Spain: Particle Board Market 2024

Particle Board Market Size in Spain

In 2022, the Spanish particle board market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Particle Board Production in Spain

In value terms, particle board production rose sharply to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Particle Board Exports

Exports from Spain

In 2022, after two years of growth, there was significant decline in overseas shipments of particle board, when their volume decreased by X% to X cubic meters. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X cubic meters, and then shrank notably in the following year.

In value terms, particle board exports expanded markedly to $X in 2022. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Portugal (X cubic meters) was the main destination for particle board exports from Spain, accounting for a X% share of total exports. Moreover, particle board exports to Portugal exceeded the volume sent to the second major destination, Morocco (X cubic meters), twofold. Peru (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Peru (X% per year).

In value terms, Portugal ($X) remains the key foreign market for particle board exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with an X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the average particle board export price amounted to $X per cubic meter, jumping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per cubic meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per cubic meter), while the average price for exports to the United Arab Emirates ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Spain

In 2022, supplies from abroad of particle board increased by X% to X cubic meters, rising for the third consecutive year after two years of decline. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, particle board imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X cubic meters), Portugal (X cubic meters) and Germany (X cubic meters) were the main suppliers of particle board imports to Spain, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest particle board suppliers to Spain were Portugal ($X), France ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, Germany, 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 2022, the average particle board import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per cubic meter. From 2019 to 2022, the average import prices failed to regain momentum.

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 Portugal ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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