Spain: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Spain

The Spanish agglomerated powder rod market surged to $X in 2021, jumping by 48% against the previous year. In general, consumption saw strong growth. Agglomerated powder rod consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Agglomerated Powder Rod Production in Spain

In value terms, agglomerated powder rod production dropped to $X in 2021 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.5% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 54%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Agglomerated Powder Rod Exports

Exports from Spain

In 2021, exports of base metal wire and rods of agglomerated base powder from Spain declined remarkably to X tons, waning by -57.5% compared with 2020 figures. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, agglomerated powder rod exports shrank to $X in 2021. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), Portugal (X tons) and Germany (X tons) were the main destinations of agglomerated powder rod exports from Spain, with a combined 58% share of total exports. These countries were followed by Morocco, Cuba, the United States, Slovakia, Gibraltar, the UK, Mexico, India, Algeria and Turkey, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +101.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for agglomerated powder rod exported from Spain were France ($X), Germany ($X) and Portugal ($X), together comprising 71% of total exports. These countries were followed by Morocco, Cuba, Slovakia, the United States, Gibraltar, the UK, Mexico, India, Algeria and Turkey, which together accounted for a further 16%.

Slovakia, with a CAGR of +75.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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 agglomerated powder rod export price amounted to $X per ton, increasing by 109% against the previous year. In general, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Agglomerated Powder Rod Imports

Imports into Spain

After three years of decline, purchases abroad of base metal wire and rods of agglomerated base powder increased by 15% to X tons in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, agglomerated powder rod imports surged to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 60%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and Poland (X tons) were the main suppliers of agglomerated powder rod imports to Spain, with a combined 71% share of total imports. These countries were followed by Germany, Portugal, Vietnam, South Korea, Turkey, France, the Netherlands, Romania and the UK, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +258.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and China ($X) appeared to be the largest agglomerated powder rod suppliers to Spain, together comprising 56% of total imports. Poland, Portugal, Turkey, France, South Korea, Vietnam, the Netherlands, the UK and Romania lagged somewhat behind, together accounting for a further 31%.

Vietnam, with a CAGR of +283.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average agglomerated powder rod import price stood at $X per ton in 2021, growing by 5.8% against the previous year. Overall, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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