Spain: Sorbitol Market 2025

Sorbitol Market Size in Spain

The Spanish sorbitol market stood at $X in 2021, with an increase of 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.3% against 2019 indices. Sorbitol consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sorbitol Exports

Exports from Spain

In 2021, approx. X tons of sorbitol (excluding d-glucitol) were exported from Spain; falling by -19.1% on the previous year's figure. In general, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 219%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, sorbitol exports fell remarkably to $X in 2021. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 509%. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

Mexico (X tons), Vietnam (X tons) and Portugal (X tons) were the main destinations of sorbitol exports from Spain, with a combined 77% share of total exports. These countries were followed by Brazil, Morocco, Sweden, Turkey and the Netherlands, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +147.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sorbitol exported from Spain were Mexico ($X), Vietnam ($X) and Brazil ($X), with a combined 78% share of total exports. These countries were followed by Portugal, Morocco, Sweden, Turkey and the Netherlands, which together accounted for a further 16%.

In terms of the main countries of destination, Sweden, with a CAGR of +147.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sorbitol export price stood at $X per ton in 2021, falling by -37.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 91% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the average price for exports to Turkey ($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 (-0.2%), while the prices for the other major destinations experienced a decline.

Sorbitol Imports

Imports into Spain

Sorbitol imports into Spain fell to X tons in 2021, waning by -3.1% against the year before. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.5% 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 decreased by -25.3% against 2017 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, sorbitol imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2015 with an increase of 133%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of sorbitol to Spain, with a 64% share of total imports. Moreover, sorbitol imports from France exceeded the figures recorded by the second-largest supplier, Ireland (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-8.8% per year) and Italy (-10.1% per year).

In value terms, the largest sorbitol suppliers to Spain were Ireland ($X), France ($X) and Belgium ($X), with a combined 93% share of total imports.

Belgium, with a CAGR of +19.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average sorbitol import price amounted to $X per ton, with an increase of 27% against the previous year. Over the period under review, the import price posted a mild expansion. The pace of growth appeared the most rapid in 2015 an increase of 91% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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