Spain: Expanded Metal Market 2025

Expanded Metal Market Size in Spain

The Spanish expanded metal market surged to $X in 2022, picking up by 124% against the previous year. In general, consumption showed a perceptible increase. Expanded metal consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Expanded Metal Production in Spain

In value terms, expanded metal production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed noticeable growth. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Expanded Metal Exports

Exports from Spain

In 2022, the amount of iron or steel expanded metal exported from Spain fell rapidly to X tons, which is down by -25.3% compared with the previous year's figure. Overall, exports, however, showed a slight increase. The pace of growth appeared the most rapid in 2014 with an increase of 101% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, expanded metal exports reduced notably to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 83%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for expanded metal exports from Spain, accounting for a 80% share of total exports. Moreover, expanded metal exports to France exceeded the volume sent to the second major destination, Portugal (X tons), more than tenfold. Morocco (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+0.2% per year) and Morocco (+6.2% per year).

In value terms, France ($X) remains the key foreign market for iron or steel expanded metal exports from Spain, comprising 61% of total exports. The second position in the ranking was taken by Portugal ($X), with a 6.9% share of total exports. It was followed by Morocco, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-5.7% per year) and Morocco (+16.3% per year).

Export Prices by Country

In 2022, the average expanded metal export price amounted to $X per ton, falling by -39.5% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2018 an increase of 28%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to France ($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 Morocco (+9.6%), while the prices for the other major destinations experienced a decline.

Expanded Metal Imports

Imports into Spain

In 2022, expanded metal imports into Spain contracted modestly to X tons, reducing by -2.6% on the previous year. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by 399% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, expanded metal imports skyrocketed to $X in 2022. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 165%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Portugal (X tons), China (X tons) and Italy (X tons) were the main suppliers of expanded metal imports to Spain, with a combined 88% share of total imports. Germany, Sweden, Greece, France, the Netherlands and Belgium lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +73.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Portugal ($X) and China ($X) appeared to be the largest expanded metal suppliers to Spain, together accounting for 73% of total imports. Germany, Sweden, France, Greece, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 23%.

Greece, with a CAGR of +60.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, growing by 22% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 79% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :