EVA copolymers in primary forms market in Spain

Earlier Report Observations

Between 2018 and 2020, domestic consumption of EVA copolymers in Spain contracted from 57.3 thousand tons to 46.8 thousand tons. This period was marked by significant industrial activity, with Repsol boosting its production portfolio to over 45 copolymer grades and later licensing advanced manufacturing technology, which strengthened the country's export position. The subsequent years saw a strong recovery, with market volume reaching 60.7 thousand tons in 2022. This growth was driven by the industry's focus on innovation and the diversification of applications in sectors like adhesives and construction, alongside the emerging shift towards bio-based EVA derived from sugarcane to meet sustainability demands.

By 2024, the market size had moderated to 55.6 thousand tons. The industry was then navigating a new regulatory landscape, preparing for the implementation of EU Regulation 2025/40 on packaging waste and adapting to national labeling decrees that mandated more detailed information on domestic packaging. These regulatory changes required operational adjustments across the supply chain.

Production EVA copolymers in primary forms in Spain

In value, 2017-2020, M $ US

Spain's production of EVA copolymers in primary forms declined for the second consecutive year. In 2020, output was valued at 150.1 million US dollars, marking a gradual drop of 4.6% compared to 2019. Over the period from 2017 to 2020, production decreased by 3.5%, with a compound annual growth rate of 1.2%. The highest value was recorded in 2018 at 172.9 million US dollars, which saw an 11.1% increase. The largest decline occurred in 2019, with an 8.9% drop.

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

In kind, 2017-2020, K t

After a two-year increase, Spain's production volume of EVA copolymers in primary forms declined. In 2020, 100.2 thousand tonnes were produced, representing a 1.3% reduction year-over-year. Between 2017 and 2020, production increased by 9.3%, equating to an annualized growth rate of 3.0%. The peak was reached in 2019 at 101.4 thousand tonnes. The largest increase was recorded in 2018, with a 5.6% rise.

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

Exports EVA copolymers in primary forms from Spain

Exports in kind, t

Following a two-year increase, exports of EVA copolymers in primary forms from Spain declined. In 2020, exports reached 90 292 tonnes, which is 3.3% less compared to 2019. Between 2017 and 2020, exports increased by 14.9%, equating to an annualized growth rate of 4.7%. The highest value was recorded in 2019 at 93 414 tonnes. The largest increase occurred in 2018, with a 12.6% rise.

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

From 2017 to 2020, the principal destinations for Spain's exports in kind were Germany, accounting for 19.2% of exports, Italy with 19.1%, and Turkey with 11.8%. Together, these three countries represented 50.2% 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, M $ US

Spain's exports of EVA copolymers in primary forms declined for the second consecutive year. In 2020, exports were valued at 139.3 million US dollars, which is 6.3% smaller compared to 2019. The peak value was recorded in 2018 at 163.6 million US dollars, showing a 16.8% increase. The largest decline occurred in 2019, with a 9.2% drop.

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

From 2017 to 2020, the main destinations for Spain's exports in value terms were Germany, representing 19.9% of exports, Italy with 19.6%, and France with 10.9%. Collectively, these three countries accounted for 50.4% 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 EVA copolymers in primary forms to Spain

Imports in kind, t

Spain's imports of EVA copolymers in primary forms declined for the second consecutive year. In 2020, imports totaled 36 917 tonnes, down by 10.9% from the previous year. Over the period from 2017 to 2020, imports decreased by 15.8%, with a compound annual growth rate of 5.6%. The highest value was recorded in 2018 at 49 142 tonnes, which saw a 12.1% increase. The largest decline occurred in 2019, with a 15.7% drop.

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

From 2017 to 2020, the leading sources for Spain's imports in kind were Belgium, accounting for 28.6% of imports, South Korea with 24.9%, and France with 9.5%. Together, these three countries represented 62.9% 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, M $ US

Spain's imports of EVA copolymers in primary forms declined for the second consecutive year. In 2020, imports were recorded at 64.3 million US dollars, representing a strong decline of 17.2% year-over-year. Over the period from 2017 to 2020, imports decreased by 16.4%, with a compound annual growth rate of 5.8%. The peak value was recorded in 2018 at 94.5 million US dollars, which saw a 22.7% increase. The largest decline occurred in 2019, with a 17.7% drop.

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

From 2017 to 2020, the largest suppliers of EVA copolymers in primary forms to Spain in value terms were Belgium, accounting for 25.7% of imports, South Korea with 22.4%, and France with 11.4%. Together, these three countries formed 59.4% of total imports in value terms.

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

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