Spain: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Spain

The Spanish market for ready-mixed concrete and factory made mortars rose notably to $X in 2022, surging by X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Production of Ready-Mixed Concrete And Factory Made Mortars in Spain

In value terms, production of ready-mixed concrete and factory made mortars rose notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Production of peaked in 2022 and is likely to continue growth in years to come.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Spain

In 2022, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons, falling for the second consecutive year after nine years of growth. In general, exports, however, showed a resilient increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of ready-mixed concrete and factory made mortars fell to $X in 2022. Overall, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

France (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Spain, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to France exceeded the volume sent to the second major destination, Portugal (X tons), sixfold. Andorra (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, France ($X), Portugal ($X) and the UK ($X) appeared to be the largest markets for ready-mixed concrete and factory made mortar exported from Spain worldwide, with a combined X% share of total exports. Cuba, Morocco, Algeria, Andorra, Libya, Lebanon and Yemen lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Yemen, with a CAGR of X%, saw the highest growth rate of 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 export price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Spain

In 2022, after six years of growth, there was decline in overseas purchases of ready-mixed concrete and factory made mortars, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars contracted notably to $X in 2022. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2021, and then declined sharply in the following year.

Imports by Country

In 2022, Portugal (X tons) constituted the largest supplier of ready-mixed concrete and factory made mortar to Spain, accounting for a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Portugal exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a X% share.

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

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Spain were Germany ($X), Italy ($X) and Portugal ($X), with a combined X% share of total imports.

In terms of the main suppliers, Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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