Price for Poly(Lactic Acid); in Primary Forms in Spain - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Spain (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Spain (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Spain
- Exports of Poly(Lactic Acid); in Primary Forms in Spain
Price for Poly(Lactic Acid); in Primary Forms in Spain (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $4,627 per ton in 2022, increasing by 30% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poly(lactic acid); in primary forms import price decreased by +0.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 79%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($5,928 per ton) and Brazil ($5,480 per ton), while the price for Italy ($4,085 per ton) and the Netherlands ($4,223 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Spain (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $1,929 per ton in 2022, growing by 15% against the previous year. In general, the export price, however, showed a perceptible downturn. The growth pace was the most rapid in 2020 when the average export price increased by 155%. The export price peaked at $5,871 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6,017 per ton), while the average price for exports to the Netherlands ($874 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 Malaysia (+81.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Spain
In 2022, purchases abroad of poly(lactic acid); in primary formses decreased by -28.1% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 198% against the previous year.
In value terms, poly(lactic acid); in primary forms imports shrank to $6.6M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 293% against the previous year. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Poly(Lactic Acid); in Primary Forms in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.6 | 1.6 | 3.4 | 3.1 | 72.9% |
| Germany | 0.6 | 3.1 | 2.2 | 1.3 | 29.4% |
| Italy | N/A | 0.1 | 0.1 | 1.0 | 216.2% |
| United States | 0.7 | 0.1 | 0.3 | 0.5 | -10.6% |
| Belgium | N/A | 1.5 | 0.8 | 0.4 | -48.4% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 1.1 | 0.3 | 0.1 | -69.8% |
| Total | 1.9 | 7.5 | 7.0 | 6.6 | 51.4% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Spain in 2022:
- Netherlands (727.2 tons)
- Italy (254.3 tons)
- Germany (223.7 tons)
- United States (94.0 tons)
- Belgium (77.7 tons)
- Brazil (23.1 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Spain
After three years of growth, overseas shipments of poly(lactic acid); in primary formses decreased by -34.4% to 139 tons in 2022. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 213 tons, and then fell markedly in the following year.
In value terms, poly(lactic acid); in primary forms exports reduced dramatically to $269K in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 235% against the previous year.
| Export of Poly(Lactic Acid); in Primary Forms in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.6 | 15.4 | 40.8 | 101 | 452.1% |
| Netherlands | 36.4 | 81.9 | 74.5 | 82.2 | 31.2% |
| Germany | 1.4 | 34.3 | 7.2 | 47.6 | 224.0% |
| Portugal | 5.0 | 87.4 | 48.3 | 4.9 | -0.7% |
| Belgium | N/A | 33.7 | 2.1 | 2.4 | -73.3% |
| Hungary | 29.1 | N/A | N/A | 0.3 | -78.2% |
| Hong Kong SAR | N/A | 11.7 | N/A | N/A | 0% |
| Malaysia | 4.5 | N/A | 6.9 | N/A | 23.8% |
| Brazil | N/A | N/A | 87.6 | N/A | 0% |
| Others | 5.3 | 11.3 | 90.6 | 31.0 | 80.2% |
| Total | 82.2 | 276 | 358 | 269 | 48.5% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Spain in 2022:
- Netherlands (94.0 tons)
- Germany (20.0 tons)
- Italy (16.7 tons)
- Portugal (1.7 tons)
- Belgium (1.0 tons)
- Hungary (0.1 tons)
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