013.014.19.8-6.5%
Total67.171.678.680.86.4%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Spain in 2022:

  1. United States (2101.3 tons)
  2. Italy (1140.2 tons)
  3. United Kingdom (692.7 tons)
  4. Singapore (522.9 tons)
  5. Sweden (445.1 tons)
  6. France (395.9 tons)
  7. Japan (335.0 tons)
  8. South Korea (330.7 tons)
  9. Brazil (219.5 tons)
  10. Portugal (171.4 tons)
  11. Germany (156.2 tons)
  12. China (133.8 tons)
  13. Greece (88.7 tons)

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain

In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -13.1% to 7.7K tons, falling for the second year in a row after two years of growth. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 decreased by -24.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses rose rapidly to $78M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.014.113.017.313.0%
Germany8.810.810.614.818.9%
India4.14.03.56.918.9%
France7.211.612.86.7-2.4%
Netherlands2.38.010.85.332.1%
Belgium0.72.23.73.571.0%
Italy1.02.12.22.433.9%
United Kingdom3.85.40.9N/A-51.3%
Others8.06.113.521.438.8%
Total48.164.271.178.317.6%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Spain in 2022:

  1. Germany (2269.2 tons)
  2. China (1491.4 tons)
  3. France (1025.0 tons)
  4. India (885.0 tons)
  5. Netherlands (546.6 tons)
  6. Italy (328.3 tons)
  7. Belgium (324.5 tons)
  8. United Kingdom (3.5 tons)

Source: IndexBox Market Intelligence Platform

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