Iron or steel woven wire cloth market in Spain

Earlier Report Observations

The market for iron or steel woven wire cloth in Spain expanded significantly in 2019, reaching 60 135 thousand US dollars, before a slight contraction to 57 015 thousand USD in 2020.

Market value recovered to 58 438 thousand USD in 2021, driven by a rapid post-pandemic consumption rebound and disrupted supply chains that pushed up prices, while EU antidumping duties on steel imports from China and Russia constrained supply. In 2022, the market fell to 53 617 thousand USD as price momentum slowed, excess supply emerged in certain niches, and labor strikes in the metal sector affected production.

A sharp production increase lifted the market to 56 332 thousand USD in 2023, even amid weak industrial demand in key European markets and capacity reductions including blast furnace closures in parts of the European steel industry. By 2024, the market declined to 47 933 thousand USD under a continuing negative trend in steel demand.

Production iron or steel woven wire cloth in Spain

In value, 2017-2020, K $ US

Spain's iron or steel woven wire cloth production value declined after two years of growth. In 2020, output was valued at 52 088 K $ US, marking a 4.4% decrease from the previous year. Over the 2017-2020 period, production increased by 82.3%, with a compound annual growth rate of 22.2%. The peak value was recorded in 2019 at 54 468 K $ US, which also saw the largest annual increase of 63.1%.

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

In kind, 2017-2020, t

Spain's iron or steel woven wire cloth production volume increased for the third consecutive year. In 2020, 48 045 tonnes were produced, reflecting a strong 13.5% uptick compared to the previous year. Between 2017 and 2020, production surged by 409.4%, equating to an annualized growth rate of 72.1%.

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

Exports iron or steel woven wire cloth from Spain

Exports in kind, t

After two years of gains, Spain's iron or steel woven wire cloth exports declined. In 2020, exports totaled 3 984 tonnes, down 6.0% from the previous year. Between 2017 and 2020, exports increased by 44.8%, with an annualized rate of 13.1%. The peak was recorded in 2019 at 4 238 tonnes, which also saw the largest annual increase of 33.3%.

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

From 2017 to 2020, Portugal, the United Kingdom, and France formed the core of Spain's exports in kind. Portugal accounted for 26.6% of exports, the United Kingdom for 20.8%, and France for 19.8%, together representing 67.2% of total flows.

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, K $ US

After two years of gains, iron or steel woven wire cloth exports from Spain declined. In 2020, exports totaled 12 075 K $ US, showing a slight reduction of 0.6% from 2019. Between 2017 and 2020, exports increased by 54.9%, with an annualized growth rate of 15.7%. The maximum value was recorded in 2019 at 12 146 K $ US, which also saw the largest annual increase of 25.5%.

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

The structure of Spain's exports in value terms from 2017 to 2020 indicates a diversified set of partners. The United Kingdom accounted for 17.3% of exports, France for 14.3%, and Portugal for 13.8%, jointly representing 45.4% of total flows. The remaining 54.6% was distributed among numerous smaller markets.

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 woven wire cloth to Spain

Imports in kind, t

Iron or steel woven wire cloth imports into Spain increased for the second consecutive year. In 2020, imports totaled 5 099 tonnes, up 15.5% compared to 2019. The lowest value was recorded in 2018 at 3 695 tonnes, which saw the largest annual decline of 28.1%. The largest increase occurred in 2019 at 19.4%.

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

From 2017 to 2020, Portugal, China, and Italy consistently remained the main sources for Spain's imports in kind. Portugal accounted for 28.3% of imports, China for 27.4%, and Italy for 17.2%, together representing 72.9% 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, K $ US

After two years of advance, iron or steel woven wire cloth import volumes into Spain declined. In 2020, imports amounted to 17 002 K $ US, showing a 4.6% decrease compared to 2019. The peak value was recorded in 2019 at 17 813 K $ US. The largest annual increase occurred in 2018 at 4.9%.

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

Throughout 2017 to 2020, Italy, China, and Germany remained the key directions for Spain's imports in value terms. Italy accounted for 24.6% of imports, China for 22.6%, and Germany for 19.5%, together taking 66.8% 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