Spain: Alkali Metals Market 2024

Alkali Metals Market Size in Spain

The Spanish alkali metals market soared to $X in 2021, rising by 63% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Alkali Metals Exports

Exports from Spain

In 2021, shipments abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 83% to X tons, rising for the second year in a row after six years of decline. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 105% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, alkali metals exports contracted to $X in 2021. In general, exports, however, continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 57%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tons) was the main destination for alkali metals exports from Spain, with a 52% share of total exports. Moreover, alkali metals exports to Slovenia exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia stood at +96.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-9.7% per year) and Poland (-18.7% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exports from Spain, comprising 45% of total exports. The second position in the ranking was taken by France ($X), with a 19% share of total exports. It was followed by Poland, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Slovenia stood at +81.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-12.7% per year) and Poland (-25.7% per year).

Export Prices by Country

The average alkali metals export price stood at $X per ton in 2021, waning by -49.5% against the previous year. In general, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 123% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals Imports

Imports into Spain

In 2021, approx. X tons of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were imported into Spain; growing by 36% compared with 2020. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals imports soared to $X in 2021. Overall, imports showed moderate growth. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of alkali metals to Spain, with a 73% share of total imports. Moreover, alkali metals imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), tenfold. Sweden (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+9.3% per year) and Sweden (+49.9% per year).

In value terms, China ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Spain, comprising 65% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total imports. It was followed by Sweden, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.9% per year) and Sweden (+72.9% per year).

Import Prices by Country

In 2021, the average alkali metals import price amounted to $X per ton, rising by 53% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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