Cyclanic, cyclenic or cycloterpenic mono- or polyamines, their derivatives and salts market in Spain

Earlier Report Observations

From 2018 to 2023, the Spanish market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, their derivatives and salts underwent a significant transformation. In physical terms, the market volume contracted sharply from 16 057 metric tons to 6 008 metric tons, a decrease of over 60%. Conversely, the market's value grew from 41.4 million USD to 58.4 million USD, indicating a substantial rise in average unit prices or a shift toward higher-value product segments.

The decline in market volume was primarily driven by a steep reduction in imports, which fell from 13 499 metric tons in 2018 to 4 016 metric tons in 2023. Domestic production also decreased after a temporary peak in 2019, while export volumes remained relatively modest and stable throughout the period.

For 2024, import and export volumes are recorded at 4 213 metric tons and 339 metric tons respectively, though full-year production and total market size are not yet available. Factors such as strict environmental regulations boosting demand for amines in water treatment and evolving pharmaceutical quality standards continue to influence the market landscape.

Production cyclanic, cyclenic or cycloterpenic mono- or polyamines, their derivatives and salts in Spain

In value, 2017-2020, K $ US

After two consecutive years of growth, Spain's production of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts experienced a decline. In 2020, output was valued at 38 309 thousand US dollars, marking a 12.8% decrease from the previous year. Over the period from 2017 to 2020, production increased by 52.4%, with a compound annual growth rate of 15.1%. The highest value was recorded in 2019 at 43 957 thousand US dollars, while the largest annual increase occurred in 2018 at 36.3%.

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

In kind, 2017-2020, t

Following two years of expansion, Spain's production volume of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts decreased. In 2020, 3 380 tonnes were produced, representing a 15.0% drop compared to the prior year. From 2017 to 2020, production rose by 32.2%, with a compound annual growth rate of 9.7%. The peak volume was achieved in 2019 at 3 978 tonnes, and the most significant annual increase also took place in 2019 at 31.9%.

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

Exports cyclanic, cyclenic or cycloterpenic mono- or polyamines, their derivatives and salts from Spain

Exports in kind, t

After a two-year upward trend, Spain's exports of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts declined. In 2020, exports totaled 475 tonnes, a 25.2% reduction from the previous year. Between 2017 and 2020, exports grew by 15.3%, equivalent to an annualized rate of 4.9%. The highest export volume was recorded in 2019 at 636 tonnes, with the largest annual increase also occurring in 2019 at 38.9%.

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

From 2017 to 2020, Algeria, Portugal, and Germany were the primary destinations for Spain's exports in kind of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts. Algeria accounted for 25.1% of exports, Portugal for 18.6%, and Germany for 12.6%, collectively representing 56.2% 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

Following two years of gains, Spain's export value of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts fell. In 2020, exports amounted to 16 333 thousand US dollars, down 5.6% from the year before. Over the 2017-2020 period, exports increased by 35.4%, with a compound annual growth rate of 10.6%. The peak value was reached in 2019 at 17 297 thousand US dollars, while the largest annual increase was in 2018 at 25.1%.

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

During 2017-2020, Norway, Germany, and the United States led Spain's export structure in value terms for cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts. Norway contributed 25.0% of export value, Germany 24.9%, and the United States 9.2%, together making up 59.2% of total export flows.

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

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

Imports cyclanic, cyclenic or cycloterpenic mono- or polyamines, their derivatives and salts to Spain

Imports in kind, t

Spain's import volumes of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts showed notable fluctuations from 2017 to 2020. The lowest point was in 2020 at 6 125 tonnes, a sharp 26.9% decrease from the previous year, while the highest was in 2018 at 13 499 tonnes, resulting in a 2.2-fold difference between these years. The largest annual decline occurred in 2019 at 38.0%, and the largest increase was in 2018 at 93.9%.

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

From 2017 to 2020, Czechia, Germany, and the Netherlands were the main sources for Spain's imports in kind of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts. Czechia supplied 54.7% of imports, Germany 20.4%, and the Netherlands 15.3%, collectively accounting for 90.4% 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

After two years of growth, Spain's import value of cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts declined. In 2020, imports stood at 16 516 thousand US dollars, a steep 26.7% drop compared to the prior year. The highest value was recorded in 2019 at 22 539 thousand US dollars, and the largest annual increase took place in 2018 at 32.4%.

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

Over the 2017-2020 period, Czechia, Germany, and India consistently held leading positions in Spain's import structure in value terms for cyclanic, cyclenic, or cycloterpenic mono- or polyamines, their derivatives, and salts. Czechia accounted for 41.8% of import value, Germany for 33.8%, and India for 6.4%, together representing 82.0% 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