Spain: Bridge Market 2025

Bridge Market Size in Spain

In 2021, after two years of growth, there was significant decline in the Spanish bridge market, when its value decreased by -9.6% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. Bridge consumption peaked at $X in 2020, and then declined in the following year.

Bridge Production in Spain

In value terms, bridge production fell to $X in 2021 estimated in export price. Overall, production recorded a slight reduction. The pace of growth was the most pronounced in 2016 with an increase of 17%. Bridge production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Bridge Exports

Exports from Spain

In 2021, the amount of bridges, bridge sections, towers and lattice masts (of iron or steel) exported from Spain shrank modestly to X tons, which is down by -2.2% compared with the previous year's figure. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 86%. The exports peaked at X tons in 2020, and then declined slightly in the following year.

In value terms, bridge exports expanded significantly to $X in 2021. Overall, total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 76%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

France (X tons) was the main destination for bridge exports from Spain, accounting for a 28% share of total exports. Moreover, bridge exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Morocco (X tons), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+31.8% per year) and Morocco (+19.4% per year).

In value terms, the largest markets for bridge exported from Spain were France ($X), Germany ($X) and Morocco ($X), together comprising 44% of total exports. These countries were followed by the UK, Poland, Greece, Denmark, the United States, Italy, Belgium, the Netherlands, Sweden and Mexico, which together accounted for a further 38%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +48.4%, saw the highest growth rate of 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

The average bridge export price stood at $X per ton in 2021, surging by 8.2% against the previous year. In general, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 8.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Italy ($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 Mexico (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bridge Imports

Imports into Spain

For the third consecutive year, Spain recorded growth in supplies from abroad of bridges, bridge sections, towers and lattice masts (of iron or steel), which increased by 31% to X tons in 2021. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 366% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, bridge imports soared to $X in 2021. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 330% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Denmark (X tons), France (X tons) and Turkey (X tons) were the main suppliers of bridge imports to Spain, together comprising 77% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +108.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of bridges, bridge sections, towers and lattice masts (of iron or steel) to Spain, comprising 42% of total imports. The second position in the ranking was held by Denmark ($X), with a 16% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at +93.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+19.7% per year) and Turkey (+46.5% per year).

Import Prices by Country

In 2021, the average bridge import price amounted to $X per ton, growing by 21% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The growth pace was the most rapid in 2018 when the average import price increased by 31%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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