Spain: Bentonite Market 2021

Bentonite Market Size in Spain

After three years of growth, the Spanish bentonite market decreased by -X% to $X in 2019. Overall, consumption, however, recorded a slight increase. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018, and then contracted in the following year.

Bentonite Production in Spain

In value terms, bentonite production expanded to $X in 2019 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Bentonite Exports

Exports from Spain

In 2019, overseas shipments of bentonite decreased by -X% to X tons for the first time since 2016, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a slight setback. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, bentonite exports contracted to $X in 2019. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the key exporters of bentonite, together constituting X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) held a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Spain were the U.S. ($X), Turkey ($X) and India ($X), with a combined X% share of total exports.

Turkey recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Spain amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2014 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Spain

In 2019, purchases abroad of bentonite decreased by -X% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tons in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, bentonite imports shrank to $X in 2019. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the twelve major importers of bentonite, namely Germany, Canada, Indonesia, the Netherlands, Malaysia, Poland, Russia, Saudi Arabia, Thailand, the UK, Japan and France, represented more than half of total import. Italy (X tons) took a minor share of total imports.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Spain were Germany ($X), Canada ($X) and the Netherlands ($X), with a combined X% share of total imports. Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Spain amounted to $X per ton, standing approx. at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the import price increased by X% year-to-year. Spain import price peaked at $X per ton in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform