Spain - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Spain - 2023
Contents:
- Sulphates Price in Spain (FOB) - 2023
- Sulphates Price in Spain (CIF) - 2023
- Sulphates Exports in Spain
- Sulphates Imports in Spain
Sulphates Price in Spain (FOB) - 2023
In July 2023, the average sulphates export price amounted to $181 per ton, growing by 8.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 28% month-to-month. Over the period under review, the average export prices attained the maximum at $205 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Brazil ($342 per ton), while the average price for exports to Egypt ($116 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates Price in Spain (CIF) - 2023
The average sulphates import price stood at $828 per ton in July 2023, dropping by -28.3% against the previous month. Overall, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in June 2023 an increase of 25% month-to-month. Over the period under review, average import prices hit record highs at $1,268 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($2,457 per ton), while the price for Portugal ($53.0 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates Exports in Spain
In 2022, sulphates exports from Spain fell to 1.5M tons, waning by -5.8% on 2021. Overall, exports recorded a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 2.9% against the previous year.
In value terms, sulphates exports skyrocketed to $260M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 61.5 | 50.6 | 50.5 | 70.3 | 4.6% |
| Italy | 11.2 | 11.0 | 14.2 | 15.0 | 10.2% |
| South Africa | 4.2 | 5.3 | 5.8 | 14.9 | 52.5% |
| Morocco | 8.7 | 8.2 | 8.1 | 14.8 | 19.4% |
| Egypt | 5.6 | 9.1 | 5.2 | 14.1 | 36.0% |
| Germany | 6.1 | 8.3 | 8.6 | 11.4 | 23.2% |
| Portugal | 6.1 | 6.8 | 7.7 | 10.0 | 17.9% |
| United Kingdom | 10.5 | 10.6 | 6.5 | 7.8 | -9.4% |
| Denmark | 3.1 | 2.8 | 3.6 | 6.1 | 25.3% |
| United States | 2.0 | 2.3 | 2.5 | 5.9 | 43.4% |
| Argentina | 4.1 | 6.3 | 6.1 | 5.2 | 8.2% |
| Syrian Arab Republic | N/A | 1.6 | 3.1 | 4.7 | 71.4% |
| Algeria | 9.3 | 9.3 | 8.2 | 4.5 | -21.5% |
| Others | 44.7 | 41.6 | 63.3 | 75.3 | 19.0% |
| Total | 177 | 174 | 194 | 260 | 13.7% |
Top Export Markets for Sulphates from Spain in 2022:
- Brazil (436.9K tons)
- Italy (96.1K tons)
- South Africa (92.6K tons)
- Morocco (88.5K tons)
- Egypt (82.1K tons)
- United Kingdom (57.6K tons)
- Germany (53.7K tons)
- United States (42.8K tons)
- Portugal (41.5K tons)
- Denmark (34.7K tons)
- Argentina (31.3K tons)
- Algeria (30.4K tons)
- Syrian Arab Republic (28.4K tons)
Sulphates Imports in Spain
Sulphates imports into Spain reduced remarkably to 46K tons in 2022, declining by -25.3% compared with 2021 figures. In general, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of 62K tons, and then contracted markedly in the following year.
In value terms, sulphates imports shrank to $41M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of $45M, and then contracted in the following year.
| Import of Sulphates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.5 | 4.6 | 8.2 | 8.7 | 35.5% |
| Germany | 6.5 | 6.0 | 10.6 | 7.5 | 4.9% |
| China | 5.8 | 5.2 | 3.3 | 4.4 | -8.8% |
| Italy | 4.2 | 4.3 | 5.6 | 3.6 | -5.0% |
| India | 2.0 | 1.4 | 2.3 | 2.3 | 4.8% |
| Portugal | 0.9 | 0.7 | 0.7 | 2.1 | 32.6% |
| Netherlands | 0.4 | 0.4 | 0.7 | 1.8 | 65.1% |
| Belgium | 2.6 | 1.6 | 2.7 | 1.7 | -13.2% |
| Romania | 0.7 | 0.6 | 0.5 | 1.4 | 26.0% |
| France | 1.3 | 0.8 | 1.3 | 1.3 | 0.0% |
| Austria | 0.7 | 0.7 | 0.5 | 1.2 | 19.7% |
| Tunisia | N/A | N/A | 0.7 | 0.6 | -14.3% |
| Others | 6.4 | 6.4 | 8.4 | 4.7 | -9.8% |
| Total | 34.9 | 32.8 | 45.4 | 41.2 | 5.7% |
Top Suppliers of Sulphates to Spain in 2022:
- Netherlands (11.5K tons)
- Germany (7.9K tons)
- Portugal (4.5K tons)
- Belgium (4.5K tons)
- China (4.0K tons)
- Turkey (3.9K tons)
- India (1.9K tons)
- Tunisia (1.5K tons)
- Italy (1.4K tons)
- Austria (1.1K tons)
- Romania (1.0K tons)
- France (0.8K tons)
This report provides an in-depth analysis of the sulphates 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 20134157 - Sulphates (excluding those of aluminium and barium)
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
-
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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