Report Update Nov 1, 2024

Spain - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in Spain

The Spanish tall oil fatty acids market amounted to $X in 2021, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a mild decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Industrial Tall Oil Fatty Acids

Exports from Spain

In 2021, tall oil fatty acids exports from Spain soared to X tons, increasing by 1,311% against the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tall oil fatty acids exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 509%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tons), the Netherlands (X tons) and Bulgaria (X tons) were the main destinations of tall oil fatty acids exports from Spain, with a combined 54% 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 Bulgaria (with a CAGR of +5,436.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tall oil fatty acids exported from Spain were Saudi Arabia ($X), Bulgaria ($X) and Poland ($X), with a combined 34% share of total exports.

Bulgaria, with a CAGR of +177.6%, 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 2021, the average tall oil fatty acids export price amounted to $X per ton, with a decrease of -71.3% against the previous year. Overall, the export price saw a slight slump. The pace of growth appeared the most rapid in 2020 an increase of 147%. As a result, the export price attained the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Germany (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Industrial Tall Oil Fatty Acids

Imports into Spain

In 2021, the amount of industrial tall oil fatty acids imported into Spain soared to X tons, with an increase of 42% on 2020 figures. In general, imports showed a mild expansion. The pace of growth appeared the most rapid in 2015 with an increase of 369% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, tall oil fatty acids imports skyrocketed to $X in 2021. Over the period under review, imports recorded tangible growth. The pace of growth was the most pronounced in 2015 when imports increased by 261% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Russia (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of tall oil fatty acids imports to Spain, with a combined 74% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +525.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Russia ($X) constituted the largest tall oil fatty acids suppliers to Spain, with a combined 69% share of total imports.

Russia, with a CAGR of +571.5%, recorded the highest rates of growth with regard to 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

In 2021, the average tall oil fatty acids import price amounted to $X per ton, increasing by 14% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tall oil fatty acids import price increased by +49.5% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids consumption in 2020 were Sweden, the United States and Germany, with a combined 25% share of global consumption. These countries were followed by China, Mexico, Italy, Russia, India, Belgium, Poland, Turkey, the Netherlands and Finland, which together accounted for a further 35%.

What are the largest producers of industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids production in 2020 were the United States, Finland and Sweden, together accounting for 78% of global production. France, the Netherlands, Austria and New Zealand lagged somewhat behind, together accounting for a further 15%.

What are the leading suppliers of industrial tall oil fatty acids to Spain?

In value terms, the largest tall oil fatty acids suppliers to Spain were France, the Netherlands and Finland, together comprising 86% of total imports. Russia, Sweden and the UK lagged somewhat behind, together accounting for a further 13%.

What are the leading importers of industrial tall oil fatty acids from Spain?

In value terms, Portugal, Poland and Bulgaria constituted the largest markets for tall oil fatty acids exported from Spain worldwide, together accounting for 68% of total exports.

What is the average export price for industrial tall oil fatty acids in Spain?

The average tall oil fatty acids export price stood at $2,269 per ton in 2020, shrinking by -23.3% against the previous year.

What is the average import price for industrial tall oil fatty acids in Spain?

The average tall oil fatty acids import price stood at $1,164 per ton in 2020, growing by 9.4% against the previous year.

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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