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Spain - Natural And Modified Natural Polymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain's Import of Natural Polymers Sees a Modest Increase to $135M in 2023
Spain Natural Polymers Imports
In 2023, approx. 12K tons of natural and modified natural polymers in primary forms were imported into Spain; growing by 3.1% on 2022. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 53%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.
In value terms, natural polymers imports totaled $135M (IndexBox estimates) in 2023. In general, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of $150M. From 2022 to 2023, the growth of imports failed to regain momentum.
COUNTRY | Import Value of Natural Polymers in Spain (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
China | 13.9 | 16.3 | 13.1 | 13.0 | 14.7 | 14.8 | 15.3 | 15.5 | 21.7 | 29.4 | 40.9 |
Italy | 2.7 | 2.7 | 2.7 | 3.4 | 3.6 | 5.6 | 9.5 | 19.3 | 31.9 | 32.4 | 27.8 |
Sweden | 8.0 | 6.5 | 10.1 | 11.1 | 11.0 | 16.0 | 13.6 | 11.0 | 20.4 | 16.7 | 14.7 |
France | 5.6 | 4.0 | 3.2 | 3.6 | 4.3 | 4.1 | 4.8 | 5.8 | 10.1 | 9.5 | 11.0 |
Germany | 4.4 | 4.8 | 4.0 | 3.9 | 4.4 | 7.5 | 5.8 | 5.6 | 34.7 | 16.0 | 9.0 |
Netherlands | 1.9 | 1.9 | 2.0 | 2.3 | 2.8 | 2.6 | 5.9 | 7.1 | 7.9 | 6.6 | 6.1 |
Austria | 2.0 | 2.0 | 1.9 | 2.0 | 2.1 | 2.4 | 2.7 | 2.2 | 2.4 | 4.0 | 5.4 |
Others | 12.5 | 11.6 | 11.6 | 9.9 | 11.1 | 16.3 | 15.9 | 21.0 | 20.9 | 18.5 | 20.1 |
Total | 51.1 | 49.9 | 48.6 | 49.3 | 53.9 | 69.2 | 73.6 | 87.6 | 150 | 133 | 135 |
Imports by Country
In 2023, Italy (6.5K tons) constituted the largest natural polymers supplier to Spain, with a 53% share of total imports. Moreover, natural polymers imports from Italy exceeded the figures recorded by the second-largest supplier, China (2.3K tons), threefold. The third position in this ranking was taken by Germany (425 tons), with a 3.5% share.
From 2013 to 2023, the average annual growth rate of volume from Italy stood at +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.4% per year) and Germany (+6.4% per year).
In value terms, China ($41M), Italy ($28M) and Sweden ($15M) appeared to be the largest natural polymers suppliers to Spain, together comprising 62% of total imports.
Among the main suppliers, Italy, with a CAGR of +26.4%, recorded the highest growth rate of 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 natural polymers price stood at $10,976 per ton (CIF, Spain), falling by -1.7% against the previous year. Over the period under review, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. The import price peaked at $13,101 per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.
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 France ($40,437 per ton), while the price for Egypt ($3,598 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by France (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the natural polymers 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:
- Prodcom 20165960 - Natural and modified natural polymers, in primary forms (including alginic acid, hardened proteins, chemical derivatives of natural rubber)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023