Spain: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Spain

The Spanish trichloroethylene and tetrachloroethylene market shrank markedly to $X in 2021, which is down by -18% 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). In general, consumption saw a abrupt descent. Trichloroethylene and tetrachloroethylene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Spain

After four years of decline, shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 53% to X tons in 2021. Over the period under review, exports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2016 when exports increased by 87%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X tons), Portugal (X tons) and Italy (X tons) were the main destinations of trichloroethylene and tetrachloroethylene exports from Spain, together comprising 73% of total exports. These countries were followed by Morocco, Tunisia and France, which together accounted for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Algeria ($X) and Italy ($X) appeared to be the largest markets for trichloroethylene and tetrachloroethylene exported from Spain worldwide, with a combined 65% share of total exports. These countries were followed by Morocco, France and Tunisia, which together accounted for a further 21%.

Tunisia, with a CAGR of +8.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period under review, the export price, however, showed a mild decrease. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy ($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 France (-1.0%), while the prices for the other major destinations experienced a decline.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Spain

For the third year in a row, Spain recorded decline in purchases abroad of trichloroethylene and tetrachloroethylene (perchloroethylene), which decreased by -19.8% to X tons in 2021. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 13% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports expanded remarkably to $X in 2021. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest trichloroethylene and tetrachloroethylene supplier to Spain, accounting for a 55% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.7% per year) and the Czech Republic (-8.1% per year).

In value terms, the largest trichloroethylene and tetrachloroethylene suppliers to Spain were Germany ($X), France ($X) and Italy ($X), together accounting for 89% of total imports.

Italy, with a CAGR of +20.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene import price amounted to $X per ton, jumping by 41% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($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 (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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