Spain: Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size in Spain

In 2022, the Spanish cyclic hydrocarbons market decreased by X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cyclic Hydrocarbons Production in Spain

In value terms, cyclic hydrocarbons production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Cyclic hydrocarbons production peaked in 2022 and is likely to see gradual growth in years to come.

Cyclic Hydrocarbons Exports

Exports from Spain

In 2022, shipments abroad of cyclic hydrocarbons increased by X% to X tons, rising for the second year in a row after five years of decline. In general, exports posted a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports soared to $X in 2022. Over the period under review, exports continue to indicate a notable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tons), Greece (X tons) and the Netherlands (X tons) were the main destinations of cyclic hydrocarbons exports from Spain, with a combined X% share of total exports.

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

In value terms, the largest markets for cyclic hydrocarbons exported from Spain were Turkey ($X), Greece ($X) and the Netherlands ($X), with a combined X% share of total exports. Italy, France, the United States and Belgium lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and Greece ($X per ton), while the average price for exports to Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Cyclic Hydrocarbons Imports

Imports into Spain

In 2022, approx. X tons of cyclic hydrocarbons were imported into Spain; dropping by X% against 2021 figures. Overall, imports saw a mild shrinkage. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports amounted to $X in 2022. Over the period under review, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), Israel (X tons) and India (X tons) were the main suppliers of cyclic hydrocarbons imports to Spain, with a combined X% share of total imports. The United States, France, the Netherlands, Belgium, Turkey, Italy, Portugal and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclic hydrocarbons suppliers to Spain were Saudi Arabia ($X), Israel ($X) and the United States ($X), with a combined X% share of total imports. India, the Netherlands, France, Belgium, Turkey, Italy, Portugal and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyclic hydrocarbons import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, 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 Russia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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