Latest Report Update: May 17, 2021

Spain - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Spain: Monocarboxylic Acid Market Overview 2021

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global anhydrous ammonia market.

Tuesday, June 15th, 2021 @ 10:00 am ET

Register Now

Monocarboxylic Acid Market Size in Spain

In 2020, the Spanish monocarboxylic acid market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption recorded a deep slump. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Monocarboxylic Acid Production in Spain

In value terms, monocarboxylic acid production shrank dramatically to $X in 2020 estimated in export prices. Overall, production, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Monocarboxylic acid production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Monocarboxylic Acid Exports

Exports from Spain

In 2020, approx. X tonnes of acrylic acid and its salts and other monocarboxylic acid were exported from Spain; rising by X% compared with 2019. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the near future.

In value terms, monocarboxylic acid exports skyrocketed to $X in 2020. Over the period under review, total exports indicated a pronounced expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Brazil (X tonnes), Italy (X tonnes) and Portugal (X tonnes) were the main destinations of monocarboxylic acid exports from Spain, together accounting for X% of total exports. These countries were followed by Turkey, Chile, Greece, Germany, Switzerland, Morocco, Egypt, the U.S., France and Argentina, which together accounted for a further X 2007 to 2020, the biggest increases were in Egypt (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for monocarboxylic acid exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Switzerland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Brazil (+X% per year).

Export Prices by Country

The average monocarboxylic acid export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced mixed trend patterns.

Monocarboxylic Acid Imports

Imports into Spain

For the fourth consecutive year, Spain recorded growth in overseas purchases of acrylic acid and its salts and other monocarboxylic acid, which increased by X% to X tonnes in 2020. Overall, imports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, monocarboxylic acid imports declined modestly to $X in 2020. Over the period under review, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of monocarboxylic acid to Spain, accounting for a X% share of total imports. Moreover, monocarboxylic acid imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and France (-X% per year).

In value terms, the largest monocarboxylic acid suppliers to Spain were China ($X), the UK ($X) and Germany ($X), together accounting for X% of total imports. France, Belgium, the Czech Republic and South Korea lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average monocarboxylic acid import price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylic acid and its salts and other monocarboxylic acid in the world?
+
The countries with the highest volumes of monocarboxylic acid consumption in 2020 were China (899K tonnes), the U.S. (529K tonnes) and India (350K tonnes), together accounting for 46% of global consumption. Russia, Japan, Brazil, Indonesia, Germany, France, Mexico, Democratic Republic of the Congo, South Korea and Canada lagged somewhat behind, together accounting for a further 33%.
What are the largest producers of acrylic acid and its salts and other monocarboxylic acid in the world?
+
The countries with the highest volumes of monocarboxylic acid production in 2020 were China (1M tonnes), the U.S. (524K tonnes) and India (316K tonnes), together comprising 48% of global production. These countries were followed by Russia, Germany, Japan, Brazil, Indonesia, France, Mexico, Democratic Republic of the Congo, Malaysia and Canada, which together accounted for a further 35%.
What are the leading suppliers of acrylic acid and its salts and other monocarboxylic acid to Spain?
+
In value terms, the largest monocarboxylic acid suppliers to Spain were China ($20M), the UK ($13M) and Germany ($13M), with a combined 77% share of total imports. France, Belgium, the Czech Republic and South Korea lagged somewhat behind, together accounting for a further 11%.
What are the leading importers of acrylic acid and its salts and other monocarboxylic acid from Spain?
+
In value terms, Switzerland ($6.1M) remains the key foreign market for monocarboxylic acid exports from Spain, comprising 26% of total exports. The second position in the ranking was occupied by the U.S. ($2.7M), with a 12% share of total exports. It was followed by Brazil, with a 11% share.
What is the average export price for acrylic acid and its salts and other monocarboxylic acid in Spain?
+
The average monocarboxylic acid export price stood at $11,227 per tonne in 2020, which is down by -13.8% against the previous year.
What is the average import price for acrylic acid and its salts and other monocarboxylic acid in Spain?
+
In 2020, the average monocarboxylic acid import price amounted to $3,201 per tonne, shrinking by -6.3% against the previous year.

Product coverage:
• Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid

This report provides an in-depth analysis of the monocarboxylic acid 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register

Webinar: Global Ethanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global ethanol market.



Thursday, June 24th, 2021 @ 10:00 am ET


Register

Webinar: Global Methanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global methanol market.



Thursday, July 8th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data