Spain: Worked Slate Market 2024

Worked Slate Market Size in Spain

The Spanish worked slate market skyrocketed to $X in 2022, growing by 71% against the previous year. In general, consumption, however, showed a perceptible shrinkage. Worked slate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Worked Slate Production in Spain

In value terms, worked slate production reached $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 14%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Worked Slate Exports

Exports from Spain

In 2022, the amount of worked slate exported from Spain shrank to X tons, with a decrease of -6.3% on the year before. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, worked slate exports reached $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of worked slate exports from Spain, together comprising 84% of total exports. Belgium, Ireland and the United States lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +6.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for worked slate exported from Spain worldwide, together accounting for 82% of total exports. Belgium, Ireland and the United States lagged somewhat behind, together accounting for a further 12%.

The United States, with a CAGR of +7.9%, recorded the highest growth rate of the value of exports, in terms of 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

In 2022, the average worked slate export price amounted to $X per ton, picking up by 7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Ireland ($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 the UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Slate Imports

Imports into Spain

In 2022, imports of worked slate into Spain dropped markedly to X tons, declining by -27.3% against the previous year's figure. Overall, imports showed a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, worked slate imports dropped to $X in 2022. In general, imports recorded a slight contraction. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

China (X tons), Portugal (X tons) and Brazil (X tons) were the main suppliers of worked slate imports to Spain, with a combined 83% share of total imports. France, India, Indonesia, Belgium and the UK lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +60.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of worked slate to Spain, comprising 53% of total imports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total imports. It was followed by Portugal, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-2.8% per year) and Portugal (+21.4% per year).

Import Prices by Country

In 2022, the average worked slate import price amounted to $X per ton, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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