Spain: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Spain

The Spanish market for plasticised mixed polyvinyl chloride in primary forms declined sharply to $X in 2022, falling by -29.9% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Spain

In value terms, production of plasticised mixed polyvinyl chloride in primary forms shrank to $X in 2022 estimated in export price. In general, production, however, showed a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Spain

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms exported from Spain declined to X tons, which is down by -8.4% compared with 2021 figures. In general, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 25% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms rose significantly to $X in 2022. Overall, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Spain, accounting for a 54% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to France exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+13.2% per year) and Germany (+37.1% per year).

In value terms, France ($X) remains the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Spain, comprising 56% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 7.7% share of total exports. It was followed by Germany, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+13.8% per year) and Germany (+31.4% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, growing by 19% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +68.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Spain

In 2022, imports of plasticised mixed polyvinyl chloride in primary forms into Spain contracted to X tons, declining by -2.2% on 2021 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms totaled $X in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Portugal (X tons) constituted the largest plasticised mixed polyvinyl chloride in primary forms supplier to Spain, accounting for a 67% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Portugal exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.9% per year) and Germany (-2.6% per year).

In value terms, Portugal ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Spain, comprising 55% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.2% per year) and Germany (-4.6% per year).

Import Prices by Country

In 2022, the average import price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, rising by 5.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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