Spain: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Spain

In 2021, the Spanish market for plastic plates, sheets, film, foil and strip was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Spain

In value terms, production of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Spain

For the eighth consecutive year, Spain recorded growth in overseas shipments of plastic plates, sheets, film, foil and strip, which increased by 2.3% to X tons in 2021. The total export volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when exports increased by 13%. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, exports of plastic plates, sheets, film, foil and strip soared to $X in 2021. The total export value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Spain, with a 23% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.3% per year) and Portugal (+1.3% per year).

In value terms, France ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from Spain, comprising 22% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of total exports. It was followed by Portugal, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.4% per year) and Portugal (+2.8% per year).

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 19% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Belgium ($X per ton), while the average price for exports to Morocco ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Spain

Imports of plastic plates, sheets, film, foil and strip into Spain stood at X tons in 2021, increasing by 2.8% on the year before. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.5% against 2014 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 26% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total import value increased at an average annual rate of +5.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Portugal (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Spain, with a combined 39% share of total imports. Saudi Arabia, France, Turkey, Belgium, Egypt, China, India, the Netherlands and the UK lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +29.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Portugal ($X) and Italy ($X) appeared to be the largest plastic plate, sheet, film, foil and strip suppliers to Spain, with a combined 40% share of total imports. France, Belgium, Turkey, Saudi Arabia, the UK, China, the Netherlands, Egypt and India lagged somewhat behind, together accounting for a further 41%.

Egypt, with a CAGR of +26.2%, saw the highest growth rate of the value of imports, in terms of 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 import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, picking up by 23% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Saudi Arabia ($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 UK (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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