Spain: Concrete Reinforcing Bar Market 2025

Concrete Reinforcing Bar Market Size in Spain

The Spanish concrete reinforcing bar market dropped markedly to $X in 2022, falling by -17.1% against the previous year. In general, consumption, however, showed a perceptible increase. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Concrete Reinforcing Bar Production in Spain

In value terms, concrete reinforcing bar production fell remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a deep setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 67%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Concrete Reinforcing Bar Exports

Exports from Spain

Concrete reinforcing bar exports from Spain contracted modestly to X tons in 2022, dropping by -4.2% against the previous year's figure. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, concrete reinforcing bar exports rose significantly to $X in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Portugal (X tons) was the main destination for concrete reinforcing bar exports from Spain, accounting for a 48% share of total exports. Moreover, concrete reinforcing bar exports to Portugal exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.6% per year) and the UK (-4.7% per year).

In value terms, Portugal ($X) remains the key foreign market for concrete reinforcing bars exports from Spain, comprising 46% of total exports. The second position in the ranking was held by France ($X), with an 18% share of total exports. It was followed by Finland, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Portugal stood at +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.2% per year) and Finland (+90.0% per year).

Export Prices by Country

In 2022, the average concrete reinforcing bar export price amounted to $X per ton, rising by 17% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar export price increased by +81.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Reinforcing Bar Imports

Imports into Spain

In 2022, approx. X tons of concrete reinforcing bars were imported into Spain; falling by -9.6% compared with the previous year. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, concrete reinforcing bar imports expanded sharply to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 156% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Portugal (X tons) constituted the largest concrete reinforcing bar supplier to Spain, with a 66% share of total imports. Moreover, concrete reinforcing bar imports from Portugal exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was taken by Egypt (X tons), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.6% per year) and Egypt (+3.4% per year).

In value terms, Portugal ($X) constituted the largest supplier of concrete reinforcing bars to Spain, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with a 24% share of total imports. It was followed by Egypt, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.1% per year) and Egypt (+7.7% per year).

Import Prices by Country

In 2022, the average concrete reinforcing bar import price amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concrete reinforcing bar import price increased by +73.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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