Spain: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in Spain

In 2020, the Spanish acyclic hydrocarbons market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a noticeable reduction. Acyclic hydrocarbons consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Acyclic Hydrocarbons Production in Spain

In value terms, acyclic hydrocarbons production fell rapidly to $X in 2020 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2020, production growth failed to regain momentum.

Acyclic Hydrocarbons Exports

Exports from Spain

In 2020, after three years of growth, there was significant decline in shipments abroad of acyclic hydrocarbons, when their volume decreased by X% to X tons. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2019, and then fell dramatically in the following year.

In value terms, acyclic hydrocarbons exports contracted sharply to $X in 2020. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Indonesia (X tons) and Sweden (X tons) were the main destinations of acyclic hydrocarbons exports from Spain, with a combined X% share of total exports. Thailand, Algeria, the Netherlands, Italy, Mexico and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the biggest increases were recorded for Algeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acyclic hydrocarbons exported from Spain were Thailand ($X), China ($X) and Indonesia ($X), with a combined X% share of total exports. Sweden, Italy, Algeria, the Netherlands, France and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Algeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acyclic hydrocarbons export price stood at $X per ton in 2020, declining by X% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Spain

In 2020, approx. X tons of acyclic hydrocarbons were imported into Spain; waning by X% compared with 2019 figures. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, acyclic hydrocarbons imports reduced dramatically to $X in 2020. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), India (X tons) and the Netherlands (X tons) were the main suppliers of acyclic hydrocarbons imports to Spain, together comprising X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons suppliers to Spain were Saudi Arabia ($X), the Netherlands ($X) and India ($X), with a combined X% share of total imports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2020, the average acyclic hydrocarbons import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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