Spain - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Spain - 2023
Contents:
- Toluene Price in Spain (FOB) - 2023
- Toluene Price in Spain (CIF) - 2022
- Toluene Exports in Spain
- Toluene Imports in Spain
Toluene Price in Spain (FOB) - 2023
In June 2023, the average toluene export price amounted to $1,032 per ton, with a decrease of -12.3% against the previous month. Overall, the export price recorded a noticeable decrease. The growth pace was the most rapid in May 2023 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices attained the maximum at $1,728 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Portugal ($1,273 per ton) and Italy ($1,170 per ton), while the average price for exports to the United States ($983 per ton) and the UK ($1,094 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Toluene Price in Spain (CIF) - 2022
The average toluene import price stood at $1,272 per ton in 2022, surging by 61% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $1,313 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,604 per ton), while the price for France ($1,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+60.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Toluene Exports in Spain
In 2022, the amount of toluene exported from Spain soared to 113K tons, increasing by 62% on the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% 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 +75.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, toluene exports surged to $151M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Toluene in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 31.7 | 0% |
| Turkey | 16.3 | 14.1 | 27.1 | 30.7 | 23.5% |
| Netherlands | 11.0 | 9.6 | N/A | 22.4 | 26.8% |
| Belgium | 4.3 | 4.1 | 2.7 | 14.9 | 51.3% |
| Morocco | 5.5 | 2.9 | 6.8 | 11.9 | 29.3% |
| United Kingdom | 6.2 | 2.3 | 3.3 | 8.4 | 10.7% |
| Dominican Republic | 2.0 | 0.9 | 2.9 | 6.0 | 44.2% |
| Portugal | 1.8 | 1.3 | 1.9 | 3.8 | 28.3% |
| Gibraltar | 1.3 | 2.2 | N/A | 3.6 | 40.4% |
| Estonia | N/A | 2.1 | N/A | N/A | 0% |
| Others | 13.1 | 16.3 | 8.7 | 17.3 | 9.7% |
| Total | 61.5 | 55.9 | 53.4 | 151 | 34.9% |
Top Export Markets for Toluene from Spain in 2022:
- Turkey (23.8K tons)
- United States (20.9K tons)
- Netherlands (16.2K tons)
- Belgium (12.6K tons)
- Morocco (8.5K tons)
- United Kingdom (6.3K tons)
- Gibraltar (4.3K tons)
- Dominican Republic (4.2K tons)
- Portugal (2.5K tons)
Toluene Imports in Spain
In 2022, the amount of toluene imported into Spain dropped significantly to 9.1K tons, which is down by -42.2% on 2021 figures. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 2.4%.
In value terms, toluene imports dropped to $12M in 2022. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 55%.
| Import of Toluene in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.3 | 1.3 | 4.3 | 3.9 | 44.2% |
| Portugal | 10.7 | 5.8 | 5.7 | 3.6 | -30.4% |
| Italy | N/A | N/A | 1.6 | 2.2 | 37.5% |
| Belgium | 0.1 | 0.8 | 0.4 | 1.5 | 146.6% |
| Others | 0.9 | 0.1 | 0.5 | 0.4 | -23.7% |
| Total | 13.1 | 8.1 | 12.5 | 11.6 | -4.0% |
Top Suppliers of Toluene to Spain in 2022:
- France (3.8K tons)
- Portugal (2.6K tons)
- Italy (1.6K tons)
- Belgium (1.0K tons)
This report provides an in-depth analysis of the toluene 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 20141225 - Toluene
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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