Spain: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Spain

The Spanish metal pickling preparations market fell markedly to $X in 2021, waning by -19.2% against the previous year. Over the period under review, consumption continues to indicate a mild slump. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Metal Pickling Preparations Production in Spain

In value terms, metal pickling preparations production surged to $X in 2021 estimated in export price. Overall, production, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 174% against the previous year. Over the period under review, production attained the peak level in 2021 and is likely to continue growth in years to come.

Metal Pickling Preparations Exports

Exports from Spain

In 2021, metal pickling preparations exports from Spain rose markedly to X tons, surging by 7.3% on the year before. Over the period under review, exports posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 63% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports amounted to $X in 2021. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by 78%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons), France (X tons) and Italy (X tons) were the main destinations of metal pickling preparations exports from Spain, together comprising 57% of total exports. Colombia, the Dominican Republic, the United States, Poland, Algeria, Cuba, Argentina, Germany, the UK and Morocco lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +66.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Portugal ($X) and France ($X) were the largest markets for metal pickling preparations exported from Spain worldwide, together comprising 48% of total exports. Cuba, Italy, Germany, Colombia, the Dominican Republic, Argentina, Poland, Algeria, the United States and the UK lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Argentina, with a CAGR of +63.0%, 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

In 2021, the average metal pickling preparations export price amounted to $X per ton, increasing by 2.8% against the previous year. Overall, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.2%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Morocco ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Spain

In 2021, overseas purchases of pickling preparations for metal surfaces increased by 5.7% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 9.8%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, metal pickling preparations imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of metal pickling preparations to Spain, accounting for a 50% share of total imports. Moreover, metal pickling preparations imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-10.0% per year) and Italy (-13.0% per year).

In value terms, Germany ($X) constituted the largest supplier of pickling preparations for metal surfaces to Spain, comprising 33% of total imports. The second position in the ranking was held by France ($X), with a 10% share of total imports. It was followed by the Czech Republic, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-6.5% per year) and the Czech Republic (+23.1% per year).

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, with an increase of 9.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 Netherlands (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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