Iron or steel household articles market in Spain

Earlier Report Observations

The Spanish market for iron or steel household articles experienced notable volatility between 2018 and 2024. After a gradual decline from 39 195 t in 2018 to 33 443 t in 2020, market volume rebounded to 36 063 t in 2021 and surged to 44 833 t in 2022. However, 2023 saw a sharp contraction to 29 383 t, the lowest point in the period.

In 2024, the market recovered strongly, with volume rising by 41% to 41 449 t, while market value increased by 4% to 238.7 million USD. This growth was supported by a rise in home cooking activity and greater consumer awareness of healthy cooking methods, which boosted demand for durable cookware such as cast iron and stainless steel items.

Production iron or steel household articles in Spain

In value, 2017-2020, M $ US

Production of iron or steel household articles in Spain has declined for the second year in a row. In 2020, output was valued at 117.4 million US dollars, marking an 8.1% decrease from 2019. Over the period from 2017 to 2020, production fell by 9.1%, which translates to an annualized decline of 3.1%. The highest value was recorded in 2018 at 142.3 million US dollars. The largest drop occurred in 2019 with a 10.2% decrease, while the biggest increase was in 2018 at 10.1%.

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

In kind, 2017-2020, t

Production of iron or steel household articles in Spain has declined for the second consecutive year. In 2020, Spain produced 22 649 tonnes, representing a 6.8% year-on-year decrease. From 2017 to 2020, production dropped by 13.2%, equating to an annualized rate of 4.6%. The peak was in 2018 with 26 319 tonnes. The most significant decline was in 2019 at 7.7%, while the largest increase was in 2018 at 0.9%.

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

Exports iron or steel household articles from Spain

Exports in kind, t

Exports of iron or steel household articles from Spain have fallen for the second year in a row. In 2020, exports totaled 26 690 tonnes, showing a moderate decline of 3.5% compared to 2019. Between 2017 and 2020, exports decreased by 5.3%, which corresponds to an annualized rate of 1.8%. The highest volume was recorded in 2018 at 30 409 tonnes. The largest drop was in 2019 with a 9.0% decrease, while the biggest increase was in 2018 at 7.9%.

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

From 2017 to 2020, the export structure for iron or steel household articles was balanced rather than concentrated. France accounted for 19.7% of exports, Germany for 14.0%, and Poland for 9.7%, together representing 43.3% of total flows. Many other countries made up the remaining 56.7%.

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, exports of iron or steel household articles from Spain reached 167.2 million US dollars, showing a slight improvement of 0.9% compared to the previous year. Between 2017 and 2020, exports increased by 6.8%, equating to an annualized growth rate of 2.2%. The peak value was in 2018 at 174.3 million US dollars. The largest decline occurred in 2019 with a 5.0% drop, while the biggest increase was in 2018 at 11.4%.

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

From 2017 to 2020, exports of iron or steel household articles from Spain in value terms were characterized by a broad spread across markets. France accounted for 23.0% of exports, Germany for 10.0%, and Portugal for 9.0%, together making up only 42.0% 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 iron or steel household articles to Spain

Imports in kind, t

Imports of iron or steel household articles into Spain have declined for the second consecutive year. In 2020, Spain imported approximately 37 484 tonnes, indicating a solid decrease of 10.2% relative to the prior year. Over the period from 2017 to 2020, imports decreased by 5.9%, with a compound annual growth rate of -2.0%. The highest volume was recorded in 2018 at 43 286 tonnes. The largest increase was in 2018 at 8.7%.

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

From 2017 to 2020, China accounted for 60.1% of imports in kind, Italy for 9.4%, and Germany for 6.1%, together representing 75.6% of total imports. These countries remained the main sources for iron or steel household articles to Spain.

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

After a two-year rise, imports of iron or steel household articles into Spain declined. In 2020, imports amounted to 205.8 million US dollars, down by 2.9% compared to the previous year. The peak value was recorded in 2019 at 212.0 million US dollars. The largest increase was in 2019 at 2.3%.

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

From 2017 to 2020, China contributed 56.3% of imports in value terms, Germany 11.0%, and Italy 7.1%, jointly accounting for 74.4% of total flows, making them the biggest contributors to Spain's imports.

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

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