Spain: Stamping Foil Market 2024

Stamping Foil Market Size in Spain

In 2022, the Spanish stamping foil market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Stamping Foil Production in Spain

In value terms, stamping foil production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Stamping Foil Exports

Exports from Spain

For the third year in a row, Spain recorded growth in overseas shipments of stamping foils, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, stamping foil exports shrank slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Portugal (X tons) was the main destination for stamping foil exports from Spain, with a X% share of total exports. Moreover, stamping foil exports to Portugal exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was taken by France (X tons), with an X% share.

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

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

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

Export Prices by Country

The average stamping foil export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

Stamping Foil Imports

Imports into Spain

In 2022, overseas purchases of stamping foils increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, stamping foil imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of stamping foil imports to Spain, with a combined X% share of total imports.

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

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest stamping foil suppliers to Spain, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 stamping foil import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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