The Expansible Polystyrene market in Spain has experienced significant fluctuations over the years. In 2012, the market volume stood at 34.397 million kilograms with subsequent years showing a fluctuating trend. From 2012 to 2022, the market saw both years of growth and decline. Notably, between 2015 and 2016, there was a decrease of 10.2% year-on-year, whereas the market rebounded with strong performances in later years, notably around 2019 and 2020 which saw a growth of over 10% year-on-year each.
During the last five years from 2018 to 2022, the market demonstrated an average annual growth (CAGR) of around 5.07%. Despite some minor drops like in 2021, the overall trend remained positive, leading to a market volume of 51.628 million kilograms in 2022. Currently, in 2023, the market is anticipated to maintain or slightly improve this volume, reflecting stability and consistent demand in the sector.
Looking forward, industry stakeholders should monitor several future trends. These include advancements in material sciences that could impact the demand for more sustainable alternatives, regulatory changes concerning environmental impacts, and global economic conditions affecting manufacturing and construction industries which are major consumers of expansible polystyrene.
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 153,130,000 | 2023 | +0.62% | +1.21% | View data |
| 2 | 2 Italy | 141,890,000 | 2023 | -4.85% | -1.11% | View data |
| 3 | 3 Romania | 82,883,000 | 2023 | +1.04% | +1.26% | View data |
| 4 | 4 United Kingdom | 81,895,000 | 2023 | +2.72% | +1.55% | View data |
| 5 | 5 Spain | 51,640,000 | 2023 | +0.74% | +4.03% | |
| 6 | 6 Slovakia | 43,551,000 | 2023 | +4.1% | -3.52% | View data |
| 7 | 7 Portugal | 15,228,000 | 2023 | +3.03% | +3.63% | View data |
