Spain: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Spain

The Spanish prepared rubber accelerators market soared to $X in 2021, rising by 36% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Prepared rubber accelerators consumption peaked in 2021 and is likely to see steady growth in years to come.

Prepared Rubber Accelerators Production in Spain

In value terms, prepared rubber accelerators production surged to $X in 2021 estimated in export price. In general, production enjoyed significant growth. The growth pace was the most rapid in 2018 when the production volume increased by 403% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Prepared Rubber Accelerators Exports

Exports from Spain

In 2021, approx. X tons of prepared rubber accelerators were exported from Spain; growing by 36% against 2020. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 184%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, prepared rubber accelerators exports soared to $X in 2021. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 163%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for prepared rubber accelerators exports from Spain, accounting for a 42% share of total exports. Moreover, prepared rubber accelerators exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. Mexico (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+21.2% per year) and Mexico (+37.4% per year).

In value terms, Germany ($X) remains the key foreign market for prepared rubber accelerators exports from Spain, comprising 40% of total exports. The second position in the ranking was held by Italy ($X), with a 19% share of total exports. It was followed by Portugal, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+17.7% per year) and Portugal (+20.6% per year).

Export Prices by Country

In 2021, the average prepared rubber accelerators export price amounted to $X per ton, growing by 8.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 19%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to China ($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 Portugal (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into Spain

In 2021, supplies from abroad of prepared rubber accelerators increased by 18% to X tons, rising for the second consecutive year after three years of decline. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 79% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators imports soared to $X in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% 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 +65.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of prepared rubber accelerators imports to Spain, together comprising 64% of total imports. Belgium, Malaysia, France and Japan lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of prepared rubber accelerators to Spain, comprising 33% of total imports. The second position in the ranking was held by Belgium ($X), with a 14% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.7% per year) and Italy (+7.4% per year).

Import Prices by Country

In 2021, the average prepared rubber accelerators import price amounted to $X per ton, with an increase of 22% against the previous year. Overall, the import price, however, showed a mild decline. The pace of growth was the most pronounced in 2018 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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