Plastic bottles and similar articles market in Spain

Earlier Report Observations

The Spanish market for plastic bottles and similar articles fluctuated between 2018 and 2021. After starting at $1 356 million in 2018, market size contracted to $1 307 million in 2019. It then recovered slightly to $1 358 million in 2020 before experiencing significant growth to $1 621 million in 2021.

By 2024, the market reached $1 734 million. This expansion was supported by a global shift towards sustainability and circular economy principles, which influenced product innovation and consumer preferences in Spain. For example, Repsol introduced containers made with 60% post-consumer recycled plastic, reducing carbon footprint. The ongoing preference for PET bottles due to their lightweight and recyclable properties also contributed to market demand.

Production plastic bottles and similar articles in Spain

In value, 2017-2020, M $ US

In 2020, Spain's production of plastic bottles and similar articles reached a value of 1 286 million US dollars, marking a modest increase of 2.9% compared to 2019. Over the period from 2017 to 2020, production grew by 4.3%, with an average annual growth rate of 1.4%. The highest production value was recorded in 2018 at 1 306 million US dollars, which saw the largest increase of 6.0% that year. In contrast, 2019 experienced the most significant decline, with a drop of 4.4%.

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

Exports plastic bottles and similar articles from Spain

Exports in kind, K t

The market showed an unstable trend throughout the period. Exports peaked in 2018 and fell to their lowest point in 2020, with a 2.3-fold difference between these years. In 2020, Spain's cross-border shipments of plastic bottles and similar articles amounted to 63.9 thousand tonnes, representing a slight decrease of 2.8% from the previous year. The maximum export volume was recorded in 2018 at 144.0 thousand tonnes, which saw the largest increase of 117.7%. The largest decline occurred in 2019, with a drop of 54.4%.

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

From 2017 to 2020, France, Portugal, and Lithuania were the core markets for Spain's exports of plastic bottles and similar articles in volume terms. France accounted for 36.6% of exports, Portugal for 18.9%, and Lithuania for 11.6%. Together, these three countries represented 67.1% 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 plastic bottles and similar articles declined for the second consecutive year. In 2020, exports amounted to 157.5 million US dollars, down by 2.4% compared to the previous year. Over the 2017-2020 period, exports increased by 4.8%, with an average annual growth rate of 1.6%. The highest export value was recorded in 2018 at 176.7 million US dollars, which saw the largest increase of 17.6%. The largest decline occurred in 2019, with a drop of 8.7%.

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

From 2017 to 2020, France, Portugal, and Morocco were the main buyers of plastic bottles and similar articles from Spain in value terms. France accounted for 35.2% of exports, Portugal for 17.7%, and Morocco for 6.3%. Together, these three countries comprised 59.3% of total export value.

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

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

Imports plastic bottles and similar articles to Spain

Imports in kind, K t

Market performance exhibited noticeable fluctuations during the period. Import volumes varied 2.1 times, from a low in 2017 to a high in 2020. In 2020, Spain's imports of plastic bottles and similar articles stood at 106.6 thousand tonnes, equivalent to a sharp increase of 73.8% compared to the previous year. The largest decline was recorded in 2019, with a drop of 14.5%.

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

Over the 2017-2020 period, Italy, Portugal, and Germany were the primary suppliers of plastic bottles and similar articles to Spain in volume terms. Italy accounted for 31.9% of imports, Portugal for 19.3%, and Germany for 11.9%. Together, these three countries jointly accounted for 63.0% of total import volumes.

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

In 2020, Spain's import value for plastic bottles and similar articles was recorded at 230.2 million US dollars, which is 4.9% higher than the previous year. Over the 2017-2020 period, imports increased by 14.6%, with an average annual growth rate of 4.7%. The largest decline occurred in 2019, with a drop of 3.2%, while the largest increase was recorded in 2018 at 12.9%.

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

The country composition of imports in value terms from 2017 to 2020 was dispersed. France accounted for 18.9% of imports, Portugal for 14.8%, and Italy for 14.1%. Together, these three countries formed just 47.7% of total import flows, with the remaining 52.3% split among a wide range of other destinations.

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

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