Earlier Report Observations
The Spanish furniture fittings market showed significant volatility between 2018 and 2022. Market size grew from 136.7 million US dollars in 2018 to 142.9 million in 2019, then contracted to 121.4 million in 2020. A sharp expansion followed, reaching 189.9 million US dollars in 2022.
High raw material costs for metals and polymers pressured producers in 2023, contributing to a market decline to 159.5 million US dollars. The market recovered strongly in 2024, climbing to 214.4 million US dollars, driven by increased demand for customized and sustainable hardware, the launch of AI-powered personalization technologies, and the growth of specialized digital sales platforms.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2020, 2022-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2020, 2022-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Spain
- 5.1.1. In kind, 2018-2020, 2022-2024, t
- 5.1.2. In value, 2018-2020, 2022-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Spain
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production furniture fittings in Spain
In value, 2017-2020, K $ US
In 2020, Spain's furniture fittings output was valued at 86 775 thousand US dollars, showing no significant change from the previous year. The maximum value was recorded in 2018 at 91 316 thousand US dollars, which represented a 5.7% increase. The largest decline occurred in 2019, with a drop of 5.2%.
Annual dynamics of production in Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.7% | (5.2%) | 0.2% | 0.2% |
In kind, 2017-2020, t
Spain's furniture fittings production declined for the second consecutive year. In 2020, production stood at 10 513 tonnes, which is 20.0% lower than the previous year. Over the period from 2017 to 2020, production decreased by 4.8%, with a compound annual growth rate of 1.6%. The maximum production was recorded in 2018 at 13 820 tonnes, marking a 25.1% increase.
Annual dynamics of production in Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 25.1% | (4.9%) | (20.0%) | (1.6%) |
Exports furniture fittings from Spain
Exports in kind, t
Spain's furniture fittings exports declined for the third consecutive year. In 2020, exports amounted to 19 050 tonnes, down by 3.1% from the previous year. Between 2017 and 2020, exports decreased by 27.1%, equating to an annualized rate of 10.0%.
Annual dynamics of product's exports from Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.6%) | (22.0%) | (3.1%) | (10.0%) |
The structure of Spain's furniture fittings exports in kind from 2017 to 2020 was diversified. Germany accounted for 15.1% of exports, Portugal for 14.0%, and France for 14.0%, with these three countries together making up 43.1% of total flows. No single country held a clearly dominant position.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Spain in kind, 2017-2020
Exports in value, M $ US
In 2020, Spain exported 107.9 million US dollars worth of furniture fittings, which is 1.5% more than the previous year. Between 2017 and 2020, exports decreased by 5.9%, equating to an annualized rate of 2.0%. The minimum value was recorded in 2019 at 106.3 million US dollars, with a decline of 14.9%. The maximum value was in 2018 at 124.9 million US dollars, representing an 8.9% increase.
Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.9% | (14.9%) | 1.5% | (2.0%) |
From 2017 to 2020, Spain's furniture fittings exports in value terms were not heavily concentrated. France accounted for 18.3% of exports, Portugal for 13.5%, and Germany for 11.4%, with these three countries together capturing 43.1% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Spain in value, 2017-2020
Imports furniture fittings to Spain
Imports in kind, t
In 2020, Spain imported a total of furniture fittings in kind, marking a robust drop of 21.9% compared to the previous year. Between 2017 and 2020, imports decreased by 24.9%, equating to an annualized rate of 9.1%. The largest increase was recorded in 2019 at 8.4%.
Annual dynamics of product's imports to Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.3%) | 8.4% | (21.9%) | (9.1%) |
From 2017 to 2020, China was the main market for Spain's furniture fittings imports in kind, accounting for 59.1% of imports. Germany followed with 9.6%, and Austria with 9.3%. Together, these three countries accounted for 78.0% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Spain in kind, 2017-2020
Imports in value, M $ US
Spain's furniture fittings imports declined for the second consecutive year. In 2020, imports totalled 142.6 million US dollars, indicating a solid reduction of 12.3% year-over-year. Between 2017 and 2020, imports decreased by 13.7%, equating to an annualized rate of 4.8%. The maximum value was recorded in 2018 at 170.3 million US dollars, with an increase of 3.1%.
Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.1% | (4.5%) | (12.3%) | (4.8%) |
In the period from 2017 to 2020, China was the leading market for Spain's furniture fittings imports in value terms, accounting for 42.4% of imports. Austria followed with 16.2%, and Germany with 14.0%. These three countries formed the main cluster, with a combined share of 72.6% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Spain in value, 2017-2020
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