Report Update: Apr 1, 2024

Spain - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Titanium Dioxide Pigments Price in Spain - 2023

Titanium Dioxide Pigments Price in Spain (CIF) - 2023

In July 2023, the average titanium dioxide pigments import price amounted to $3,104 per ton, dropping by -2.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.8% month-to-month. The import price peaked at $3,347 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($3,848 per ton), while the price for India ($1,995 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 the UK (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Titanium Dioxide Pigments Price in Spain (FOB) - 2022

In 2022, the average titanium dioxide pigments export price amounted to $3,416 per ton, with an increase of 16% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, titanium dioxide pigments export price increased by +70.6% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($3,921 per ton) and Turkey ($3,558 per ton), while the average price for exports to Sweden ($2,701 per ton) and the Netherlands ($2,774 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Pigments Imports in Spain

In 2022, approx. 92K tons of titanium dioxide pigments and colouring preparations were imported into Spain; with a decrease of -14.1% compared with the previous year's figure. In general, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.1% against the previous year. As a result, imports attained the peak of 107K tons, and then dropped in the following year.

In value terms, titanium dioxide pigments imports rose notably to $322M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Titanium Dioxide Pigments in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	77.8	65.7	77.0	70.9	-3.0%
China	34.0	38.2	55.8	70.2	27.3%
Belgium	29.9	37.4	60.7	67.8	31.4%
United Kingdom	42.9	41.1	22.9	26.3	-15.0%
Italy	19.8	15.3	20.2	21.4	2.6%
Netherlands	21.6	11.3	17.8	11.6	-18.7%
Portugal	7.2	6.3	8.2	10.0	11.6%
Czech Republic	7.4	6.9	8.4	9.7	9.4%
Others	33.6	24.4	29.0	34.3	0.7%
Total	274	247	300	322	5.5%

Top Suppliers of Titanium Dioxide Pigments to Spain in 2022:

China (20.0K tons)
Belgium (19.8K tons)
Germany (18.6K tons)
United Kingdom (9.3K tons)
Italy (6.1K tons)
Czech Republic (3.2K tons)
Portugal (3.2K tons)
Netherlands (2.8K tons)

Titanium Dioxide Pigments Exports in Spain

In 2022, exports of titanium dioxide pigments and colouring preparations from Spain contracted slightly to 87K tons, remaining relatively unchanged against 2021 figures. In general, exports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 5.2% against the previous year.

In value terms, titanium dioxide pigments exports skyrocketed to $297M in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Titanium Dioxide Pigments in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	35.0	37.2	23.8	45.9	9.5%
Italy	30.3	27.0	36.1	43.1	12.5%
France	24.2	17.0	23.1	30.9	8.5%
Germany	24.9	25.1	28.9	29.7	6.1%
Luxembourg	5.3	4.5	11.0	11.8	30.6%
Israel	12.4	9.6	10.2	10.8	-4.5%
Portugal	9.3	11.2	9.9	10.5	4.1%
Belgium	12.6	10.8	8.9	8.5	-12.3%
Turkey	3.5	6.0	7.4	7.2	27.2%
Netherlands	5.6	3.5	5.1	6.2	3.5%
Mexico	5.1	5.3	5.3	6.1	6.1%
Sweden	4.2	4.5	6.0	5.9	12.0%
Poland	4.6	4.1	5.5	5.3	4.8%
Others	86.6	63.7	76.8	75.0	-4.7%
Total	264	229	258	297	4.0%

Top Export Markets for Titanium Dioxide Pigments from Spain in 2022:

Italy (14.0K tons)
United States (12.9K tons)
France (9.9K tons)
Germany (9.4K tons)
Luxembourg (3.4K tons)
Portugal (3.2K tons)
Israel (2.8K tons)
Belgium (2.4K tons)
Netherlands (2.2K tons)
Sweden (2.2K tons)
Turkey (2.0K tons)
Mexico (1.8K tons)
Poland (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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