Spain: Kaolin Market 2024

Kaolin Market Size in Spain

In 2023, the Spanish kaolin market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a pronounced descent. Kaolin consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Kaolin Production in Spain

In value terms, kaolin production declined to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Kaolin production peaked at $X in 2022, and then declined in the following year.

Kaolin Exports

Exports from Spain

Kaolin exports from Spain fell notably to X tons in 2023, which is down by X% against the previous year. In general, exports, however, saw modest growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, kaolin exports fell rapidly to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons), Portugal (X tons) and Tunisia (X tons) were the main destinations of kaolin exports from Spain, together comprising X% of total exports. France, India, Egypt, Morocco, Colombia and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for kaolin exported from Spain were Italy ($X), Portugal ($X) and Tunisia ($X), together comprising X% of total exports. France, India, Egypt, Morocco, Colombia and Norway lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average kaolin export price stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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.

Kaolin Imports

Imports into Spain

In 2023, approx. X tons of kaolin and kaolinic clays were imported into Spain; reducing by X% compared with the year before. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, kaolin imports shrank sharply to $X in 2023. Overall, imports recorded a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Romania (X tons), the UK (X tons) and Ukraine (X tons) were the main suppliers of kaolin imports to Spain, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Ukraine ($X) were the largest kaolin suppliers to Spain, together accounting for X% of total imports. Portugal, Egypt, Brazil, Romania and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2023, the average kaolin import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, kaolin import price increased by X% against 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform