Spain: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Spain

In 2021, the Spanish market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -0.2% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, saw a noticeable expansion. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Spain

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals totaled $X in 2021 estimated in export price. In general, production, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of 55%. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Spain

In 2021, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 449% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals declined remarkably to $X in 2021. Over the period under review, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2019 with an increase of 428% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Spain, with a 52% share of total exports. Moreover, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Belgium exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Portugal (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+194.6% per year) and Portugal (-9.7% per year).

In value terms, Belgium ($X) remains the key foreign market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports from Spain, comprising 47% of total exports. The second position in the ranking was taken by Portugal ($X), with a 16% share of total exports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium totaled +21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-11.4% per year) and France (+154.5% per year).

Export Prices by Country

In 2021, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, shrinking by -49.9% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 460% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Hungary ($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 Mexico (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Spain

For the fifth consecutive year, Spain recorded growth in purchases abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, which increased by 22% to X tons in 2021. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 131% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021. In general, imports showed a significant increase. The growth pace was the most rapid in 2018 with an increase of 132% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to Spain, with a 54% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by India (X tons), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +121.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and India (+26.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Spain, comprising 30% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +102.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.9% per year) and Italy (+102.8% per year).

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, waning by -17.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. The import price peaked at $X per ton in 2020, and then dropped rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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