Cerium Compounds Price in Spain - 2023
Contents:
- Cerium Compounds Price in Spain (CIF) - 2022
- Cerium Compounds Price in Spain (FOB) - 2022
- Cerium Compounds Imports in Spain
- Cerium Compounds Exports in Spain
Cerium Compounds Price in Spain (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $4,045 per ton, dropping by -25.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 91%. Over the period under review, average import prices attained the maximum at $8,239 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($92,250 per ton), while the price for China ($2,037 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Price in Spain (FOB) - 2022
The average cerium compounds export price stood at $4,176 per ton in 2022, shrinking by -34.6% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 83% against the previous year. The export price peaked at $19,183 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,055 per ton), while the average price for exports to Italy ($2,323 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-3.0%), while the prices for the other major destinations experienced a decline.
Cerium Compounds Imports in Spain
For the fourth consecutive year, Spain recorded growth in purchases abroad of cerium compoundses, which increased by 36% to 272 tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cerium compounds imports stood at $1.1M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease.
| Import of Cerium Compounds in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 559 | 433 | 621 | 576 | 1.0% |
| China | 255 | 205 | 318 | 422 | 18.3% |
| France | 29.3 | 45.8 | 86.2 | 61.0 | 27.7% |
| South Korea | N/A | 35.0 | N/A | N/A | 0% |
| Others | 517 | 521 | 57.3 | 39.2 | -57.7% |
| Total | 1,361 | 1,240 | 1,082 | 1,098 | -6.9% |
Top Suppliers of Cerium Compounds to Spain in 2022:
- China (207.1 tons)
- Austria (57.8 tons)
- France (4.1 tons)
Cerium Compounds Exports in Spain
In 2022, approx. 22 tons of cerium compoundses were exported from Spain; declining by -62.3% against the previous year's figure. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 242% against the previous year. As a result, the exports reached the peak of 57 tons, and then contracted sharply in the following year.
In value terms, cerium compounds exports declined significantly to $90K in 2022. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 177% against the previous year. As a result, the exports attained the peak of $365K, and then reduced remarkably in the following year.
| Export of Cerium Compounds in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.2 | N/A | 103 | 44.5 | 30.1% |
| Germany | 2.3 | 0.6 | 106 | 8.4 | 54.0% |
| Netherlands | N/A | N/A | N/A | 3.6 | 0% |
| Poland | 9.0 | 5.2 | 5.4 | 0.7 | -57.3% |
| Italy | 108 | 29.0 | 45.4 | 0.1 | -90.3% |
| Mexico | 39.0 | 38.6 | 18.2 | N/A | -31.7% |
| Others | 51.1 | 58.2 | 86.6 | 32.7 | -13.8% |
| Total | 230 | 132 | 365 | 90.0 | -26.9% |
Top Export Markets for Cerium Compounds from Spain in 2022:
- Italy (undefined tons)
- France (19.0 tons)
- Netherlands (1.0 tons)
- Germany (0.5 tons)
- Poland (0.2 tons)
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