Spain: Sisal Binder Market 2024

Sisal Binder Market Size in Spain

The Spanish sisal binder market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed a significant increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Sisal Binder Production in Spain

In value terms, sisal binder production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sisal Binder Exports

Exports from Spain

In 2022, overseas shipments of sisal binder or baler (agricultural) twines were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a perceptible descent. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sisal binder exports skyrocketed to $X in 2022. In general, exports saw a moderate expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Portugal (X tons) was the main destination for sisal binder exports from Spain, with a X% share of total exports. Moreover, sisal binder exports to Portugal exceeded the volume sent to the second major destination, Cuba (X tons), sevenfold. The third position in this ranking was held by Morocco (X tons), with a X% share.

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

In value terms, Portugal ($X) remains the key foreign market for sisal binder or baler (agricultural) twines exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with an X% share of total exports. It was followed by Cuba, with an X% share.

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

Export Prices by Country

The average sisal binder export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Gambia ($X per ton), while the average price for exports to France ($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 Gambia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Spain

In 2022, imports of sisal binder or baler (agricultural) twines into Spain soared to X tons, rising by X% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sisal binder imports surged to $X in 2022. Overall, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), France (X tons) and Portugal (X tons) were the main suppliers of sisal binder imports to Spain, together comprising X% of total imports. Germany, the Czech Republic, China and Italy lagged somewhat behind, together comprising a further X%.

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 sisal binder suppliers to Spain were Germany ($X), France ($X) and Portugal ($X), with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, saw 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

The average sisal binder import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price 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, sisal binder import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Brazil ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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