Spain: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Spain

The Spanish chemical contraceptive preparations market reduced notably to $X in 2021, waning by -25.6% against the previous year. Overall, consumption saw a dramatic decrease. The pace of growth appeared the most rapid in 2017 when the market value increased by 8.9% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Chemical Contraceptive Preparations Production in Spain

In value terms, chemical contraceptive preparations production contracted to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 0.7% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Chemical Contraceptive Preparations Exports

Exports from Spain

In 2021, the amount of chemical contraceptive preparations based on hormones or spermicides exported from Spain expanded modestly to X tons, increasing by 4.7% against 2020. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 104%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, chemical contraceptive preparations exports soared to $X in 2021. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 63%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), Belgium (X tons) and Canada (X tons) were the main destinations of chemical contraceptive preparations exports from Spain, together comprising 59% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +471.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Spain, comprising 45% of total exports. The second position in the ranking was held by Belgium ($X), with a 6.6% share of total exports. It was followed by Italy, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+365.5% per year) and Italy (+216.6% per year).

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2021, growing by 29% against the previous year. Overall, the export price, however, saw a slight contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($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 the UK (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports into Spain

In 2021, after two years of growth, there was significant decline in purchases abroad of chemical contraceptive preparations based on hormones or spermicides, when their volume decreased by -37.2% to X tons. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, chemical contraceptive preparations imports declined remarkably to $X in 2021. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 6.4%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Hungary (X tons) and Ireland (X tons) were the main suppliers of chemical contraceptive preparations imports to Spain, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +19.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest chemical contraceptive preparations suppliers to Spain were Hungary ($X), Germany ($X) and the Netherlands ($X), together accounting for 81% of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +13.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average chemical contraceptive preparations import price amounted to $X per ton, picking up by 35% against the previous year. Overall, the import price, however, saw a noticeable curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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