The market is dominated by domestic suppliers, as imports account for 3.2% of total market size in 2023. B2B drives market demand, with B2B spending representing 95.1% of total demand in 2023. Spain has the seventh largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD9.7 billion in 2023. Hiansa Panel SA is the largest company in Spain, generating 0.6% of the industry’s total production value in 2023. The industry is fragmented, with the top one company generating 0.6% of total production value in 2023. The total number of companies decreases in 2023, to 6,170 units. The costs of the industry increase by 11.1% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 11.4% of production value in 2023, the 15th highest regionally. With production value of USD8.6 billion, Spain accounts for 4.7% of the Western Europe total in 2023.
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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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