Spain: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Spain

In 2021, the Spanish market for tubes, pipes and hollow profiles (of iron or steel) decreased by -72.1% to $X, falling for the second year in a row after five years of growth. Overall, consumption continues to indicate a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Spain

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) shrank markedly to $X in 2021 estimated in export price. In general, production recorded a deep slump. The growth pace was the most rapid in 2013 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports from Spain

In 2021, after two years of decline, there was growth in overseas shipments of tubes, pipes and hollow profiles (of iron or steel), when their volume increased by 4.9% to X tons. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 23%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for exports of tubes, pipes and hollow profiles (of iron or steel) from Spain, accounting for a 30% share of total exports. Moreover, exports of tubes, pipes and hollow profiles (of iron or steel) to France exceeded the volume sent to the second major destination, Portugal (X tons), threefold. Germany (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+3.8% per year) and Germany (+1.6% per year).

In value terms, the largest markets for iron or steel pipe and tube exported from Spain were France ($X), Germany ($X) and Portugal ($X), with a combined 46% share of total exports. These countries were followed by the United States, Italy, Poland, the UK, the Netherlands, Belgium, the Czech Republic, Mexico and Morocco, which together accounted for a further 32%.

Among the main countries of destination, the Czech Republic, with a CAGR of +11.9%, 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 export price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the export price, however, showed a mild descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 Portugal (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports into Spain

In 2021, approx. X tons of tubes, pipes and hollow profiles (of iron or steel) were imported into Spain; rising by 8% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 33%. Over the period under review, imports of attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) soared to $X in 2021. The total import value increased at an average annual rate of +4.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Portugal (X tons) and Germany (X tons) were the main suppliers of imports of tubes, pipes and hollow profiles (of iron or steel) to Spain, with a combined 66% share of total imports. These countries were followed by Turkey, India, France, China, Slovakia and Romania, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +14.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of tubes, pipes and hollow profiles (of iron or steel) to Spain, comprising 40% of total imports. The second position in the ranking was taken by Portugal ($X), with a 16% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+11.6% per year) and Germany (+0.1% per year).

Import Prices by Country

The average import price for tubes, pipes and hollow profiles (of iron or steel) stood at $X per ton in 2021, increasing by 34% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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