Overview of the Construction and Mining Industry in Spain and How to Buy Equipment.
Spain
Spain is a European country sharing borders with Portugal, France, North Atlantic Ocean, Blearic Sea, and the Alboran Sea.
- Total Area: 505,990 km²
- Population: 46.94 million
- Capital: Madrid
- Language: Spanish
- Currency: Euro (€)
Economic Statistics of Spain
In 2019, Spain will have a Gross Domestic Product (GDP) and 1.393 trillion USD is projected to trend around 1380.00 USD Billion in 2022 and 1460.00 USD Billion in 2023.
Economic Sector Divide
Here are the shares of the economic sectors in the GDP
- Agriculture: 2.6%
- Industry: 23.2%
- Services: 74.2%
Trade Statistics
The major trading partners of the country are:
Main Import Partners
- Germany: 13%
- France: 11%
- China: 8%
- Italy: 7%
Main Export Partners
- France: 10.81%
- China: 8.44%
- Italy: 6.61%
- The United States: 4.12%
Industries of Spain
Mining Industry of Spain
Spain has abundant reserves of lead, uranium, tungsten, mercury, magnesite, fluorspar, gypsum, sepiolite, iron, nickel, crude oil, and natural gas. The country's significant mineral products include copper, zinc, gold, steel, coal, cement, and alumina.
Spain has one of Europe’s most diverse mining industries and produces most of the industrial minerals. The country has a skilled workforce, well-developed infrastructure, and fiscal policies, and legislative framework have encouraged foreign investment in its mineral industry.<./p>
The mining industry in Spain is valued at of EUR3.28 billion, approximately.
Revenue in Mining & Quarrying is projected to amount to USD 2,173m in 2021. An annual growth rate of 9.16% is expected (CAGR 2021-2024).
With a rapidly growing mining industry, the equipment market is highly profitable. Camamach brings you the best mining and mineral processing equipment at low rates to benefit from these opportunities.
Construction Industry of Spain
In 2019, this sector accounted for almost six percent of the nation’s GDP.
The pace with which building infrastructure is handled by the Spanish municipalities is a problem. A solution is being worked on. The idea is to hire private architectural firms. These architects will take the work off the Spanish councils’ construction departments. They would ensure faster processing of building applications.
The Spain Construction Market is estimated to grow at a CAGR of approximately 2.5% during the forecast period. The industry revenue of construction of buildings in the year 2018 has amounted to USD 83.7 billion with residential and non-residential building construction amounting to USD billion 52.12.
To get involved in the development projects, Camamach has the highest quality construction equipment for you.
Seaports and Trading Hubs of Spain
Spain is accessible via both land and sea. The main seaports are:
- Port of Algeciras
- Port of Valencia
- Port of Barcelona
- Port of Bilbao
- Port of Castellon
Camamach uses the port of Algeciras for imports.
What heavy machinery or equipment does Spain Import?
Some imports for the imported equipment include Bulldozers, Heavy Duty Trucks, Concrete Batching Plants, Backhoe Loaders, Grinding Equipment, etc.
What regulations are there on importing equipment to Spain?
Importers may apply for import licenses at the Register of Spain's Secretariat of Commerce or at any of its regional offices. A commercial invoice that includes freight and insurance, C.I.F. price, net and gross weight, and an invoice number must accompany the license application.
Import Documentation
The import documentation for shipments include:
- Identifying data of the parties involved in the process
- Data of the goods.
- Data about country or origin
- Commercial and financial information
- List of documents associated with SAD.
Why should the Spain import equipment?
- Availability - Unlike local suppliers, offshore vendors always have the necessary equipment in stock.
- High Equipment Cost- Domestic suppliers are generally more expensive than international ones.
- Equipment Quality- International suppliers assess each component and deliver the long-term advantages that clients seek.
Where Can I Buy Equipment for Spain?
Camamach has been exporting equipment in Spain for years. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation. We also ship worldwide; for other countries, check out our experience here.
