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Spain - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

Spain - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Apr 7, 2024

Spain's Iron Angle Exports Decrease by 26% to $134M in December 2023

Spain Iron Angle Exports

Iron angle exports from Spain dropped sharply to 166K tons in December 2023, waning by -23.9% against the month before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when exports increased by 107% m-o-m.

In value terms, iron angle exports dropped remarkably to $134M (IndexBox estimates) in December 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 with an increase of 97% month-to-month.Spain Iron Angle Exports By Country (Million USD)

COUNTRYExport Value of Iron Angle in Spain (million USD)
Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023
United Kingdom15.56.319.622.927.932.032.017.811.226.025.826.522.8
France19.943.235.846.134.931.934.429.716.034.425.930.421.4
Italy11.713.15.218.118.119.014.311.89.117.913.816.912.3
Turkey31.22.60.814.324.24.626.213.3N/A6.8N/A2.09.9
Portugal12.414.413.118.914.013.616.212.810.513.013.613.99.7
United States11.27.82.19.5< 0.1< 0.118.10.96.1< 0.1< 0.110.16.7
Germany3.77.13.47.96.710.410.26.54.35.66.35.13.6
Others38.639.738.088.443.967.580.146.123.354.738.376.047.4
Total14413411822617017923113980.5159124181134

Exports by Country

The UK (30K tons), France (27K tons) and Italy (15K tons) were the main destinations of iron angle exports from Spain, together comprising 43% of total exports.

From December 2022 to December 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +5.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron angle exported from Spain were the UK ($23M), France ($21M) and Italy ($12M), together accounting for 42% of total exports.

The UK, with a CAGR of +3.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

I-sections of non-alloy steel (76K tons), h-sections of of non-alloy steel (65K tons) and u-sections of non-alloy steel (15K tons) were the main products of iron angle exports from Spain, together comprising 94% of total exports. Iron or non-alloy steel; l sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm, iron or non-alloy steel; angles, shapes and sections, n.e.s. in heading no. 7216, hot-rolled, hot-drawn or extruded, iron or non-alloy steel; l or t sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more, iron or non-alloy steel; u, i or h sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm and iron or non-alloy steel; t sections, hot-rolled, hot-drawn or extruded, of a height less than 80mm lagged somewhat behind, together comprising a further 6.3%.

From December 2022 to December 2023, the biggest increases were in non-alloy steel i-sections (with a CAGR of +1.7%), while shipments for the other products experienced more modest paces of growth.

In value terms, the most traded types of angles, shapes and sections (of iron or non-alloy steel) in Spain were i-sections of non-alloy steel ($60M), h-sections of of non-alloy steel ($52M) and u-sections of non-alloy steel ($12M), together comprising 92% of total exports. These products were followed by iron or non-alloy steel; l sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm, iron or non-alloy steel; angles, shapes and sections, n.e.s. in heading no. 7216, hot-rolled, hot-drawn or extruded, iron or non-alloy steel; l or t sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more, iron or non-alloy steel; u, i or h sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm and iron or non-alloy steel; t sections, hot-rolled, hot-drawn or extruded, of a height less than 80mm, which together accounted for a further 7.6%.

Among the main product categories, non-alloy steel i-sections, with a CAGR of -0.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced a decline.

Export Prices by Country

In December 2023, the iron angle price stood at $805 per ton (FOB, Spain), reducing by -2.8% against the previous month. In general, the export price showed a mild contraction. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 6.7% month-to-month. As a result, the export price reached the peak level of $981 per ton. From May 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the countries with the highest prices were Germany ($1,068 per ton) and the United States ($912 per ton), while the average price for exports to the UK ($748 per ton) and Turkey ($751 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (-0.1%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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