Spain: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Spain

In 2022, the Spanish plastic household articles market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Plastic Household Articles Production in Spain

In value terms, plastic household articles production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 26%. Plastic household articles production peaked in 2022 and is expected to retain growth in years to come.

Plastic Household Articles Exports

Exports from Spain

In 2022, overseas shipments of household articles and toilet articles of plastics decreased by -21.2% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 45%. Over the period under review, the exports hit record highs at X tons in 2021, and then plummeted in the following year.

In value terms, plastic household articles exports fell to $X in 2022. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 34%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Italy (X tons), Portugal (X tons) and France (X tons) were the main destinations of plastic household articles exports from Spain, together comprising 64% of total exports. Germany, the UK, Morocco, the Netherlands and Belgium lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +27.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Spain were Italy ($X), France ($X) and Portugal ($X), with a combined 61% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +19.3%, recorded the highest growth rate of 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 2022, the average plastic household articles export price amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($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 Germany (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Spain

In 2022, supplies from abroad of household articles and toilet articles of plastics decreased by -19.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 44%. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell significantly in the following year.

In value terms, plastic household articles imports fell slightly to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +64.4% against 2012 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 21% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped modestly in the following year.

Imports by Country

China (X tons), Italy (X tons) and France (X tons) were the main suppliers of plastic household articles imports to Spain, together accounting for 65% of total imports. Portugal, Turkey, Germany, Denmark, Poland, the Netherlands and Greece lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of household articles and toilet articles of plastics to Spain, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by Germany, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.5% per year) and Germany (+3.2% per year).

Import Prices by Country

In 2022, the average plastic household articles import price amounted to $X per ton, with an increase of 21% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Greece ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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