Spain: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in Spain

The Spanish bar draw-bench market dropped significantly to $X in 2021, which is down by -35.2% against the previous year. Overall, consumption, however, showed a remarkable increase. Bar draw-bench consumption peaked at $X in 2020, and then contracted markedly in the following year.

Bar Draw-Bench Production in Spain

In value terms, bar draw-bench production contracted notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 72%. As a result, production reached the peak level of $X, and then fell rapidly in the following year.

Bar Draw-Bench Exports

Exports from Spain

After two years of decline, shipments abroad of draw-benches for bars, tubes, profiles, wire or the like increased by 27% to X units in 2021. Overall, exports posted a measured increase. The pace of growth appeared the most rapid in 2013 when exports increased by 189% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, bar draw-bench exports soared to $X in 2021. In general, exports saw a notable expansion. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for bar draw-bench exports from Spain, with a 47% share of total exports. Moreover, bar draw-bench exports to Saudi Arabia exceeded the volume sent to the second major destination, Russia (X units), fourfold. Nigeria (X units) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled +34.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+28.4% per year) and Nigeria (+317.9% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for draw-benches for bars, tubes, profiles, wire or the like exports from Spain, comprising 43% of total exports. The second position in the ranking was held by Nigeria ($X), with a 15% share of total exports. It was followed by Russia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +195.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+200.5% per year) and Russia (+25.2% per year).

Export Prices by Country

The average bar draw-bench export price stood at $X per unit in 2021, increasing by 14% against the previous year. Over the period under review, the export price showed slight growth. The pace of growth appeared the most rapid in 2014 an increase of 136%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports into Spain

In 2021, overseas purchases of draw-benches for bars, tubes, profiles, wire or the like were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 4,765% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, bar draw-bench imports soared to $X in 2021. In general, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 60% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) was the main bar draw-bench supplier to Spain, with a 93% share of total imports. Moreover, bar draw-bench imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.1% per year) and China (-7.9% per year).

In value terms, Germany ($X) constituted the largest supplier of draw-benches for bars, tubes, profiles, wire or the like to Spain, comprising 81% of total imports. The second position in the ranking was held by France ($X), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.2% per year) and China (+0.4% per year).

Import Prices by Country

The average bar draw-bench import price stood at $X per unit in 2021, shrinking by -79.7% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 6,512%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2,323.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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