The market is dominated by foreign suppliers, as imports account for 70.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Spain has the third largest market size for mining of metal ores regionally, with demand reaching USD8.4 billion in 2022. Lundin Mining Corp is the largest company in Spain, generating 18.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 50.3% of total production value in 2022. The total number of companies increases in 2022, to 68 units. The costs of the industry decrease by 7.7% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 25.7% of production value in 2022, the eighth highest regionally. The industry’s exports share increases in 2022 to 20.2% of total production output. With production value of USD1.4 billion, Spain accounts for 9.5% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Metal Ores in Spain: ISIC 13. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Metal Ores in Spain: ISIC 13 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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