Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Spain - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (CIF) - 2023
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (FOB) - 2023
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (CIF) - 2023

In October 2023, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $511 per ton, increasing by 14% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $704 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,235 per ton), while the price for the Netherlands ($197 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Portugal (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (FOB) - 2023

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $398 per ton in October 2023, reducing by -12% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 25% m-o-m. The export price peaked at $528 per ton in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Germany ($702 per ton), while the average price for exports to Morocco ($196 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain

In 2022, approx. 773K tons of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were imported into Spain; leveling off at the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of 781K tons, leveling off in the following year.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates skyrocketed to $323M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey93.395.111019026.8%
Germany16.717.122.029.821.3%
China14.210.921.020.412.8%
Italy5.16.49.111.531.1%
Portugal5.74.76.111.225.3%
France6.48.88.510.317.2%
Others37.930.536.249.99.6%
Total17917321332321.7%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Spain in 2022:

  1. Turkey (577.4K tons)
  2. Portugal (62.8K tons)
  3. Germany (26.0K tons)
  4. China (18.7K tons)
  5. Italy (17.1K tons)
  6. France (17.0K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain

Exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Spain declined to 789K tons in 2022, flattening at 2021 figures. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 790K tons, leveling off in the following year.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $290M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil67.446.542.680.15.9%
France28.434.264.551.321.8%
Argentina9.04.87.519.729.8%
Nigeria2.20.66.514.788.3%
Portugal9.36.511.513.513.2%
Thailand11.011.68.313.16.0%
Morocco7.37.97.710.713.6%
South Africa1.11.53.610.0108.7%
Egypt0.40.70.35.6141.0%
Chile4.66.56.95.24.2%
United Kingdom4.210.74.34.95.3%
Others40.049.788.461.715.5%
Total18518125229016.2%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Spain in 2022:

  1. Brazil (231.1K tons)
  2. France (123.8K tons)
  3. Nigeria (78.2K tons)
  4. Argentina (56.6K tons)
  5. Morocco (43.2K tons)
  6. South Africa (37.0K tons)
  7. Thailand (35.3K tons)
  8. Portugal (34.7K tons)
  9. Egypt (14.9K tons)
  10. United Kingdom (13.6K tons)
  11. Chile (11.9K tons)

Source: IndexBox Market Intelligence Platform

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