Spain: Scent Spray Market 2024

Scent Spray Market Size in Spain

In 2022, the Spanish scent spray market decreased by X% to $X, falling for the second year in a row after five years of growth. In general, consumption faced a deep downturn. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Scent Spray Production in Spain

In value terms, scent spray production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a precipitous contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Scent spray production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Scent Spray Exports

Exports from Spain

Scent spray exports from Spain surged to X tons in 2022, with an increase of X% compared with the previous year's figure. Overall, exports showed significant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, scent spray exports skyrocketed to $X in 2022. In general, exports saw resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for scent spray exports from Spain, with a X% share of total exports. Moreover, scent spray exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, France ($X) remains the key foreign market for scent sprays exports from Spain, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Italy (X% per year).

Export Prices by Country

The average scent spray export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the Netherlands ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Scent Spray Imports

Imports into Spain

In 2022, overseas purchases of scent sprays decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, scent spray imports amounted to $X in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of scent spray imports to Spain, together accounting for X% of total imports. France, the Netherlands, Turkey and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scent spray suppliers to Spain were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total imports. China, the Netherlands, Turkey and South Korea lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded 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 2022, the average scent spray import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :