Not reinforced or laminated non-cellular PE sheets market in Spain

Earlier Report Observations

The market volume for non-cellular PE sheets in Spain began the period at 667.6 thousand tons in 2018, supported by investments in production capacity. INPLACSA expanded its machinery and output in Catalonia, specializing in lamination and flexographic printing for films and bags, while GENERAL DE MANIPULADOS PLÁSTICOS launched a five-year investment plan for PE film production, indicating sector modernization. However, market volume declined to 577.7 thousand tons in 2019, even as GENERAL DE MANIPULADOS PLÁSTICOS projected a 50% growth by 2022, reflecting optimism about future demand. The downward trend continued in 2020, with volume reaching 559.9 thousand tons, amid a growing industry focus on sustainability; BENZAPLASTIC promoted PET sheet manufacturing from post-industrial waste, and NUDEC developed plates with recycled material, pointing to a shift towards greener products.

After a slight stabilization to 561.0 thousand tons in 2021, the market contracted further to 553.7 thousand tons in 2023. By 2024, however, a significant recovery occurred, with volume rising to 624.3 thousand tons, nearing the 2018 level. This fluctuation occurred without major reported regulatory changes or new large-scale facility entries in the later years.

Production not reinforced or laminated non-cellular PE sheets in Spain

In value, 2017-2020, M $ US

Spain's production of non-reinforced or laminated non-cellular PE sheets declined for the second year in a row. In 2020, output was valued at 1 321 million US dollars, marking a gradual decrease of 3.5% compared to 2019. Over the period from 2017 to 2020, production fell by 9.5%, with an average annual decline of 3.3%. The highest production value was recorded in 2018 at 1 562 million US dollars, which saw a 7.0% increase. The largest decline occurred in 2019, with a drop of 12.3%.

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

In kind, 2017-2020, K t

Spain's production volume of non-reinforced or laminated non-cellular PE sheets decreased for the second consecutive year. In 2020, 628.8 thousand tonnes were produced, showing little change from 2019. Between 2017 and 2020, production declined by 3.2%, equivalent to an annualized rate of 1.1%. The peak volume was in 2018 at 709.2 thousand tonnes, which experienced a 9.1% increase. The most significant drop was in 2019, with an 11.0% decrease.

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

Exports not reinforced or laminated non-cellular PE sheets from Spain

Exports in kind, K t

After two years of growth, Spain's exports of non-reinforced or laminated non-cellular PE sheets declined. In 2020, exports amounted to 251.0 thousand tonnes, remaining nearly unchanged from 2019. From 2017 to 2020, exports rose by 7.2%, averaging an annual growth of 2.3%. The highest export volume was in 2019 at 251.9 thousand tonnes, which saw a 6.9% increase.

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

From 2017 to 2020, Spain's exports of non-reinforced or laminated non-cellular PE sheets were distributed across various countries. France accounted for 23.3% of exports in volume, Portugal for 10.1%, and Germany for 9.1%. Together, these three partners represented just 42.5% of total exports, indicating a lack of a single dominant market.

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 non-reinforced or laminated non-cellular PE sheets fell for the second consecutive year. In 2020, export value reached 555.2 million US dollars, reflecting a slight decrease of 0.9% year-on-year. The peak value was in 2018 at 590.0 million US dollars, which saw a 7.7% increase. The largest decline occurred in 2019, with a drop of 5.1%.

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

Between 2017 and 2020, France was the largest buyer of Spain's non-reinforced or laminated non-cellular PE sheets in value terms, accounting for 23.9% of exports, followed by Portugal at 9.6% and Germany at 8.8%. However, even combined, these three countries made up only 42.3% of total export value, highlighting a broadly diversified partner base.

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

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

Imports not reinforced or laminated non-cellular PE sheets to Spain

Imports in kind, K t

Following two years of growth, Spain's imports of non-reinforced or laminated non-cellular PE sheets declined. In 2020, imports totaled 182.1 thousand tonnes, showing a modest decline of 8.4% from the previous year. From 2017 to 2020, imports increased by 10.9%, with an average annual growth rate of 3.5%. The highest import volume was in 2019 at 198.7 thousand tonnes. The largest increase was recorded in 2018, with an 18.2% rise.

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

During 2017–2020, Spain's imports of non-reinforced or laminated non-cellular PE sheets were not heavily concentrated. Saudi Arabia accounted for 22.8% of imports in volume, Italy for 12.1%, and France for 11.2%. Together, these three sources represented only 46.1% of total imports, indicating a diverse supply base.

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 non-reinforced or laminated non-cellular PE sheets declined for the second year in a row. In 2020, import value was 382.9 million US dollars, indicating a modest fall of 8.5% compared to 2019. Between 2017 and 2020, imports decreased by 2.5%, with an average annual decline of 0.8%. The peak value was in 2018 at 432.4 million US dollars, which saw a 10.1% increase.

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

From 2017 to 2020, Spain's imports of non-reinforced or laminated non-cellular PE sheets in value terms came from a wide range of partners. France accounted for 14.2% of imports, Germany for 14.0%, and Saudi Arabia for 12.5%. Combined, these three countries represented only 40.7% of total import value, reflecting a broad and diversified partner portfolio.

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

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