Spain: Iron Angle Market 2025

Iron Angle Market Size in Spain

In 2021, after two years of decline, there was significant growth in the Spanish iron angle market, when its value increased by 49% to $X. The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Iron Angle Production in Spain

In value terms, iron angle production surged to $X in 2021 estimated in export price. Overall, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Iron Angle Exports

Exports from Spain

In 2021, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, iron angle exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the UK (X tons) and Italy (X tons) were the main destinations of iron angle exports from Spain, together accounting for 44% of total exports. Portugal, Germany, Turkey, Morocco, Algeria, Ireland, Mexico, Canada, Belgium and Greece lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +52.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron angle exported from Spain were France ($X), the UK ($X) and Italy ($X), with a combined 45% share of total exports. These countries were followed by Portugal, Germany, Turkey, Morocco, Ireland, Algeria, Mexico, Canada, Belgium and Greece, which together accounted for a further 37%.

In terms of the main countries of destination, Canada, with a CAGR of +48.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average iron angle export price amounted to $X per ton, growing by 62% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Italy ($X per ton), while the average price for exports to Algeria ($X per ton) and Morocco ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Spain

After two years of decline, overseas purchases of angles, shapes and sections (of iron or non-alloy steel) increased by 11% to X tons in 2021. Over the period under review, imports, however, recorded a slight decrease. The growth pace was the most rapid in 2018 with an increase of 32%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, iron angle imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Luxembourg (X tons) were the main suppliers of iron angle imports to Spain, with a combined 63% share of total imports. Turkey, France, Portugal, Poland, the UK and South Korea lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +55.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Luxembourg ($X) constituted the largest iron angle suppliers to Spain, together accounting for 66% of total imports. Turkey, France, Poland, Portugal, the UK and South Korea lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Turkey, with a CAGR of +51.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average iron angle import price amounted to $X per ton, rising by 41% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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