Spain: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Spain

In 2022, the Spanish market for float glass and surface ground or polished glass decreased by X% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Float Glass And Surface Ground or Polished Glass in Spain

In value terms, production of float glass and surface ground or polished glass contracted dramatically to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Spain

In 2022, shipments abroad of float glass and surface ground or polished glass increased by X% to X square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs at X square meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass soared to $X in 2022. Over the period under review, total exports indicated a strong increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Portugal (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Spain, with a X% share of total exports. Moreover, exports of float glass and surface ground or polished glass to Portugal exceeded the volume sent to the second major destination, France (X square meters), fivefold. Luxembourg (X square meters) ranked third in terms of total exports with a X% share.

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

In value terms, Portugal ($X) remains the key foreign market for float glass and surface ground or polished glass exports from Spain, comprising X% of total exports. The second position in the ranking was held by Luxembourg ($X), with an X% share of total exports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (X% per year) and France (X% per year).

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2021, and then reduced sharply in the following year.

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 Germany ($X per square meter), while the average price for exports to Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Spain

In 2022, imports of float glass and surface ground or polished glass into Spain skyrocketed to X square meters, with an increase of X% on the previous year's figure. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of float glass and surface ground or polished glass soared to $X in 2022. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Algeria (X square meters), Iran (X square meters) and Germany (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Spain, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass suppliers to Spain were Algeria ($X), Iran ($X) and Belgium ($X), with a combined X% share of total imports.

Iran, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per square meter), while the price for Algeria ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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