Report Update Nov 1, 2024

Spain - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Ethylene Market 2024

Ethylene Market Size in Spain

In 2021, the Spanish ethylene market was finally on the rise to reach $X after three years of decline. In general, consumption saw a mild slump. Ethylene consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Ethylene Production in Spain

In value terms, ethylene production expanded to $X in 2021 estimated in export price. Overall, production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Ethylene production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Ethylene Exports

Exports from Spain

In 2021, shipments abroad of ethylene decreased by -21.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 8,093%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then reduced remarkably in the following year.

In value terms, ethylene exports surged to $X in 2021. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 1,604%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X tons), Italy (X tons) and Algeria (X tons) were the main destinations of ethylene exports from Spain, with a combined 89% share 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 Sweden (with a CAGR of +811.5%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Sweden ($X) and Algeria ($X) constituted the largest markets for ethylene exported from Spain worldwide, together comprising 84% of total exports.

Sweden, with a CAGR of +692.7%, saw the highest growth rate of the value of exports, among 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

The average ethylene export price stood at $X per ton in 2021, increasing by 62% against the previous year. Overall, the export price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 266% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 China (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Imports

Imports into Spain

In 2021, imports of ethylene into Spain skyrocketed to X tons, jumping by 126% on the previous year. In general, imports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2019 when imports increased by 140%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ethylene imports surged to $X in 2021. Overall, imports, however, saw a abrupt curtailment. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest ethylene supplier to Spain, with a 73% share of total imports. Moreover, ethylene imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+14.4% per year) and Italy (-15.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ethylene to Spain, comprising 67% of total imports. The second position in the ranking was held by Portugal ($X), with a 23% share of total imports. It was followed by the UK, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+13.0% per year) and the UK (+81.3% per year).

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, growing by 42% against the previous year. In general, the import price, however, recorded a deep downturn. Over the period under review, average import prices hit record highs 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 the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

China constituted the country with the largest volume of ethylene consumption, accounting for 23% of total volume. Moreover, ethylene consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ethylene in the world?

The country with the largest volume of ethylene production was China, comprising approx. 22% of total volume. Moreover, ethylene production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of ethylene to Spain?

In value terms, the Netherlands constituted the largest supplier of ethylene to Spain, comprising 67% of total imports. The second position in the ranking was occupied by Portugal, with a 23% share of total imports. It was followed by the UK, with a 5.1% share.

What are the leading importers of ethylene from Spain?

In value terms, the largest markets for ethylene exported from Spain were Italy, Sweden and Algeria, together accounting for 84% of total exports.

What is the average export price for ethylene in Spain?

The average ethylene export price stood at $888 per ton in 2021, increasing by 114% against the previous year.

What is the average import price for ethylene in Spain?

The average ethylene import price stood at $639 per ton in 2021, picking up by 1.8% against the previous year.

This report provides an in-depth analysis of the ethylene market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141130 - Ethylene

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023