Spain: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Spain

In 2022, the Spanish market for self-adhesive plastic tape in rolls of a width under 20cm increased by 2.3% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Spain

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 30% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Spain

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were exported from Spain; growing by 2.7% against 2021 figures. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 25%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm reached $X in 2022. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +122.1% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

France (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Spain, accounting for a 48% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to France exceeded the volume sent to the second major destination, Portugal (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+4.4% per year) and Italy (+3.5% per year).

In value terms, France ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Spain, comprising 31% of total exports. The second position in the ranking was taken by Portugal ($X), with a 12% share of total exports. It was followed by the UK, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+4.9% per year) and the UK (+3.2% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, increasing by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Spain

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm increased by 4.3% to X tons, rising for the third year in a row after two years of decline. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 39%. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm expanded markedly to $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Italy (X tons) and China (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Spain, together comprising 57% of total imports. Germany, Portugal, Luxembourg and India lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +50.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Spain were Italy ($X), Germany ($X) and France ($X), with a combined 57% share of total imports. China, Portugal, India and Luxembourg lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Luxembourg, with a CAGR of +26.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, picking up by 3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the price for France ($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 (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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