Binder or baler twine of PE or PP market in Spain

Earlier Report Observations

The Spanish market for binder or baler twine of polyethylene or polypropylene was valued at 9.3 million USD in 2018 but contracted to 7.5 million USD the following year. A sharp reversal occurred in 2020, with the market growing to 11.8 million USD. This surge was driven by the COVID‑19 pandemic, which disrupted global supply chains and boosted demand for durable twine needed for long‑term forage storage as agricultural producers secured supplies.

Market growth accelerated further in 2021, reaching 15.7 million USD, supported by a rising focus on sustainability and recycling initiatives that promoted the use of recycled polypropylene twine. From 2022, the market entered a downward trend, falling to 11.8 million USD by 2024. This decline coincided with global factors including increased raw material prices and ongoing logistical disruptions, which raised costs and dampened market activity despite persistent demand for UV‑protected products.

Production binder or baler twine of PE or PP in Spain

In value, 2017-2020, K $ US

After two consecutive years of decline, Spain's production of binder or baler twine made from polyethylene or polypropylene has rebounded. In 2020, output reached 7 867 thousand US dollars, marking a significant increase of 61.6% compared to the previous year. Over the period from 2017 to 2020, production grew by 25.3%, which translates to an average annual growth rate of 7.8%. The lowest production value was recorded in 2019 at 4 868 thousand US dollars, with the largest decline occurring that same year at 13.9%.

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

In kind, 2017-2020, t

Following a two-year decrease, Spain's production of binder or baler twine made from polyethylene or polypropylene has shown growth. In 2020, the country produced 4 305 tonnes, reflecting a sharp increase of 59.1% from the year before. Between 2017 and 2020, production rose by 29.1%, equating to an average annual growth rate of 8.9%. The minimum production volume was recorded in 2019 at 2 705 tonnes, while the largest decline occurred in 2018 at 12.2%.

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

Exports binder or baler twine of PE or PP from Spain

Exports in kind, t

The market displayed an unstable trend throughout the period. Export volumes fluctuated significantly, with a 5.2-fold difference between the low in 2018 and the high in 2020. In 2020, Spain's exports of binder or baler twine made from polyethylene or polypropylene reached 4 737 tonnes, representing a substantial gain of 309.1% compared to the previous year. The minimum export volume was recorded in 2018 at 918 tonnes, with the largest decline also occurring that year at 32.2%.

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

From 2017 to 2020, the main destinations for Spain's exports of binder or baler twine in volume terms were France, accounting for 38.8% of exports, the United States with 13.2%, and Chile at 8.0%. Together, these three markets represented 59.9% of total export flows.

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 exports of binder or baler twine made from polyethylene or polypropylene have increased for the second year in a row. In 2020, export value stood at 3 223 thousand US dollars, corresponding to a 16.2% improvement compared to 2019. Over the period from 2017 to 2020, exports grew by 14.6%, equating to an average annual growth rate of 4.7%. The minimum export value was recorded in 2018 at 2 210 thousand US dollars, with the largest decline occurring that year at 21.4%. The largest increase was observed in 2019 at 25.6%.

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

From 2017 to 2020, the partner structure for Spain's exports in value terms was balanced rather than concentrated. The United States accounted for 21.5% of export value, Chile for 12.7%, and France for 12.3%, jointly representing 46.4% of total flows. Many other countries made up the remaining 53.6%.

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

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

Imports binder or baler twine of PE or PP to Spain

Imports in kind, t

In 2020, Spain imported 1 000 tonnes of binder or baler twine made from polyethylene or polypropylene, showing a rise of 35.9% year-over-year. Between 2017 and 2020, imports increased by 64.8%, equating to an average annual growth rate of 18.1%. The largest decline was recorded in 2019 at 7.5%.

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

From 2017 to 2020, the geographical pattern of Spain's imports in volume terms reflected a strong dependence on Portugal, which absorbed 94.5% of total import flows.

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

In 2020, Spain's imports of binder or baler twine made from polyethylene or polypropylene totalled 7 186 thousand US dollars, corresponding to a rise of 33.7% year-over-year. Over the period from 2017 to 2020, imports increased by 57%, with a compound annual growth rate of 16.2%. The largest decline was recorded in 2019 at 8.2%.

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

Throughout 2017 to 2020, the partner structure of Spain's imports in value terms was dominated by Portugal, which consistently accounted for 93.3% of total import flows.

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

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