Spain: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Spain

In 2022, the Spanish market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 9% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, posted strong growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Spain

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof dropped to $X in 2022 estimated in export price. In general, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +68.0% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 37%. Production of peaked at $X in 2021, and then shrank in the following year.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Spain

Exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Spain fell rapidly to X tons in 2022, which is down by -22% compared with 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 40%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 25%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Portugal (X tons), Algeria (X tons) and Morocco (X tons) were the main destinations of exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Spain, with a combined 53% share of total exports. France, Tunisia, Germany, Turkey, Italy, Norway and Poland lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +178.4%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Spain, comprising 51% of total exports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total exports. It was followed by Portugal, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +186.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.5% per year) and Portugal (+10.5% per year).

Export Prices by Country

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, rising by 29% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2017 an increase of 41%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Spain

In 2022, approx. X tons of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were imported into Spain; approximately equating the year before. In general, imports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2018 with an increase of 93% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof expanded rapidly to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines supplier to Spain, accounting for a 62% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Portugal (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.9% per year) and Portugal (-0.3% per year).

In value terms, the Czech Republic ($X), Germany ($X) and China ($X) were the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines suppliers to Spain, together comprising 79% of total imports. Portugal, Hungary and Slovakia lagged somewhat behind, together accounting for a further 10%.

Slovakia, with a CAGR of +69.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, rising by 13% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +127.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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