Spain - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Spain - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Spain (CIF) - 2023
- Price for Nitric and Sulphonitric Acids in Spain (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Spain
- Exports of Nitric and Sulphonitric Acids in Spain
Price for Nitric and Sulphonitric Acids in Spain (CIF) - 2023
In August 2023, the average nitric and sulphonitric acids import price amounted to $274 per ton, growing by 6.8% against the previous month. In general, the import price, however, recorded a noticeable downturn. The growth pace was the most rapid in September 2022 when the average import price increased by 37% against the previous month. Over the period under review, average import prices attained the peak figure at $610 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($777 per ton), while the price for France ($212 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Nitric and Sulphonitric Acids in Spain (FOB) - 2022
In 2021, the average nitric and sulphonitric acids export price amounted to $550 per ton, growing by 18% against the previous year. Over the period under review, the export price, however, showed a mild downturn. Over the period under review, the average export prices reached the maximum at $601 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cuba ($2,416 per ton), while the average price for exports to Algeria ($392 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Nitric and Sulphonitric Acids in Spain
In 2022, after three years of growth, there was decline in overseas purchases of nitric acid and sulphonitric acids, when their volume decreased by -1.4% to 54K tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 2.8%. As a result, imports reached the peak of 55K tons, and then dropped slightly in the following year.
In value terms, nitric and sulphonitric acids imports fell remarkably to $13M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. As a result, imports attained the peak of $16M, and then plummeted in the following year.
| Import of Nitric and Sulphonitric Acids in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Portugal | 5.0 | 5.1 | 5.7 | 6.8% | |
| France | 3.2 | 2.2 | 3.7 | 7.5% | |
| Belgium | 0.3 | 1.2 | 2.8 | 205.5% | |
| Germany | 0.4 | 0.5 | 2.4 | 144.9% | |
| Poland | 0.2 | 0.3 | 1.6 | 182.8% | |
| Others | 0.2 | 0.2 | 0.2 | 0.0% | |
| Total | 9.3 | 9.4 | 16.5 | 33.2% | |
Top Suppliers of Nitric and Sulphonitric Acids to Spain in 2022:
- Portugal (30.3K tons)
- France (13.8K tons)
- Belgium (6.5K tons)
- Germany (2.7K tons)
- Poland (1.5K tons)
Exports of Nitric and Sulphonitric Acids in Spain
In 2022, shipments abroad of nitric acid and sulphonitric acids was finally on the rise to reach 4.8K tons after two years of decline. In general, exports, however, recorded a sharp reduction.
In value terms, nitric and sulphonitric acids exports skyrocketed to $2.4M in 2022. Overall, exports, however, showed a sharp decrease.
| Export of Nitric and Sulphonitric Acids in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Algeria | 543 | 808 | 638 | 8.4% | |
| Portugal | 495 | 377 | 507 | 1.2% | |
| Cuba | 92.1 | 33.3 | 132 | 19.7% | |
| France | 3,839 | 1,512 | 89.4 | -84.7% | |
| Others | 568 | 303 | 305 | -26.7% | |
| Total | 5,537 | 3,034 | 1,671 | -45.1% | |
Top Export Markets for Nitric and Sulphonitric Acids from Spain in 2022:
- Algeria (1630.1 tons)
- Portugal (973.9 tons)
- France (196.4 tons)
- Cuba (54.5 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Spain.
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This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
402
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Spain.
763
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1414
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
889
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
1414
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
