Spain - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Isoprene Rubber (IR) in Primary Form in Spain - 2023

Contents:

  1. Price for Isoprene Rubber (IR) in Primary Form in Spain (CIF) - 2023
  2. Price for Isoprene Rubber (IR) in Primary Form in Spain (FOB) - 2022
  3. Imports of Isoprene Rubber (IR) in Primary Form in Spain
  4. Exports of Isoprene Rubber (IR) in Primary Form in Spain

Price for Isoprene Rubber (IR) in Primary Form in Spain (CIF) - 2023

The average import price for isoprene rubber (IR) in primary forms stood at $2,409 per ton in September 2023, approximately mirroring the previous month. In general, the import price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in January 2023 an increase of 51% against the previous month. As a result, import price attained the peak level of $3,600 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Portugal ($4,090 per ton), while the price for Germany ($735 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Isoprene Rubber (IR) in Primary Form in Spain (FOB) - 2022

The average export price for isoprene rubber (IR) in primary forms stood at $2,278 per ton in 2022, surging by 31% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for isoprene rubber (IR) in primary forms increased by +115.1% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($3,921 per ton), while the average price for exports to Ecuador ($218 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 Germany (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Isoprene Rubber (IR) in Primary Form in Spain

In 2022, approx. 16K tons of isoprene rubber (IR) in primary forms were imported into Spain; dropping by -24.3% on 2021 figures. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 26%.

In value terms, imports of isoprene rubber (IR) in primary forms reduced remarkably to $31M in 2022. Overall, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% 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 increased by +32.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $36M, and then shrank notably in the following year.

Import of Isoprene Rubber (IR) in Primary Form in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18.311.219.99.0-21.1%
Germany7.03.85.37.00.0%
Portugal2.12.13.13.113.9%
HungaryN/A3.75.52.9-11.5%
SwitzerlandN/AN/AN/A2.20%
Italy0.10.10.22.0171.4%
Belgium0.20.40.51.386.6%
Others1.71.81.83.020.8%
Total29.523.036.330.51.1%

Top Suppliers of Isoprene Rubber (IR) in Primary Form to Spain in 2022:

  1. Germany (6.8K tons)
  2. Russia (4.0K tons)
  3. Hungary (1.4K tons)
  4. Switzerland (0.8K tons)
  5. Italy (0.7K tons)
  6. Portugal (0.7K tons)
  7. Belgium (0.7K tons)

Exports of Isoprene Rubber (IR) in Primary Form in Spain

In 2022, after two years of decline, there was significant growth in overseas shipments of isoprene rubber (IR) in primary forms, when their volume increased by 9.9% to 278 tons. In general, exports, however, faced a dramatic downturn.

In value terms, exports of isoprene rubber (IR) in primary forms surged to $634K in 2022. Overall, exports, however, showed a abrupt shrinkage.

Export of Isoprene Rubber (IR) in Primary Form in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco10.61.2114179156.6%
TunisiaN/A26.579.6121113.7%
France73.431.421.581.23.4%
Portugal48116757.161.6-49.6%
Italy2.9N/A22.347.6154.1%
Algeria58.131.245.235.1-15.5%
Czech Republic22.412.633.622.3-0.1%
United Kingdom5.4N/A5.79.319.9%
Germany94.41.510.47.6-56.8%
Ecuador20.915.5N/A1.6-57.5%
Switzerland74.021.03.9N/A-77.0%
Others55.051.846.667.67.1%
Total898360440634-11.0%

Top Export Markets for Isoprene Rubber (IR) in Primary Form from Spain in 2022:

  1. Portugal (56.9 tons)
  2. Tunisia (55.3 tons)
  3. Morocco (45.7 tons)
  4. Algeria (30.4 tons)
  5. France (23.7 tons)
  6. Italy (15.9 tons)
  7. United Kingdom (11.2 tons)
  8. Czech Republic (10.5 tons)
  9. Ecuador (7.1 tons)
  10. Germany (4.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:

    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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