Spain: Metal Chain Parts Market 2024

Metal Chain Parts Market Size in Spain

In 2022, the Spanish metal chain parts market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Chain Parts Production in Spain

In value terms, metal chain parts production fell significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a dramatic decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Metal Chain Parts Exports

Exports from Spain

In 2022, after five years of growth, there was significant decline in overseas shipments of parts of chains of iron or steel, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank dramatically in the following year.

In value terms, metal chain parts exports shrank notably to $X in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

France (X tons), Norway (X tons) and Brazil (X tons) were the main destinations of metal chain parts exports from Spain, together accounting for X% of total exports. Portugal, the UK, Germany, Senegal, the United Arab Emirates, Morocco, Singapore, Mauritania, Italy and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), France ($X) and Brazil ($X) constituted the largest markets for metal chain parts exported from Spain worldwide, together accounting for X% of total exports. Portugal, the UK, Mauritania, Senegal, Singapore, Germany, Italy, Morocco, the United Arab Emirates and the United States lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Mauritania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal chain parts export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Germany ($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 Mauritania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports

Imports into Spain

Metal chain parts imports into Spain shrank to X tons in 2022, waning by X% against 2021 figures. In general, imports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal chain parts imports expanded markedly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest metal chain parts supplier to Spain, accounting for a X% share of total imports. Moreover, metal chain parts imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the largest metal chain parts suppliers to Spain were China ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

France, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average metal chain parts import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. The import price peaked at $X per ton in 2014; however, from 2015 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 France ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :