Spain: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in Spain

In 2021, the Spanish hot-dipped metal-coated sheet market increased by 40% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hot-dipped metal-coated sheet consumption peaked at $X in 2014; afterwards, it flattened through to 2021.

Hot-Dipped Metal-Coated Sheet Production in Spain

In value terms, hot-dipped metal-coated sheet production amounted to $X in 2021 estimated in export price. In general, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 5.1% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Spain

In 2021, overseas shipments of hot-dipped metal-coated sheet were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-dipped metal-coated sheet exports soared to $X in 2021. Overall, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Portugal (X tons) and Italy (X tons) were the main destinations of hot-dipped metal-coated sheet exports from Spain, together accounting for 72% of total exports. Morocco, Turkey and Germany lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +17.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hot-dipped metal-coated sheet exported from Spain were France ($X), Portugal ($X) and Italy ($X), together accounting for 69% of total exports. These countries were followed by Morocco, Turkey and Germany, which together accounted for a further 21%.

Turkey, with a CAGR of +21.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average hot-dipped metal-coated sheet export price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 24% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Germany ($X per ton) and Portugal ($X per ton), while the average price for exports to Italy ($X per ton) and France ($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 Turkey (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Spain

Hot-dipped metal-coated sheet imports into Spain surged to X tons in 2021, rising by 18% compared with the previous year. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 32%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, hot-dipped metal-coated sheet imports skyrocketed to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest hot-dipped metal-coated sheet supplier to Spain, with a 24% share of total imports. Moreover, hot-dipped metal-coated sheet imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +168.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.6% per year) and Taiwan (Chinese) (+58.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of hot-dipped metal-coated sheet to Spain, comprising 25% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.7% share of total imports. It was followed by Italy, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +166.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.8% per year) and Italy (-3.4% per year).

Import Prices by Country

In 2021, the average hot-dipped metal-coated sheet import price amounted to $X per ton, jumping by 45% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Portugal ($X per ton) and Vietnam ($X per ton), while the price for China ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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