Spain's aluminium scrap import to grow 7.6% YoY valued at US$0.19 bln in 2017

Spain is home to Europe's largest machinery scrapyard. Some of the industry's biggest aluminium scrap dealers and recyclers also have their facilities located here in the Iberian Peninsula country. According to a recent report, secondary metal production in Spain will grow at an estimated CAGR of 4 per cent over 2013-2018, fuelled by stricter environmental policies and growing demand for the metal. The annual turnover, however, will witness a negative growth of 2 per cent over the forecast period, weighed down by lower domestic as well as global demand. The import of aluminium scrap by Spain clearly shows a year-on-year decline since 2015.

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Spain imported a total volume of 205525.20 tonnes of aluminium scrap in 2015, which came down by 7.63 per cent to total at 189826.55 tonnes in 2016. In 2017 till October, the European country is estimated to purchase 169570.97 tonnes of aluminium scrap from the international market, again up 7.6 per cent from the corresponding period previous year.

Value-wise too, aluminium scrap import by Spain has witnessed a YoY decline over the last three years. In 2015, the European nation purchased aluminium scrap worth US$0.28 billion from the international market. In 2016, the value slumped by 20.32 per cent to stand at US$0.22 billion. In 2017 till October, Spain's total aluminium scrap import is estimated to be valued at US$0.19 billion, up 4.6 per cent from the same period previous year.

In the past year, Spain imported maximum volume of aluminium scrap from France (83583.42 tonnes), Cuba (5192.49 tonnes), Germany (21862.94 tonnes), Chile (1174.69 tonnes), Ecuador (1039.49 tonnes), Columbia (984.12 tonnes), and Brazil (569.01 tonnes).

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Spain exported 131134.77 tonnes of aluminium scrap valued at US$0.32 billion in 2016, 16.6 per cent up from 114404.47 tonnes valued at US$0.25 billion in 2015. The top aluminium scrap companies in the country includes Akros Danieli Henschel, BEFESA, IMABE IBERICA S.A, Biurrarena, Lyrsa Group, TOMRA Sorting (TITECH), ZB Group, Hahnemühle FineArt GmbH, MRT System International AB, HSM GmbH + Co. KG, UNTHA Shredding Technology, Presona AB, and AMETEK Land.