Spain: fall in tile exports during first nine months of 2003
The third quarter of the year saw a smaller downturn than the first two quarters (-6% compared to -8.4% in the first quarter and -8.3% in the second).
The European Union remains the main destination area, absorbing 41.5% of total exports. The top markets are France (+6.3%), the UK (+0.2%) and Portugal (in spite of the 15.9% downturn). Germany is showing a recovery with a 3.7% increase in sales. Overall, the downturn in the EU was limited to -1.4% and was compensated by the good performance of exports to Eastern European countries (+5.3%). Russia in particular showed a 7% increase and has further potential for expansion.
In the Americas, the Spanish producers have experienced some difficulties both in North America (-15.8% in the United States, overall the largest foreign market) and in South America (-29%). The same applies to Asia (-17%) and the Middle East (-20%). Exports to Africa also performed strongly (+7.7%).
The in-focus section contains tables on:
Spanish tile exports by value (January-September 2003) in millions of euro
The top 10 export markets for Spanish tiles (January-September 2003)
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