Market research

Synthetic latex rubber market in Spain

$Synthetic latex rubber market in Spain$

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Spanish synthetic latex rubber market contracted in physical volume from 39 391 t in 2019 to 26 610 t in 2024, after a temporary increase to 37 851 t in 2021. In value terms, the market peaked at $65.8 million USD in 2021 before declining to $38.4 million USD by 2024.

Domestic production rose from 3 956 t in 2019 to 4 781 t in 2021 but then fell to 2 771 t in 2024. Import volumes, a key supply source, decreased from 55 104 t in 2018 to 44 688 t in 2024, while exports grew from 16 292 t to 20 849 t over the same period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2019-2021, 2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2019-2021, 2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2019-2021, 2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2019-2021, 2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Spain
  1. 5.1.1. In kind, 2019-2021, 2024, t
  2. 5.1.2. In value, 2019-2021, 2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production synthetic latex rubber in Spain

In value, 2017-2020, K $ US

In 2020, Spain's synthetic latex rubber output was valued at 22 679 thousand US dollars, marking a 7.9% increase compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	7.9%	-

Source: SHEV.io

In kind, 2017-2020, t

In 2020, Spain produced 4 026 tonnes of synthetic latex rubber, which represents a 1.8% rise from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	1.8%	-

Source: SHEV.io

Exports synthetic latex rubber from Spain

Exports in kind, t

After two years of growth, Spain's synthetic latex rubber exports declined in volume. In 2020, the country exported 15 376 tonnes, down 17.2% year-over-year. Over the 2017-2020 period, exports increased by 10.5%, with a compound annual growth rate of 3.4%. The highest volume was recorded in 2019 at 18 567 tonnes, while the largest annual increase occurred in 2018 at 17.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.1%	14.0%	(17.2%)	3.4%

Source: SHEV.io

From 2017 to 2020, Germany, Italy, and Morocco were the main destinations for Spain's synthetic latex rubber exports in volume terms. Germany accounted for 54.5% of exports, while Italy and Morocco each represented 6.3%. Together, these three markets made up 67.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Following two years of growth, Spain's synthetic latex rubber exports declined in value. In 2020, exports totaled 16 113 thousand US dollars, a sharp decrease of 23.6% compared to the previous year. Over the 2017-2020 period, exports fell by 3.5%, with a compound annual growth rate of -1.2%. The peak value was reached in 2019 at 21 089 thousand US dollars, while the largest annual increase was in 2018 at 12.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.4%	12.4%	(23.6%)	(1.2%)

Source: SHEV.io

Between 2017 and 2020, three key markets—Germany, Italy, and Morocco—collectively accounted for 65.4% of the total value of Spain's synthetic latex rubber exports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports synthetic latex rubber to Spain

Imports in kind, t

Spain's synthetic latex rubber imports declined for the third consecutive year. In 2020, imports amounted to 47 593 tonnes, a significant drop of 11.9% from 2019. Over the 2017-2020 period, imports decreased by 22.4%, with a compound annual growth rate of -8.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.1%)	(2.0%)	(11.9%)	(8.1%)

Source: SHEV.io

From 2017 to 2020, Germany and the Netherlands were the primary suppliers of synthetic latex rubber to Spain in volume terms, together holding an 86.5% share of total imports. The remaining imports were distributed among various other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Spain's synthetic latex rubber imports fell for the third year in a row. In 2020, imports were valued at 41 360 thousand US dollars, down 24.3% from the previous year. Over the 2017-2020 period, imports dropped by 38.4%, with a compound annual growth rate of -14.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.2%)	(12.3%)	(24.3%)	(14.9%)

Source: SHEV.io

During 2017-2020, Germany, the Netherlands, and Portugal were the main suppliers of synthetic latex rubber to Spain in value terms. Germany accounted for 56.2% of imports, the Netherlands for 22.8%, and Portugal for 5.5%. Combined, these three countries represented 84.5% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io