Spain: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Spain

The Spanish aluminium bar market expanded markedly to $X in 2019, rising by X% against the previous year. In general, consumption, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Aluminium Bar Production in Spain

In value terms, aluminium bar production fell to $X in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Aluminium bar production peaked at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.

Aluminium Bar Exports

Exports from Spain

In 2019, aluminium bar exports from Spain stood at X tonnes, approximately reflecting 2018. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the near future.

In value terms, aluminium bar exports contracted modestly to $X in 2019. Over the period under review, total exports indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2018, and then shrank modestly in the following year.

Exports by Country

France (X tonnes) was the main destination for aluminium bar exports from Spain, with a X% share of total exports. Moreover, aluminium bar exports to France exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. The third position in this ranking was occupied by Portugal (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Portugal (+X% per year).

In value terms, France ($X) remains the key foreign market for aluminium bar exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2007 to 2019, the average annual growth rate of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Portugal (+X% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the export price showed a slight setback. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2019, the highest prices were recorded for prices to Portugal ($X per tonne) and the UK ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Portugal, while the prices for the other major destinations experienced a decline.

Aluminium Bar Imports

Imports into Spain

In 2019, the amount of aluminium bars, rods and profiles imported into Spain surged to X tonnes, increasing by X% compared with the previous year's figure. Overall, imports saw a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, aluminium bar imports stood at $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2018 to 2019, the growth imports failed to regain the momentum.

Imports by Country

France (X tonnes), Italy (X tonnes) and Portugal (X tonnes) were the main suppliers of aluminium bar imports to Spain, together accounting for X% of total imports. These countries were followed by Germany, China, Switzerland, Slovenia, the Czech Republic, the Netherlands, Poland, Turkey and the UK, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar suppliers to Spain were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Portugal, China, the Czech Republic, Switzerland, the Netherlands, Poland, Slovenia, Turkey and the UK, which together accounted for a further X Czech Republic saw the highest growth rate of the value of imports, in terms of 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 aluminium bar import price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?

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The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), together accounting for 49% of global consumption.

What are the largest producers of aluminium bars, rods and profiles in the world?

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China (6.1M tonnes) remains the largest aluminium bar producing country worldwide, comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.

What are the leading suppliers of aluminium bars, rods and profiles to Spain?

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In value terms, the largest aluminium bar suppliers to Spain were France ($67M), Italy ($64M) and Germany ($62M), together accounting for 50% of total imports. Portugal, China, the Czech Republic, Switzerland, the Netherlands, Poland, Slovenia, Turkey and the UK lagged somewhat behind, together accounting for a further 42%.

What are the leading importers of aluminium bars, rods and profiles from Spain?

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In value terms, France ($448M) remains the key foreign market for aluminium bar exports from Spain, comprising 39% of total exports. The second position in the ranking was occupied by Germany ($155M), with a 14% share of total exports. It was followed by Portugal, with a 9.7% share.

What is the average export price for aluminium bars, rods and profiles in Spain?

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The average aluminium bar export price stood at $3,967 per tonne in 2019, which is down by -4% against the previous year.

What is the average import price for aluminium bars, rods and profiles in Spain?

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In 2019, the average aluminium bar import price amounted to $3,459 per tonne, dropping by -22.6% against the previous year.