The market is dominated by domestic suppliers, as imports account for 3.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 93.0% of total demand in 2022. Spain has the seventh largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD7.3 billion in 2022. Hiansa Panel SA is the largest company in Spain, generating 0.6% of the industry’s total production value in 2022. The industry is fragmented, with the top one company generating 0.6% of total production value in 2022. The total number of companies increases in 2022, to 6,669 units. The costs of the industry decrease by 7.3% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 9.5% of production value in 2022, the 20th highest regionally. With production value of USD6.4 billion, Spain accounts for 3.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Spain: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in Spain: ISIC 2892 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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