Spain: Non-Alloy Steel I-Sections Market 2025

Non-Alloy Steel I-Sections Market Size in Spain

In 2021, the Spanish non-alloy steel i-sections market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate prominent growth. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Non-Alloy Steel I-Sections Production in Spain

In value terms, non-alloy steel i-sections production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Non-Alloy Steel I-Sections Exports

Exports from Spain

In 2021, shipments abroad of i-sections of non-alloy steel was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-alloy steel i-sections exports soared to $X in 2021. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the UK (X tons) and Portugal (X tons) were the main destinations of non-alloy steel i-sections exports from Spain, with a combined 46% share of total exports. Mexico, Algeria, Italy, Canada, Ireland, Turkey, Morocco, Germany, Colombia and Belgium lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +57.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-alloy steel i-sections exported from Spain were France ($X), the UK ($X) and Portugal ($X), with a combined 47% share of total exports. Mexico, Italy, Canada, Algeria, Ireland, Germany, Morocco, Turkey, Colombia and Belgium lagged somewhat behind, together comprising a further 36%.

Canada, with a CAGR of +57.0%, saw 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

The average non-alloy steel i-sections export price stood at $X per ton in 2021, with an increase of 65% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Italy ($X per ton), while the average price for exports to Algeria ($X per ton) and Turkey ($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 Germany (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel I-Sections Imports

Imports into Spain

In 2021, approx. X tons of i-sections of non-alloy steel were imported into Spain; increasing by 184% against the previous year. In general, imports, however, showed a abrupt slump. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-alloy steel i-sections imports surged to $X in 2021. Overall, imports, however, saw a deep setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Ireland (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of non-alloy steel i-sections imports to Spain, together accounting for 70% of total imports. These countries were followed by France, Portugal, Germany, China, Luxembourg and the UK, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +130.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy steel i-sections suppliers to Spain were Ireland ($X), Italy ($X) and Turkey ($X), together comprising 63% of total imports. Portugal, France, Germany, China, Luxembourg and the UK lagged somewhat behind, together comprising a further 36%.

Among the main suppliers, China, with a CAGR of +138.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-alloy steel i-sections import price amounted to $X per ton, with an increase of 16% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-alloy steel i-sections import price increased by +37.8% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 68% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 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, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($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 UK (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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