Plumbing fixtures of plastics market in Spain

Earlier Report Observations

The Spanish market for plastic plumbing fixtures experienced significant fluctuations between 2018 and 2024. After initial stability around 189 million USD in 2018 and 2019, market size contracted sharply to 144.4 million USD in 2020. A strong recovery followed in 2021, lifting the market to 193.2 million USD, before another decline in 2022.

The market then entered a phase of moderate growth, reaching 193.5 million USD in 2024. This expansion was driven by rising demand from residential and commercial construction projects, alongside a growing preference for plastic materials like PEX and CPVC due to their corrosion resistance, flexibility, and cost-effectiveness, which encouraged their use over traditional metals.

Production plumbing fixtures of plastics in Spain

In value, 2017-2020, M $ US

Spain's production of plastic plumbing fixtures declined after two years of growth. In 2020, output was valued at 241.7 million US dollars, marking a gradual 3.1% decrease from the previous year. Production peaked in 2019 at 249.4 million US dollars, with the largest annual increase occurring in 2018 at 21.9%. Overall, between 2017 and 2020, production rose by 24.3%, equivalent to an annualized growth rate of 7.5%.

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

Exports plumbing fixtures of plastics from Spain

Exports in kind, t

Spain's exports of plastic plumbing fixtures increased for the third consecutive year. In 2020, export volume reached 36,483 tonnes, up 23.1% from the previous year. From 2017 to 2020, exports grew by 65.5%, translating to an annualized rate of 18.3%.

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

From 2017 to 2020, France, Italy, and Portugal were the main buyers of Spain's plastic plumbing fixtures by volume. France accounted for 53.4% of exports, Italy for 15.8%, and Portugal for 8.4%. Together, these three countries comprised 77.7% of Spain's total export volume.

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

Spain's exports of plastic plumbing fixtures in value terms increased for the third year in a row. In 2020, exports totaled 162.8 million US dollars, reflecting a 15.8% rise from the previous year. Over the 2017-2020 period, exports grew by 42.1%, with a compound annual growth rate of 12.4%.

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

Between 2017 and 2020, France, Italy, and Portugal were the primary destinations for Spain's plastic plumbing fixtures by value. France represented 45.7% of export value, Italy 13.5%, and Portugal 11.0%. Combined, these three countries accounted for 70.2% of Spain's total export value.

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

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

Imports plumbing fixtures of plastics to Spain

Imports in kind, t

Spain's imports of plastic plumbing fixtures declined after two years of growth. In 2020, import volume stood at 13,932 tonnes, showing a 19.3% year-on-year decrease. Imports peaked in 2019 at 17,257 tonnes, with the largest annual increase recorded in 2018 at 13.7%. Overall, from 2017 to 2020, imports fell by 3.2%, equivalent to an annualized decline of 1.1%.

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

From 2017 to 2020, Portugal, China, and Germany were the main sources of Spain's plastic plumbing fixtures by volume. Portugal accounted for 24.1% of imports, China for 23.7%, and Germany for 14.8%. Together, these three countries made up 62.7% of Spain's total import volume.

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 imports of plastic plumbing fixtures in value terms declined for the second consecutive year. In 2020, imports reached 65.5 million US dollars, indicating a sharp 18.1% year-on-year drop. Imports peaked in 2018 at 80.2 million US dollars, with the largest annual increase also occurring in 2018 at 16.3%. Overall, between 2017 and 2020, imports decreased by 5.0%, equivalent to an annualized decline of 1.7%.

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

Between 2017 and 2020, China, Germany, and Portugal were the key partners for Spain's plastic plumbing fixtures by import value. China represented 22.5% of import value, Germany 20.9%, and Portugal 15.3%. Combined, these three countries accounted for 58.7% of Spain's total import value.

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

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