Silicon dioxide market in Spain

Earlier Report Observations

After starting at around 79 million US dollars in 2018, when demand was supported by construction activity and growing use in pharmaceuticals and electronics, the Spanish silicon dioxide market contracted in 2019. The COVID-19 pandemic disrupted global supply chains in 2020, but increased demand for pharmaceutical and food products using silicon dioxide as an excipient or additive led to a slight market recovery to 63.7 million US dollars.

Post-pandemic reactivation of the construction industry in 2021 boosted demand, pushing the market to 71.4 million US dollars. A sharp surge followed in 2022, with the market reaching 112.6 million US dollars, driven by rising consumption in the electronics and cosmetics sectors, alongside global economic recovery and stable raw material prices.

The market then corrected over the next two years, declining to 95.7 million US dollars in 2023 and further to 87.4 million US dollars in 2024.

Production silicon dioxide in Spain

In value, 2017-2020, K $ US

Spain's silicon dioxide production declined for the second consecutive year. In 2020, output was valued at 48 416 K $ US, down 15.6% from the previous year. Production decreased by 8.2% between 2017 and 2020, averaging a 2.8% annual decline. The highest value was recorded in 2018 at 58 080 K $ US, which also saw the largest increase of 10.1%.

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

In kind, 2017-2020, t

After two years of growth, Spain's silicon dioxide production volume declined. In 2020, 72 742 t were produced, marking a significant 12.0% drop from the previous year. From 2017 to 2020, production fell by 7.5%, with an average annual decrease of 2.6%. The peak volume was reached in 2019 at 82 707 t, while the largest increase occurred in 2018 at 3.2%.

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

Exports silicon dioxide from Spain

Exports in kind, t

Spain exported 45 685 t of silicon dioxide in 2020, down 30.5% year-over-year. Between 2017 and 2020, exports decreased by 30.1%, averaging an 11.3% annual decline. The highest export volume was recorded in 2019 at 65 706 t, which also saw the largest increase of 6.7%.

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

From 2017 to 2020, Spain's silicon dioxide exports were distributed across a wide range of partner countries. Portugal accounted for 16.2% of exports, Saudi Arabia for 12.7%, and Germany for 11.9%, with these three countries together representing 40.9% 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

Spain exported silicon dioxide worth 34 251 K $ US in 2020, a sharp reduction of 28.9% compared to the previous year. Over the 2017-2020 period, exports decreased by 14.9%, with a compound annual growth rate of -5.2%. The highest value was recorded in 2019 at 48 184 K $ US, which also saw the largest increase of 29.7%.

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

The market base for Spain's silicon dioxide exports in value terms was broad from 2017 to 2020. Portugal accounted for 21.0% of exports, Germany for 16.6%, and France for 11.9%, with these three countries together representing 49.6% of total flows, while the remaining 50.4% was shared among numerous other countries.

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

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

Imports silicon dioxide to Spain

Imports in kind, t

Spain's silicon dioxide import volumes declined for the second consecutive year. In 2020, imports totaled 26 468 t, a significant 14.1% drop from the previous year. The highest import volume was recorded in 2018 at 34 093 t, which also saw the largest increase of 26.2%.

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

From 2017 to 2020, Italy accounted for 23.1% of Spain's silicon dioxide imports in kind, China for 20.4%, and France for 18.5%. Together, these three countries represented 62.0% of total imports, remaining the main sources for silicon dioxide to Spain.

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 silicon dioxide import volumes declined for the second consecutive year. In 2020, imports were valued at 34 251 K $ US, down 6.0% from the previous year. Between 2017 and 2020, imports decreased by 11.3%, averaging a 3.9% annual decline. The highest value was recorded in 2018 at 58 057 K $ US, which saw the largest increase of 3.9%, while the largest decline occurred in 2019 at 9.2%.

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

From 2017 to 2020, three principal markets—Germany, Italy, and France—together accounted for 64.8% of Spain's total silicon dioxide 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