Spain - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in Spain - 2023
Contents:
- Propene Price in Spain (FOB) - 2023
- Propene Price in Spain (CIF) - 2022
- Propene Exports in Spain
- Propene Imports in Spain
Propene Price in Spain (FOB) - 2023
In August 2023, the average propene export price amounted to $1,014 per ton, falling by -7.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,094 per ton in July 2023, and then reduced in the following month.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Germany ($1,195 per ton), while the average price for exports to Belgium amounted to $849 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Propene Price in Spain (CIF) - 2022
In 2022, the average propene import price amounted to $1,356 per ton, growing by 9.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the peak figure at $1,539 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($1,561 per ton) and France ($1,530 per ton), while the price for Portugal ($1,226 per ton) and South Korea ($1,416 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Propene Exports in Spain
In 2022, exports of propene (propylene) from Spain rose notably to 305K tons, picking up by 5.7% compared with the previous year. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, propene exports rose rapidly to $359M in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 94%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Propene in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 58.1 | 76.0 | 140 | 137 | 33.1% |
| Germany | 58.1 | 52.9 | 105 | 83.7 | 12.9% |
| Italy | 15.1 | 11.6 | 0.1 | 31.5 | 27.8% |
| Belgium | 16.5 | 10.1 | 19.2 | 28.5 | 20.0% |
| France | 8.0 | 1.1 | 3.8 | 25.4 | 47.0% |
| United Kingdom | 16.1 | N/A | 12.3 | 21.3 | 9.8% |
| Mexico | N/A | 3.9 | N/A | 7.5 | 38.7% |
| Colombia | 6.1 | N/A | 32.1 | N/A | 129.4% |
| Others | 9.5 | 8.8 | 6.8 | 25.0 | 38.1% |
| Total | 187 | 164 | 319 | 359 | 24.3% |
Top Export Markets for Propene from Spain in 2022:
- Netherlands (128.4K tons)
- Germany (60.7K tons)
- Italy (30.1K tons)
- United Kingdom (17.5K tons)
- Belgium (17.5K tons)
- France (17.4K tons)
- Mexico (16.5K tons)
Propene Imports in Spain
In 2022, overseas purchases of propene (propylene) decreased by -52.1% to 49K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 70%. As a result, imports attained the peak of 101K tons, and then declined markedly in the following year.
In value terms, propene imports reduced dramatically to $66M in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 175% against the previous year. As a result, imports reached the peak of $125M, and then fell rapidly in the following year.
| Import of Propene in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 15.8 | 27.7 | 46.3 | 35.0 | 30.4% |
| Italy | 5.0 | 6.4 | 32.8 | 13.4 | 38.9% |
| South Korea | N/A | N/A | N/A | 7.1 | 0% |
| France | 12.2 | 5.0 | 12.0 | 4.8 | -26.7% |
| Saudi Arabia | N/A | N/A | 30.6 | 4.7 | -84.6% |
| Turkey | N/A | 2.6 | N/A | N/A | 0% |
| Others | 21.2 | 3.8 | 3.4 | 0.9 | -65.1% |
| Total | 54.2 | 45.6 | 125 | 65.8 | 6.7% |
Top Suppliers of Propene to Spain in 2022:
- Portugal (28.5K tons)
- Italy (8.6K tons)
- South Korea (5.0K tons)
- Saudi Arabia (3.1K tons)
- France (3.1K tons)
This report provides an in-depth analysis of the propene market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141140 - Propene (propylene)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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