Stainless steel sinks and wash basins market in Spain

Earlier Report Observations

The market for stainless steel sinks and wash basins in Spain showed considerable volatility from 2018 to 2024. The market size fell from 37.8 million US dollars in 2018 to a low of 32.1 million in 2020. A sharp recovery followed, driving the market to a peak of 49.7 million by 2022, before it contracted again to 38.7 million in 2024.

Domestic production followed a similar pattern, declining from 41.6 million dollars in 2018 to 38.3 million in 2020, then rising to 50.9 million in 2022 before dropping to 36.8 million in 2024. Variations in import and export volumes contributed to the changing supply available on the domestic market throughout this period.

Production stainless sinks and wash basins in Spain

In value, 2017-2020, K $ US

Spain's production of stainless steel sinks and wash basins declined for the second consecutive year. In 2020, output was valued at 38 268 thousand US dollars, down 3.0% from the previous year. Between 2017 and 2020, production fell by 5.1%, equivalent to an annualized decline of 1.7%. The highest production value was recorded in 2018 at 41 633 thousand US dollars. The largest annual decrease occurred in 2019 with a 5.3% drop, while the largest increase was in 2018 with a 3.2% rise.

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

Exports stainless sinks and wash basins from Spain

Exports in kind, t

In 2020, Spain's exports of stainless steel sinks and wash basins totaled 1 676 tonnes, marking a significant contraction of 17.7% compared to 2019. Over the 2017-2020 period, exports decreased by 18.1%, with a compound annual growth rate of -6.4%. The largest annual increase was recorded in 2019 at 5.4%.

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

From 2017 to 2020, Spain's exports of stainless steel sinks and wash basins were distributed across numerous partner countries. France accounted for 13.7% of exports in kind, Portugal for 12.1%, and Mexico for 9.5%. Together, these three countries represented just 35.2% of total export 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

Spain's exports of stainless steel sinks and wash basins declined for the second consecutive year. In 2020, export value reached 22 694 thousand US dollars, reflecting a moderate year-over-year decrease of 3.7%. The highest export value was recorded in 2018 at 23 789 thousand US dollars, which also saw the largest annual increase at 3.8%.

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

Between 2017 and 2020, no single market dominated Spain's exports of stainless steel sinks and wash basins in value terms. France accounted for 14.8% of export value, Portugal for 12.6%, and Mexico for 9.3%. Collectively, these three countries represented only 36.8% of total export value, with many smaller partners each holding modest individual shares.

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

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

Imports stainless sinks and wash basins to Spain

Imports in kind, t

After two years of growth, Spain's imports of stainless steel sinks and wash basins declined in 2020. Import volume totaled 1 676 tonnes, showing a sharp reduction of 32.7% from the previous year. Over the 2017-2020 period, imports decreased by 5.3%, with a compound annual growth rate of -1.8%. The highest import volume was recorded in 2019 at 2 003 tonnes, which also saw the largest annual increase at 27.3%.

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

From 2017 to 2020, China, Italy, and Greece consistently remained the main sources for Spain's imports of stainless steel sinks and wash basins in kind. China accounted for 23.0% of imports, Italy for 22.5%, and Greece for 15.3%. Together, these three countries represented 60.8% of total import 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

Following two years of growth, Spain's imports of stainless steel sinks and wash basins declined in 2020. Import value totaled 16 561 thousand US dollars, reflecting a decrease of 20.1% compared to 2019. Over the 2017-2020 period, imports fell by 7.9%, with a compound annual growth rate of -2.7%. The highest import value was recorded in 2019 at 20 718 thousand US dollars, while the largest annual increase occurred in 2018 at 10.9%.

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

Between 2017 and 2020, Germany, Italy, and China were the main sources in the geographical breakdown of Spain's imports of stainless steel sinks and wash basins in value terms. Germany accounted for 28.1% of import value, Italy for 23.3%, and China for 14.8%. Collectively, these three countries represented 66.2% of total import flows.

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

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