Spain: Alcohols Market 2024

Alcohols Market Size in Spain

The Spanish alcohols market contracted to $X in 2020, dropping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019, and then reduced in the following year.

Alcohols Production in Spain

In value terms, alcohols production declined modestly to $X in 2020 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then declined modestly in the following year.

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Alcohols Exports

Exports from Spain

In 2020, alcohols exports from Spain was estimated at X tons, growing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, alcohols exports declined dramatically to $X in 2020. Over the period under review, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for alcohols exports from Spain, with a X% share of total exports. Moreover, alcohols exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, France ($X), Germany ($X) and Italy ($X) constituted the largest markets for alcohols exported from Spain worldwide, together comprising X% of total exports. The Netherlands, Portugal, Turkey and Belgium lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to France ($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 the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Alcohols Imports

Imports into Spain

In 2020, the amount of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imported into Spain reduced to X tons, waning by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, alcohols imports contracted to $X in 2020. The total import value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), Egypt (X tons) and Trinidad and Tobago (X tons) were the main suppliers of alcohols imports to Spain, with a combined X% share of total imports. Equatorial Guinea, Germany, the Netherlands, France, the United States and Belgium lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest alcohols suppliers to Spain were Germany ($X), Saudi Arabia ($X) and France ($X), with a combined X% share of total imports. The United States, the Netherlands, Egypt, Trinidad and Tobago, Equatorial Guinea and Belgium lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 alcohols import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a mild reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2020, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Trinidad and Tobago ($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 States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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