Plastic spools and bobbins market in Spain

Earlier Report Observations

The market for plastic spools and bobbins in Spain expanded steadily from 2018 to 2022, with physical volume rising from 12,292 t to 22,498 t. In value terms, growth was even more pronounced, peaking at $64.6 million in 2022 after a sharp increase in 2021.

A correction followed in 2023, when market volume fell by about 10% to 20,261 t and value dropped to $57.8 million. The subsequent year brought a modest recovery to 20,978 t in volume and stabilization in value at $57.8 million.

This stabilization in 2024 coincided with a growing preference for sustainable packaging materials, as plastic spools are 100% recyclable and reusable, and the entry of specialized manufacturers focusing on textile machinery and other sectors, which supported demand and supply.

Production plastic spools and bobbins in Spain

In value, 2017-2020, K $ US

After two years of decline, Spain's production of plastic spools and bobbins rebounded. In 2020, output reached 37 537 thousand US dollars, marking a significant 34.9% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 20.2%, which translates to an average annual growth rate of 6.3%. The lowest production value was recorded in 2019 at 27 829 thousand US dollars, with the largest year-on-year decline of 6.7% also occurring that year.

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

In kind, 2017-2020, t

Spain's production volume of plastic spools and bobbins increased for the second consecutive year. In 2020, the country produced 16 417 tonnes, representing a substantial 49.0% rise over the previous year. From 2017 to 2020, production expanded by 31.4%, averaging 9.5% growth per year. The lowest volume was recorded in 2018 at 11 008 tonnes, which also saw the largest decline of 11.9%.

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

Exports plastic spools and bobbins from Spain

Exports in kind, t

Following a two-year downturn, Spain's exports of plastic spools and bobbins increased. In 2020, exports totaled 3 950 tonnes, up 3.3% from the previous year. However, over the 2017-2020 period, exports decreased by 22.1%, with an average annual decline of 8.0%. The lowest export volume was recorded in 2019 at 3 824 tonnes, which also experienced the largest drop of 20.7%.

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

From 2017 to 2020, Spain's plastic spools and bobbins exports were distributed across a wide range of buyers. The top three destinations—Morocco (27.7% of export volume), Germany (11.6%), and France (8.0%)—collectively accounted for 47.2% of total exports. Many other countries held smaller but notable shares, indicating a diversified export portfolio.

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 plastic spools and bobbins exports declined for the third year in a row. In 2020, export value stood at 20 693 thousand US dollars, down 3.2% from the previous year. Between 2017 and 2020, exports fell by 23%, averaging an 8.4% annual decrease.

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

The value structure of Spain's exports from 2017 to 2020 shows a diversified partner base. Morocco (19.3% of export value), France (13.2%), and Germany (12.0%) together made up 44.6% of total exports. The remaining 55.4% was spread across numerous smaller markets, highlighting the broad distribution of trade 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 plastic spools and bobbins to Spain

Imports in kind, t

In 2020, Spain's imports of plastic spools and bobbins amounted to 6 290 tonnes, reflecting a sharp 17.9% decrease compared to 2019. Over the 2017-2020 period, imports dropped by 23.6%, with an average annual decline of 8.6%. The lowest import volume was recorded in 2018 at 6 105 tonnes, which also saw the largest decline of 25.9%. In contrast, 2019 experienced the largest increase of 25.5%.

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

Between 2017 and 2020, France (25.7% of import volume), Italy (17.9%), and Germany (14.8%) were the primary sources for Spain's plastic spools and bobbins imports. Together, these three countries accounted for 58.4% of total import volume.

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

Spain's imports of plastic spools and bobbins declined for the second consecutive year. In 2020, import value reached 25 794 thousand US dollars, down 16.3% from the previous year. From 2017 to 2020, imports decreased by 7.9%, averaging a 2.7% annual decline. The highest import value was recorded in 2018 at 34 429 thousand US dollars, which also saw the largest increase of 22.9%.

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

From 2017 to 2020, France (25.1% of import value), Germany (20.1%), and Italy (17.6%) were the main sources for Spain's plastic spools and bobbins imports in value terms. Collectively, they represented 62.9% of total imports, underscoring their dominant role in Spain's import market.

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

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