Market research

Castors with mountings market in Spain

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for base metal castors with mountings in Spain showed considerable fluctuation between 2018 and 2024. Volume contracted from 16.6 thousand tons in 2018 to 11.9 thousand tons in 2020, before recovering to a peak of 16.9 thousand tons in 2022. This growth reversed in the following years, declining to 14.5 thousand tons in 2023 and then falling sharply to 10.6 thousand tons in 2024.

The year 2024 was marked by several industry developments. CITIC Dicastal expanded its light-alloy wheel production in Morocco, influencing the European supply landscape. Innovations included JSW MG's new diamond-cut alloy wheel design for electric vehicles and Accuride Corporation's approval of new inflation rates for steel wheels, broadening options for truck fleets. Furthermore, a focus on emission reduction and automation, highlighted by Hitachi Construction Machinery's partnership to produce zero-emission excavators, continued to shape demand trends in the heavy machinery segment.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Spain
  1. 5.1.1. In kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production castors with mountings in Spain

In value, 2017-2020, K $ US

Spain's production of castors with mountings declined for the second consecutive year. In 2020, output was valued at 21 915 thousand US dollars, down 8.2% from 2019. Over the 2017-2020 period, production increased by 2.3%, with a compound annual growth rate of 0.7%. The highest value was recorded in 2018 at 26 404 thousand US dollars, which represented a 23.2% increase. The largest decline occurred in 2019, with a drop of 9.6%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.2%	(9.6%)	(8.2%)	0.7%

Source: SHEV.io

In kind, 2017-2020, t

Spain's production volume of castors with mountings fell for the second year in a row. In 2020, 9 046 tonnes were produced, marking a significant 18.9% decrease from the previous year. From 2017 to 2020, production decreased by 24%, with a compound annual growth rate of -8.8%. The peak was in 2018 at 12 196 tonnes, which saw a 2.4% increase.

Annual dynamics of production in Spain in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	(8.6%)	(18.9%)	(8.8%)

Source: SHEV.io

Exports castors with mountings from Spain

Exports in kind, t

After two years of growth, Spain's exports of castors with mountings declined. In 2020, export volume was 1 687 tonnes, down 7.0% from 2019. Over the 2017-2020 period, exports increased by 29.2%, with a compound annual growth rate of 8.9%. The highest volume was recorded in 2019 at 1 813 tonnes, which represented a 34.4% increase.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.3%	34.4%	(7.0%)	8.9%

Source: SHEV.io

From 2017 to 2020, the main markets for Spain's exports in kind were Portugal, accounting for 50.0% of exports, France with 7.2%, and the United Kingdom with 4.6%. Together, these three countries formed 61.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Spain in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Spain's export value of castors with mountings increased for the second consecutive year. In 2020, exports totaled 25 231 thousand US dollars, up 23.4% year-over-year. Between 2017 and 2020, exports grew by 6.5%, equating to an annualized rate of 2.1%. The lowest value was in 2018 at 16 401 thousand US dollars, which saw a 30.8% decline. The largest increase occurred in 2019, with a rise of 24.7%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(30.8%)	24.7%	23.4%	2.1%

Source: SHEV.io

An analysis of Spain's export value from 2017 to 2020 shows a broad distribution across many markets. Portugal accounted for 28.7% of exports in value terms, Germany for 8.1%, and France for 8.0%. Together, these three countries represented 44.8% of total flows, while the remaining 55.2% went to other partners.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Spain in value, 2017-2020

Source: SHEV.io

Imports castors with mountings to Spain

Imports in kind, t

Spain's import volume of castors with mountings declined for the second consecutive year. In 2020, imports stood at 4 540 tonnes, 14.0% lower than in 2019. The highest volume was recorded in 2018 at 5 727 tonnes, which saw a 26.6% increase.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	26.6%	(7.8%)	(14.0%)	0.1%

Source: SHEV.io

From 2017 to 2020, the leading sources for Spain's imports in kind were Germany, with 29.0% of imports, the United Kingdom with 22.5%, and China with 21.8%. Together, these three countries accounted for 73.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Spain in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Spain's import value of castors with mountings fell for the second year in a row. In 2020, imports amounted to 33 537 thousand US dollars, reflecting a 9.4% decrease from the previous year. The peak value was in 2018 at 48 663 thousand US dollars, which represented a 46.4% increase. The largest decline occurred in 2019, with a drop of 23.9%.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	46.4%	(23.9%)	(9.4%)	0.3%

Source: SHEV.io

From 2017 to 2020, the principal suppliers of castors with mountings to Spain in value terms were the United Kingdom, accounting for 29.6% of imports, Germany with 23.5%, and France with 22.0%. Together, these three countries jointly accounted for 75.0% of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Spain in value, 2017-2020

Source: SHEV.io