Aniline derivatives and their salts market in Spain

Earlier Report Observations

The market volume for aniline derivatives and their salts in Spain, measured in physical terms, peaked at 3 611 t in 2022 before declining to 3 077 t in 2023 and further to 2 867 t in 2024. In contrast, the market value displayed a strong upward trend from 2021 to 2024, rising from 22.8 million $ to 31.9 million $, indicating a significant increase in unit prices or a shift toward higher-value products.

Domestic production fluctuated during the period, falling from 2 331 t in 2021 to 1 932 t in 2023, then recovering to 2 100 t in 2024. Imports, which supplement local supply, varied considerably: after a sharp drop to 1 015 t in 2021, they jumped to 1 819 t in 2022 but then fell back to 775 t by 2024, suggesting changing reliance on foreign sources.

The trade balance shifted over the years, with exports remaining minimal except for a spike in 2022. Overall, the Spanish market experienced a contraction in physical consumption but a substantial expansion in monetary terms between 2021 and 2024.

Production aniline derivatives and their salts in Spain

In value, 2017-2020, K $ US

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, t

Annual dynamics of production in Spain in kind, 2017-2020, t

Exports aniline derivatives and their salts from Spain

Exports in kind, t

Spain's exports of aniline derivatives and their salts have grown for the third year in a row. In 2020, exports reached 49 tonnes, marking a significant increase of 116.5% compared to the previous year. From 2017 to 2020, exports surged by 723.8%, with an average annual growth rate of 102.0%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

Between 2017 and 2020, Belgium, Italy, and Peru were the top destinations for Spain's aniline derivatives and their salts exports in volume terms. Belgium accounted for 34.7% of exports, Italy for 19.8%, and Peru for 17.6%, together making up 72.1% of total exports.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, K $ US

Spain's export value of aniline derivatives and their salts has risen for the third consecutive year. In 2020, exports amounted to 3 607 thousand US dollars, showing a sharp increase of 1 077.8% from the year before. From 2017 to 2020, exports grew by 8 104.9%, with an annualized rate of 334.5%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

From 2017 to 2020, Belgium and China were the dominant markets for Spain's aniline derivatives and their salts exports in value terms, together representing 86.2% of total flows, while other destinations contributed smaller shares individually.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports aniline derivatives and their salts to Spain

Imports in kind, t

Spain's imports of aniline derivatives and their salts have fallen for the second year in a row. In 2020, imports totalled 1 259 tonnes, reflecting a sharp decline of 31.8% year-on-year. Between 2017 and 2020, imports decreased by 4.5%, with an annualized rate of 1.5%. The highest import volume was recorded in 2018 at 2 005 tonnes, which also saw the largest increase of 52.0%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

During 2017–2020, China and India were the primary sources for Spain's imports of aniline derivatives and their salts in volume terms, together accounting for 80.3% of total flows, with other markets forming a long tail.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, K $ US

Spain's import value of aniline derivatives and their salts has declined for the second consecutive year. In 2020, imports reached 2 821 thousand US dollars, indicating a sharp decrease of 41.4% year-on-year. Over the period 2017–2020, imports fell by 25.3%, with a compound annual growth rate of -9.3%. The peak value was in 2018 at 6 358 thousand US dollars, which also experienced the largest increase of 68.5%.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

From 2017 to 2020, India, China, and Portugal led as the main suppliers of aniline derivatives and their salts to Spain in value terms. India accounted for 47.8% of imports, China for 30.3%, and Portugal for 9.1%, with their combined share reaching 87.2% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020