Report Spain - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 20, 2022

Spain - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Spain: Pyrethrum And Peppermint Market 2022

Pyrethrum And Peppermint Market Size in Spain

In 2021, the Spanish pyrethrum and peppermint market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Pyrethrum And Peppermint Production in Spain

In value terms, pyrethrum and peppermint production shrank modestly to $X in 2021 estimated in export prices. Overall, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Pyrethrum And Peppermint Exports

Exports from Spain

In 2021, approx. X tonnes of pyrethrum and peppermint were exported from Spain; with a decrease of -X% on the year before. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tonnes in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, pyrethrum and peppermint exports reached $X in 2021. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of pyrethrum and peppermint exports from Spain, with a combined X% share of total exports. These countries were followed by the UK, Belgium, Italy, the United States, Brazil, Ireland, Morocco, Sweden, Portugal and Austria, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrethrum and peppermint exported from Spain were Germany ($X), France ($X) and the Netherlands ($X), together accounting for X% of total exports. These countries were followed by the UK, Italy, Belgium, Portugal, the United States, Ireland, Austria, Sweden, Brazil and Morocco, which together accounted for a further X, 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

The average pyrethrum and peppermint export price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Portugal ($X per tonne), while the average price for exports to Morocco ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Spain

In 2021, the amount of pyrethrum and peppermint imported into Spain was estimated at X tonnes, with an increase of X% compared with 2020 figures. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, pyrethrum and peppermint imports rose slightly to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Morocco (X tonnes) constituted the largest pyrethrum and peppermint supplier to Spain, with a X% share of total imports. Moreover, pyrethrum and peppermint imports from Morocco exceeded the figures recorded by the second-largest supplier, Egypt (X tonnes), threefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Morocco totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Poland (+X% per year).

In value terms, Morocco ($X), the United States ($X) and Poland ($X) appeared to be the largest pyrethrum and peppermint suppliers to Spain, together comprising X% of total imports.

Morocco, with a CAGR of +X%, recorded the highest growth rate of 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 2021, the average pyrethrum and peppermint import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per tonne), while the price for Tunisia ($X per tonne) was amongst the lowest.

From 2012 to 2021, 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

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2021 were China, the United States and Germany, together comprising 35% of global consumption. Morocco, Japan, South Korea, Egypt, Taiwan Chinese), Brazil, the UK, France and Singapore lagged somewhat behind, together comprising a further 25%.
What are the largest producers of pyrethrum and peppermint in the world?
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China constituted the country with the largest volume of pyrethrum and peppermint production, comprising approx. 27% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, India, twofold. Morocco ranked third in terms of total production with a 7.1% share.
What are the leading suppliers of pyrethrum and peppermint to Spain?
+
In value terms, the largest pyrethrum and peppermint suppliers to Spain were Morocco, the United States and Poland, together comprising 35% of total imports.
What are the leading importers of pyrethrum and peppermint from Spain?
+
In value terms, Germany, France and the Netherlands constituted the largest markets for pyrethrum and peppermint exported from Spain worldwide, with a combined 54% share of total exports. These countries were followed by the UK, Italy, Belgium, Portugal, the United States, Ireland, Austria, Sweden, Brazil and Morocco, which together accounted for a further 35%.
What is the average export price for pyrethrum and peppermint in Spain?
+
The average pyrethrum and peppermint export price stood at $5,868 per tonne in 2021, with an increase of 7.7% against the previous year.
What is the average import price for pyrethrum and peppermint in Spain?
+
The average pyrethrum and peppermint import price stood at $3,719 per tonne in 2021, falling by -2.8% against the previous year.

This report provides an in-depth analysis of the pyrethrum and peppermint market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint
Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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