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Spain - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Spain: Aluminium Market Overview 2021

Aluminium Market Size in Spain

In 2019, after four years of growth, there was significant decline in the Spanish aluminium market, when its value decreased by -X% to $X. Over the period under review, consumption recorded a slight decline. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Aluminium consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Aluminium Production in Spain

In value terms, aluminium production reduced to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.

Aluminium Exports

Exports from Spain

Aluminium exports from Spain dropped to X tonnes in 2019, which is down by -X% against the previous year. Overall, exports, however, showed tangible growth. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, aluminium exports fell rapidly to $X in 2019. Over the period under review, exports, however, continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Portugal (X tonnes) was the main destination for aluminium exports from Spain, accounting for a X% share of total exports. Moreover, aluminium exports to Portugal exceeded the volume sent to the second major destination, France (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

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

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

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

Export Prices by Country

The average aluminium export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the export price saw a slight reduction. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

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

Aluminium Imports

Imports into Spain

In 2019, purchases abroad of aluminium increased by X% to X tonnes, rising for the seventh consecutive year after two years of decline. Over the period under review, imports enjoyed pronounced growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, aluminium imports dropped to $X in 2019. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2018, and then dropped in the following year.

Imports by Country

Norway (X tonnes), Mozambique (X tonnes) and the UK (X tonnes) were the main suppliers of aluminium imports to Spain, with a combined X% share of total imports. These countries were followed by Bahrain, India, the United Arab Emirates, Russia and Malaysia, 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 India, while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of aluminium to Spain, comprising X% of total imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Norway stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mozambique (-X% per year) and the UK (+X% per year).

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price showed a perceptible slump. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Norway ($X per tonne) and the UK ($X per tonne), while the price for the United Arab Emirates ($X per tonne) and Mozambique ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, 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 in the world?
+
China (36M tonnes) constituted the country with the largest volume of aluminium consumption, accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. India (2.8M tonnes) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of aluminium in the world?
+
China (36M tonnes) remains the largest aluminium producing country worldwide, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. Russia (3.6M tonnes) ranked third in terms of total production with a 5.4% share.
What are the leading suppliers of aluminium to Spain?
+
In value terms, Norway ($336M) constituted the largest supplier of aluminium to Spain, comprising 26% of total imports. The second position in the ranking was occupied by Mozambique ($158M), with a 12% share of total imports. It was followed by the UK, with a 11% share.
What are the leading importers of aluminium from Spain?
+
In value terms, Portugal ($261M) remains the key foreign market for aluminium exports from Spain, comprising 46% of total exports. The second position in the ranking was occupied by France ($89M), with a 16% share of total exports. It was followed by Italy, with a 11% share.
What is the average export price for aluminium in Spain?
+
In 2019, the average aluminium export price amounted to $2,103 per tonne, declining by -14.9% against the previous year.
What is the average import price for aluminium in Spain?
+
The average aluminium import price stood at $2,025 per tonne in 2019, declining by -14.4% against the previous year.

Product coverage:

This report provides an in-depth analysis of the aluminium market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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