Spain: Market for Sulphates Of Barium Or Aluminium 2023

Market Size for Sulphates Of Barium Or Aluminium in Spain

The Spanish barium or aluminium sulphates market fell to $X in 2021, which is down by -5.1% against the previous year. Over the period under review, consumption recorded a pronounced reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Spain

In value terms, barium or aluminium sulphates production amounted to $X in 2021 estimated in export price. Overall, production showed a noticeable shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 19% against the previous year. Barium or aluminium sulphates production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Spain

In 2021, the amount of sulphates of barium or aluminium exported from Spain was estimated at X tons, with an increase of 6.1% against the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 18%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports surged to $X in 2021. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for barium or aluminium sulphates exports from Spain, with a 87% share of total exports. Moreover, barium or aluminium sulphates exports to France exceeded the volume sent to the second major destination, Portugal (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) remains the key foreign market for sulphates of barium or aluminium exports from Spain, comprising 59% of total exports. The second position in the ranking was taken by Portugal ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2021, the average barium or aluminium sulphates export price amounted to $X per ton, growing by 30% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Portugal ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+2.0%).

Imports of Sulphates Of Barium Or Aluminium

Imports into Spain

In 2021, approx. X tons of sulphates of barium or aluminium were imported into Spain; growing by 38% against 2020 figures. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of 119%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports soared to $X in 2021. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 85% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Portugal (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of barium or aluminium sulphates imports to Spain, with a combined 74% share of total imports. These countries were followed by Italy, France, China and Finland, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +81.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates suppliers to Spain were Italy ($X), Germany ($X) and France ($X), with a combined 70% share of total imports.

France, with a CAGR of +83.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2021, with an increase of 8.3% against the previous year. Overall, the import price, however, showed a pronounced descent. The growth pace was the most rapid in 2016 an increase of 117%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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