Spain: Platinum Catalysts Market 2025

Platinum Catalysts Market Size in Spain

In 2022, the Spanish platinum catalysts market increased by 157% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed a significant expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Platinum Catalysts Production in Spain

In value terms, platinum catalysts production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 10% against the previous year. Platinum catalysts production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Platinum Catalysts Exports

Exports from Spain

In 2022, the amount of platinum catalysts exported from Spain skyrocketed to X tons, jumping by 78% compared with the previous year's figure. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 32,916% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, platinum catalysts exports surged to $X in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2013 with an increase of 1,000,506%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X tons) was the main destination for platinum catalysts exports from Spain, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Belgium stood at +15.5%.

In value terms, Belgium ($X) also remains the key foreign market for platinum catalysts exports from Spain.

From 2013 to 2022, the average annual rate of growth in terms of value to Belgium stood at +16.4%.

Export Prices by Country

The average platinum catalysts export price stood at $X per ton in 2022, waning by -8.4% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 1,349% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2013 to 2022, the rate of growth in terms of prices for Brazil amounted to +1,349.2% per year.

Platinum Catalysts Imports

Imports into Spain

In 2022, approx. X tons of platinum catalysts were imported into Spain; increasing by 204% against 2021. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 34,902%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, platinum catalysts imports soared to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 3,849% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Poland (X tons) constituted the largest platinum catalysts supplier to Spain, accounting for a 89% share of total imports. Moreover, platinum catalysts imports from Poland exceeded the figures recorded by the second-largest supplier, the UK (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +355.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+126.0% per year) and Germany (+3.6% per year).

In value terms, the UK ($X) constituted the largest supplier of platinum catalysts to Spain, comprising 95% of total imports. The second position in the ranking was held by Poland ($X), with a 3.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +54.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+63.4% per year) and Germany (+2.2% per year).

Import Prices by Country

The average platinum catalysts import price stood at $X per ton in 2022, declining by -36.8% against the previous year. Over the period under review, the import price faced a precipitous slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,346%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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