Spain: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Spain

For the fourth consecutive year, the Spanish mixed alkylbenzenes, mixed alkylnaphthalenes market recorded growth in sales value, which increased by 298% to $X in 2021. In general, consumption showed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Spain

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production surged to $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Spain

In 2019, mixed alkylbenzenes, mixed alkylnaphthalenes exports from Spain surged to X tons, increasing by 35% compared with 2018 figures. Overall, total exports indicated a strong increase from 2012 to 2019: its volume increased at an average annual rate of +6.4% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -19.1% against 2017 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 44% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports rose remarkably to $X in 2019. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 34% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X tons), South Africa (X tons) and Morocco (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from Spain, with a combined 53% share of total exports. The UK, Colombia, India, Portugal, Turkey, Belgium, Brazil, Germany, China and Kenya lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2019, the biggest increases were recorded for Colombia (with a CAGR of +228.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and the UK ($X) constituted the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from Spain worldwide, together accounting for 53% of total exports. Morocco, Colombia, India, Portugal, Turkey, Belgium, Germany, Brazil, Kenya and China lagged somewhat behind, together accounting for a further 41%.

Colombia, with a CAGR of +238.9%, recorded 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 mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2019, dropping by -15.3% against the previous year. In general, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59%. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, 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 ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Spain

In 2021, imports of mixed alkylbenzenes, mixed alkylnaphthalenes into Spain surged to X tons, growing by 9,009% compared with the previous year. Over the period under review, imports showed a resilient increase. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports surged to $X in 2021. In general, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest mixed alkylbenzenes, mixed alkylnaphthalenes supplier to Spain, with a 88% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Canada exceeded the figures recorded by the second-largest supplier, Egypt (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Canada stood at +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-9.7% per year) and Germany (-29.3% per year).

In value terms, Canada ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Spain, comprising 82% of total imports. The second position in the ranking was taken by Egypt ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-8.4% per year) and Germany (-23.1% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, growing by 7.8% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 28%. Over the period under review, average import prices reached the peak figure 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 Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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