Spain: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Spain

The Spanish gypsum and anhydrite market contracted rapidly to $X in 2021, shrinking by -20% against the previous year. Overall, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Gypsum And Anhydrite Production in Spain

In value terms, gypsum and anhydrite production totaled $X in 2021 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +67.0% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

Gypsum And Anhydrite Exports

Exports from Spain

In 2021, approx. X tons of gypsum and anhydrite were exported from Spain; with an increase of 12% compared with 2020 figures. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 26%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, gypsum and anhydrite exports amounted to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +58.1% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of 24%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons), the UK (X tons) and Nigeria (X tons) were the main destinations of gypsum and anhydrite exports from Spain, together comprising 56% of total exports. These countries were followed by Canada, Colombia, Finland, Ireland, Ghana, Togo, Belgium, Norway, Senegal and Cameroon, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +54.7%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Nigeria ($X) were the largest markets for gypsum and anhydrite exported from Spain worldwide, with a combined 49% share of total exports. Canada, Belgium, Colombia, Finland, Ireland, Togo, Ghana, Norway, Senegal and Cameroon lagged somewhat behind, together comprising a further 34%.

Among the main countries of destination, Belgium, with a CAGR of +62.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average gypsum and anhydrite export price amounted to $X per ton, shrinking by -3.2% against the previous year. In general, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 9.8% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Nigeria ($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 Belgium (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Gypsum And Anhydrite Imports

Imports into Spain

In 2021, approx. X tons of gypsum and anhydrite were imported into Spain; with a decrease of -15.3% on 2020 figures. Overall, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 425%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, gypsum and anhydrite imports declined to $X in 2021. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2016 with an increase of 272%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of gypsum and anhydrite to Spain, with a 59% share of total imports. Moreover, gypsum and anhydrite imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+31.6% per year) and Germany (+6.9% per year).

In value terms, Portugal ($X) constituted the largest supplier of gypsum and anhydrite to Spain, comprising 56% of total imports. The second position in the ranking was held by France ($X), with a 24% share of total imports. It was followed by Germany, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Portugal totaled +50.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.3% per year) and Germany (+1.4% per year).

Import Prices by Country

In 2021, the average gypsum and anhydrite import price amounted to $X per ton, surging by 9% against the previous year. Overall, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 935%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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