Spain: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Spain

In 2022, the Spanish metal anchors and grapnels market increased by 14% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +43.1% against 2019 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in Spain

In value terms, metal anchors and grapnels production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep setback. Metal anchors and grapnels production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Spain

In 2022, approx. X units of iron or steel anchors, grapnels were exported from Spain; jumping by 28% compared with the year before. In general, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 156%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal anchors and grapnels exports reached $X in 2022. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 208%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Morocco (X units) was the main destination for metal anchors and grapnels exports from Spain, accounting for a 47% share of total exports. Moreover, metal anchors and grapnels exports to Morocco exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was held by Cuba (X units), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco stood at +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.7% per year) and Cuba (+44.7% per year).

In value terms, Cuba ($X), Morocco ($X) and France ($X) appeared to be the largest markets for metal anchors and grapnels exported from Spain worldwide, together accounting for 63% of total exports. Portugal, Argentina, Italy, the Netherlands and Israel lagged somewhat behind, together comprising a further 12%.

Argentina, with a CAGR of +85.7%, saw the highest growth rate of 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

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, which is down by -21.3% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 83% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Spain

In 2022, the amount of iron or steel anchors, grapnels imported into Spain surged to X units, jumping by 127% compared with the previous year's figure. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal anchors and grapnels imports surged to $X in 2022. Overall, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by 87%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal anchors and grapnels to Spain, accounting for a 80% share of total imports. Moreover, metal anchors and grapnels imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.2% per year) and the Netherlands (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel anchors, grapnels to Spain, comprising 63% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by France, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.5% per year) and France (+9.2% per year).

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, which is down by -29.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 105%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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