Spain: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Spain

In 2023, the Spanish market for ready-mixed concrete and factory made mortars decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Overall, the total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. Consumption of peaked at $X in 2022, and then contracted in the following year.

Production of Ready-Mixed Concrete And Factory Made Mortars in Spain

In value terms, production of ready-mixed concrete and factory made mortars contracted to $X in 2023 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. Production of peaked at $X in 2022, and then reduced in the following year.

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Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Spain

In 2023, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons, falling for the third year in a row after nine years of growth. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, exports of ready-mixed concrete and factory made mortars rose rapidly to $X in 2023. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Spain, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to France exceeded the volume sent to the second major destination, Portugal (X tons), fourfold. The third position in this ranking was taken by Andorra (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Andorra (X% per year).

In value terms, the largest markets for ready-mixed concrete and factory made mortar exported from Spain were France ($X), Portugal ($X) and the UK ($X), together comprising X% of total exports. Italy, Libya, Cuba, Lebanon, Andorra, Morocco and Australia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Australia, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for ready-mixed concrete and factory made mortars increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Spain

After eight years of growth, supplies from abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons in 2023. Overall, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then shrank sharply in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars reduced to $X in 2023. In general, imports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Portugal (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Spain, accounting for a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Portugal exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Spain were Germany ($X), Portugal ($X) and Italy ($X), together comprising X% of total imports.

Portugal, 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

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, recorded a deep reduction. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform