Spain: Plastic Supports Market 2025

Plastic Supports Market Size in Spain

The Spanish plastic supports market soared to $X in 2022, surging by 27% against the previous year. In general, consumption recorded a buoyant expansion. Plastic supports consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Supports Production in Spain

In value terms, plastic supports production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by 67% against the previous year. Plastic supports production peaked in 2022 and is expected to retain growth in years to come.

Plastic Supports Exports

Exports from Spain

After two years of growth, overseas shipments of spools, cops, bobbins and similar supports of plastics decreased by -4.5% to X tons in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 26%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, plastic supports exports fell to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +20.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 65%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Morocco (X tons) was the main destination for plastic supports exports from Spain, with a 28% share of total exports. Moreover, plastic supports exports to Morocco exceeded the volume sent to the second major destination, Italy (X tons), twofold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+8.3% per year) and Germany (+7.0% per year).

In value terms, France ($X), Morocco ($X) and Germany ($X) constituted the largest markets for plastic supports exported from Spain worldwide, with a combined 52% share of total exports. Italy, the UK, Turkey, Poland, China, Slovakia, the Dominican Republic, Portugal, Ireland and Cuba lagged somewhat behind, together comprising a further 32%.

Among the main countries of destination, the Dominican Republic, with a CAGR of +44.7%, saw 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 plastic supports export price stood at $X per ton in 2022, reducing by -3.6% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 82% against the previous year. The export price peaked at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($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 China (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Supports Imports

Imports into Spain

In 2022, plastic supports imports into Spain rose to X tons, surging by 4.7% compared with the previous year's figure. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.6% 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 +12.6% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 28%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plastic supports imports reached $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +22.2% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main suppliers of plastic supports imports to Spain, with a combined 62% share of total imports. Portugal, Belgium, China, Austria, Poland and Sweden lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +73.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest plastic supports suppliers to Spain, with a combined 69% share of total imports. Portugal, China, Belgium, Austria, Poland and Sweden lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Austria, with a CAGR of +55.3%, recorded the highest growth rate of 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 plastic supports import price stood at $X per ton in 2022, with a decrease of -1.6% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic supports import price increased by +15.2% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 ($X per ton), while the price for Portugal ($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 (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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