Spain: Toothpaste Market 2024

Toothpaste Market Size in Spain

The Spanish toothpaste market stood at $X in 2021, flattening at the previous year. In general, consumption continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by 5.4% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Toothpaste Production in Spain

In value terms, toothpaste production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 14% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Toothpaste Exports

Exports from Spain

In 2021, toothpaste exports from Spain surged to X tons, growing by 21% against the year before. Overall, total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste exports expanded significantly to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +100.9% against 2012 indices. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Portugal (X tons) was the main destination for toothpaste exports from Spain, with a 45% share of total exports. Moreover, toothpaste exports to Portugal exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.3% per year) and Germany (+6.5% per year).

In value terms, the largest markets for toothpaste exported from Spain were Portugal ($X), France ($X) and Germany ($X), together accounting for 50% of total exports. These countries were followed by Chile, Italy, the Netherlands, Morocco, Mexico, Peru, Iraq, the United Arab Emirates, Algeria and Turkey, which together accounted for a further 33%.

Among the main countries of destination, Iraq, with a CAGR of +86.6%, recorded the highest rates of growth with regard to 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 toothpaste export price stood at $X per ton in 2021, which is down by -8.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2013 an increase of 19% against the previous year. The export price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Mexico ($X per ton), while the average price for exports to Portugal ($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 Turkey (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Toothpaste Imports

Imports into Spain

In 2021, overseas purchases of toothpaste, denture cleaners and other dentifrices increased by less than 0.1% to X tons, rising for the third year in a row after four years of decline. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 8.1% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, toothpaste imports reached $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 14% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Poland (X tons) constituted the largest toothpaste supplier to Spain, with a 48% share of total imports. Moreover, toothpaste imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. France (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.1% per year) and France (-23.3% per year).

In value terms, the largest toothpaste suppliers to Spain were Poland ($X), Germany ($X) and France ($X), together comprising 62% of total imports. Slovakia, the UK, the Netherlands, Italy, Slovenia and the Czech Republic lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Italy, with a CAGR of +68.5%, recorded 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 toothpaste import price stood at $X per ton in 2021, growing by 4.3% against the previous year. In general, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 46%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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