The Propyl Alcohol and Isopropyl Alcohol market in Spain has experienced significant fluctuations over the past decade. Starting in 2012 at a market value of 49.33 million euros, it saw a decline over the next few years, reaching a low in 2015. While there was a small recovery in the following years, the market value plummeted in 2020 due to external factors, likely COVID-19 impacts. However, the market witnessed a strong recovery in 2021, reaching 44.245 million euros, and by 2022, it marginally increased to 44.299 million euros.
- From 2012 to 2014, there was a steady decline with year-on-year variations of -4.89% and -4.53%, respectively.
- Between 2015 and 2017, the market dipped but showed slight positive changes in 2016 and 2017 at 1.24% and 1.23% respectively.
- A noticeable recovery began in 2021 with a substantial 20.63% year-on-year increase.
- The most recent CAGR over the last 5 years until 2022 is approximately 0.26%, indicating a very modest growth trend overall.
Looking ahead, factors such as technological advancements in production, increased demand for sanitization products, and regulatory changes could impact market dynamics. Tracking technological innovations and regulatory changes will be critical for anticipating market shifts.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 132,090,000 | 2023 | +0.66% | +0.94% | View data |
| 2 | 2 Spain | 44,352,000 | 2023 | +0.12% | -0.3% | |
| 3 | 3 Sweden | 10,867,000 | 2023 | +2.18% | +2.99% | View data |
| 4 | 4 Denmark | 6,573,800 | 2023 | +1.73% | +1.44% | View data |
| 5 | 5 Czech Republic | 4,154,700 | 2023 | -2.56% | -3.42% | View data |
