Report Spain - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 3, 2023

Spain - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Market for Precious Metal Ores And Concentrates 2023

Market Size for Precious Metal Ores And Concentrates in Spain

After six years of growth, the Spanish market for precious metal ores and concentrates decreased by -83.9% to $X in 2021. Over the period under review, consumption recorded a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2020, and then fell remarkably in the following year.

Production of Precious Metal Ores And Concentrates in Spain

In value terms, precious metal ore and concentrate production soared to $X in 2021 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 80%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Precious Metal Ores And Concentrates

Exports from Spain

In 2021, shipments abroad of precious metal ores and concentrates increased by 216% to X tons, rising for the second year in a row after three years of decline. Overall, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, precious metal ore and concentrate exports skyrocketed to $X in 2021. Over the period under review, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for precious metal ore and concentrate exports from Spain, accounting for a 66% share of total exports. Moreover, precious metal ore and concentrate exports to Russia exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+1.1% per year) and Italy (+83.3% per year).

In value terms, the largest markets for precious metal ore and concentrate exported from Spain were Russia ($X), China ($X) and Italy ($X), together accounting for 99% of total exports.

Italy, with a CAGR of +47.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, reducing by -20.7% against the previous year. Overall, the export price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 90% against the previous year. The export price peaked at $X per ton in 2020, and then reduced notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Russia ($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 China (+1.4%).

Imports of Precious Metal Ores And Concentrates

Imports into Spain

In 2021, supplies from abroad of precious metal ores and concentrates decreased by -85.3% to X tons for the first time since 2014, thus ending a six-year rising trend. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 695% against the previous year. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, precious metal ore and concentrate imports contracted significantly to $X in 2021. Overall, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 402%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

Portugal (X tons), the Netherlands (X tons) and Morocco (X tons) were the main suppliers of precious metal ore and concentrate imports to Spain, together accounting for 98% of total imports.

From 2012 to 2021, the biggest increases were in Portugal (with a CAGR of +259.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of precious metal ore and concentrate to Spain, comprising 68% of total imports. The second position in the ranking was held by Morocco ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at +159.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (0.0% per year) and the Netherlands (-10.8% per year).

Import Prices by Country

In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, waning by -19.2% against the previous year. In general, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the average import price increased by 133% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Morocco ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-25.2%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?
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The country with the largest volume of precious metal ore and concentrate consumption was China, accounting for 30% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. The third position in this ranking was held by Kyrgyzstan, with a 4.3% share.
What are the largest producers of precious metal ores and concentrates in the world?
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The countries with the highest volumes of production in 2021 were Kyrgyzstan, Peru and Australia, together comprising 20% of global production. Russia, the United States, Brazil, India, Indonesia, Pakistan, Mexico, Bangladesh, Ecuador and Turkey lagged somewhat behind, together comprising a further 37%.
What are the leading suppliers of precious metal ores and concentrates to Spain?
+
In value terms, Portugal constituted the largest supplier of precious metal ore and concentrate to Spain, comprising 68% of total imports. The second position in the ranking was held by Morocco, with a 17% share of total imports.
What are the leading importers of precious metal ores and concentrates from Spain?
+
In value terms, Russia, China and Italy appeared to be the largest markets for precious metal ore and concentrate exported from Spain worldwide, with a combined 99% share of total exports.
What is the average export price for precious metal ores and concentrates in Spain?
+
In 2021, the average export price for precious metal ores and concentrates amounted to $6,232 per ton, shrinking by -20.7% against the previous year.
What is the average import price for precious metal ores and concentrates in Spain?
+
The average import price for precious metal ores and concentrates stood at $7,000 per ton in 2021, dropping by -19.2% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 2030.


Product coverage:
• Prodcom 07291400 - Precious metal ores and concentrates
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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