Spain: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Spain

The Spanish glycosides and vegetable alkaloids market soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate prominent growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Production of Glycosides And Vegetable Alkaloids in Spain

In value terms, glycosides and vegetable alkaloids production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the immediate term.

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Exports of Glycosides And Vegetable Alkaloids

Exports from Spain

For the fifth year in a row, Spain recorded decline in shipments abroad of glycosides and vegetable alkaloids, which decreased by X% to X tons in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, glycosides and vegetable alkaloids exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Mexico (X tons) and Portugal (X tons) were the main destinations of glycosides and vegetable alkaloids exports from Spain, with a combined X% share of total exports. Brazil, France, the United States, Germany, the Czech Republic, Argentina, South Korea, Romania, the UK and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glycosides and vegetable alkaloids exported from Spain were Brazil ($X), Mexico ($X) and France ($X), together accounting for X% of total exports. The UK, Italy, the United States, Argentina, Germany, South Korea, Portugal, Slovakia, the Czech Republic and Romania lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average glycosides and vegetable alkaloids export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price posted a prominent increase. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, 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 more modest paces of growth.

Imports of Glycosides And Vegetable Alkaloids

Imports into Spain

In 2022, supplies from abroad of glycosides and vegetable alkaloids increased by X% to X tons, rising for the fifth consecutive year after two years of decline. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glycosides and vegetable alkaloids imports stood at $X in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest glycosides and vegetable alkaloids supplier to Spain, with a X% share of total imports. Moreover, glycosides and vegetable alkaloids imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

In value terms, China ($X), France ($X) and the Netherlands ($X) were the largest glycosides and vegetable alkaloids suppliers to Spain, with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glycosides and vegetable alkaloids import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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