Spain - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBiodiesel Price in Spain Drops 10% to $1,950 per Ton
Spain Biodiesel Export Price in August 2022
In August 2022, the biodiesel price amounted to $1,950 per ton (FOB, Spain), reducing by -10.6% against the previous month. Over the last seven months, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in April 2022 when the average export price increased by 16% against the previous month. The export price peaked at $2,181 per ton in July 2022, and then declined in the following month.
Average prices varied noticeably for the major overseas markets. In August 2022, the highest price was recorded for prices to Italy ($2,116 per ton) and Belgium ($2,100 per ton), while the average price for exports to France ($1,727 per ton) and the Netherlands ($1,730 per ton) were amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Spain Biodiesel Exports
In August 2022, shipments abroad of biodiesel increased by 22% to 185K tons for the first time since May 2022, thus ending a two-month declining trend. Over the period under review, total exports indicated measured growth from January 2022 to August 2022: its volume increased at an average monthly rate of +2.1% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports decreased by -22.2% against May 2022 indices. The most prominent rate of growth was recorded in April 2022 with an increase of 80% month-to-month. The exports peaked at 238K tons in May 2022; however, from June 2022 to August 2022, the exports failed to regain momentum.
In value terms, biodiesel exports rose rapidly to $361M (IndexBox estimates) in August 2022. Overall, total exports indicated temperate growth from January 2022 to August 2022: its value increased at an average monthly rate of +4.7% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports decreased by -22.0% against May 2022 indices. The pace of growth was the most pronounced in April 2022 when exports increased by 109% month-to-month. Over the period under review, the exports hit record highs at 462K tons in May 2022; however, from June 2022 to August 2022, the exports remained at a lower figure.
Spain Biodiesel Exports by Country
Italy (87K tons) was the main destination for biodiesel exports from Spain, accounting for a 47% share of total exports. Moreover, biodiesel exports to Italy exceeded the volume sent to the second major destination, the Netherlands (42K tons), twofold. The third position in this ranking was held by Bulgaria (28K tons), with a 15% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume to Italy amounted to +3.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (+4.4% per month) and Bulgaria (+13.4% per month).
In value terms, Italy ($185M) remains the key foreign market for biodiesel exports from Spain, comprising 51% of total exports. The second position in the ranking was held by the Netherlands ($73M), with a 20% share of total exports. It was followed by Bulgaria, with a 15% share.
From January 2022 to August 2022, the average monthly growth rate of value to Italy totaled +6.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (+5.9% per month) and Bulgaria (+15.4% per month).
This report provides an in-depth analysis of the biodiesel 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 20595997 - Biofuels (diesel substitute)
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