Price for Waste, Parings and Scrap, of Plastics in Spain - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Spain (CIF) - 2023
- Price for Waste, Parings and Scrap, of Plastics in Spain (FOB) - 2023
- Imports of Waste, Parings and Scrap, of Plastics in Spain
- Exports of Waste, Parings and Scrap, of Plastics in Spain
Price for Waste, Parings and Scrap, of Plastics in Spain (CIF) - 2023
In October 2023, the average import price for waste, parings and scrap, of plasticses amounted to $311 per ton, declining by -1.9% against the previous month. Over the period under review, the import price showed a abrupt setback. The growth pace was the most rapid in January 2023 an increase of 14% against the previous month. The import price peaked at $623 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,022 per ton), while the price for Germany ($141 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Portugal (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Waste, Parings and Scrap, of Plastics in Spain (FOB) - 2023
In October 2023, the average export price for waste, parings and scrap, of plasticses amounted to $316 per ton, shrinking by -6.3% against the previous month. In general, the export price recorded a perceptible decline. The pace of growth was the most pronounced in March 2023 when the average export price increased by 93% m-o-m. As a result, the export price reached the peak level of $674 per ton. From April 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($719 per ton), while the average price for exports to the UK ($155 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste, Parings and Scrap, of Plastics in Spain
Imports of waste, parings and scrap, of plasticses into Spain skyrocketed to 262K tons in 2022, picking up by 49% against 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $169M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.2 | 13.1 | 25.2 | 39.1 | 37.0% |
| Italy | 6.7 | 6.1 | 10.7 | 31.6 | 67.7% |
| United Kingdom | 8.3 | 8.4 | 13.3 | 18.7 | 31.1% |
| Portugal | 8.2 | 7.8 | 11.3 | 13.8 | 18.9% |
| Nigeria | 0.4 | 0.1 | 0.1 | 10.8 | 200.0% |
| United States | 9.8 | 3.1 | 8.7 | 10.7 | 3.0% |
| Germany | 1.7 | 2.0 | 4.4 | 7.5 | 64.0% |
| Others | 20.4 | 11.7 | 16.2 | 37.0 | 22.0% |
| Total | 70.7 | 52.4 | 89.9 | 169 | 33.7% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Spain in 2022:
- France (109.6K tons)
- Italy (34.4K tons)
- United Kingdom (26.8K tons)
- Portugal (19.1K tons)
- Nigeria (11.7K tons)
- United States (9.8K tons)
- Germany (9.0K tons)
Exports of Waste, Parings and Scrap, of Plastics in Spain
In 2022, exports of waste, parings and scrap, of plasticses from Spain soared to 145K tons, jumping by 39% against 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of waste, parings and scrap, of plasticses skyrocketed to $87M in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 59%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Waste, Parings and Scrap, of Plastics in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 5.5 | 6.0 | 10.3 | 18.6 | 50.1% |
| Turkey | 1.5 | 4.4 | 11.0 | 15.4 | 117.3% |
| Malaysia | 1.7 | 2.6 | 1.4 | 13.0 | 97.0% |
| France | 6.0 | 4.4 | 7.3 | 9.5 | 16.6% |
| Germany | 8.6 | 6.1 | 11.4 | 9.5 | 3.4% |
| Italy | 2.8 | 2.4 | 3.5 | 3.9 | 11.7% |
| Egypt | 0.1 | 0.3 | N/A | 2.5 | 192.4% |
| Saudi Arabia | 1.5 | 0.8 | 1.8 | 1.9 | 8.2% |
| Belgium | 0.3 | 0.2 | 1.0 | 1.7 | 78.3% |
| Vietnam | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
| Indonesia | 0.8 | 0.5 | 0.3 | 0.5 | -14.5% |
| Hong Kong SAR | 2.6 | 0.7 | 0.1 | 0.1 | -66.2% |
| Others | 9.2 | 7.9 | 9.6 | 9.4 | 0.7% |
| Total | 40.9 | 36.5 | 58.0 | 86.8 | 28.5% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Spain in 2022:
- Malaysia (44.1K tons)
- Turkey (37.2K tons)
- France (13.7K tons)
- Portugal (9.5K tons)
- Germany (7.5K tons)
- Italy (4.8K tons)
- Saudi Arabia (3.8K tons)
- Vietnam (3.6K tons)
- Belgium (2.7K tons)
- Egypt (2.6K tons)
- Indonesia (1.7K tons)
- Hong Kong SAR (0.3K tons)
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