Spain - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCranks and Crankshafts Price in Spain - 2023
Contents:
- Cranks and Crankshafts Price in Spain (FOB) - 2022
- Cranks and Crankshafts Price in Spain (CIF) - 2023
- Cranks and Crankshafts Exports in Spain
- Cranks and Crankshafts Imports in Spain
Cranks and Crankshafts Price in Spain (FOB) - 2022
The average cranks and crankshafts export price stood at $3,978 per ton in 2022, with a decrease of -4.8% against the previous year. In general, the export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. The export price peaked at $4,915 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($13,007 per ton), while the average price for exports to Hungary ($2,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cranks and Crankshafts Price in Spain (CIF) - 2023
The average cranks and crankshafts import price stood at $5,477 per ton in June 2023, declining by -16.2% against the previous month. In general, the import price recorded a mild descent. The growth pace was the most rapid in November 2022 when the average import price increased by 49% against the previous month. As a result, import price reached the peak level of $8,543 per ton. From December 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,452 per ton), while the price for China ($2,937 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Cranks and Crankshafts Exports in Spain
Cranks and crankshafts exports from Spain stood at 65K tons in 2022, surging by 13% on 2021 figures. Overall, exports, however, showed a pronounced contraction.
In value terms, cranks and crankshafts exports rose notably to $258M in 2022. Over the period under review, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
Export of Cranks and Crankshafts in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 54.5 | 34.8 | 57.6 | 57.3 | 1.7% |
United States | 73.0 | 56.6 | 57.9 | 48.9 | -12.5% |
Germany | 46.9 | 23.3 | 26.4 | 32.3 | -11.7% |
Poland | 6.5 | 8.7 | 7.7 | 13.6 | 27.9% |
Italy | 12.4 | 8.6 | 12.6 | 10.7 | -4.8% |
Slovakia | 3.9 | 4.5 | 7.5 | 10.6 | 39.6% |
France | 13.4 | 8.3 | 8.5 | 10.5 | -7.8% |
Mexico | 2.2 | 1.9 | 1.8 | 7.4 | 49.8% |
Hungary | 13.5 | 4.6 | 5.0 | 7.2 | -18.9% |
Turkey | 16.0 | 9.3 | 2.9 | 3.9 | -37.5% |
Austria | 6.9 | 2.6 | 2.3 | 1.2 | -44.2% |
Others | 46.0 | 38.4 | 48.9 | 54.8 | 6.0% |
Total | 295 | 202 | 239 | 258 | -4.4% |
Top Export Markets for Cranks and Crankshafts from Spain in 2022:
- United Kingdom (17.3K tons)
- Germany (11.0K tons)
- United States (8.7K tons)
- Poland (6.0K tons)
- Slovakia (4.0K tons)
- France (3.6K tons)
- Hungary (3.3K tons)
- Mexico (3.1K tons)
- Italy (1.6K tons)
- Turkey (0.7K tons)
- Austria (0.4K tons)
Cranks and Crankshafts Imports in Spain
In 2022, the amount of cranks and crankshafts imported into Spain contracted to 26K tons, falling by -3.2% compared with the previous year's figure. Over the period under review, imports recorded a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year.
In value terms, cranks and crankshafts imports rose to $146M in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Cranks and Crankshafts in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.3 | 19.3 | 35.1 | 30.4 | 23.1% |
Germany | 29.5 | 25.7 | 27.8 | 26.3 | -3.8% |
United Kingdom | 3.6 | 2.5 | 23.6 | 19.6 | 75.9% |
India | 13.9 | 12.5 | 17.8 | 16.6 | 6.1% |
United States | 8.7 | 3.4 | 7.6 | 15.8 | 22.0% |
Japan | 6.0 | 6.8 | 7.2 | 11.9 | 25.6% |
Italy | 6.5 | 5.9 | 6.4 | 5.7 | -4.3% |
Brazil | 4.5 | 2.4 | 2.8 | 4.0 | -3.9% |
Turkey | 13.4 | 2.5 | 2.3 | 3.6 | -35.5% |
Czech Republic | 10.6 | 2.4 | 0.2 | 0.1 | -78.9% |
Others | 14.0 | 11.6 | 12.8 | 12.2 | -4.5% |
Total | 127 | 94.7 | 144 | 146 | 4.8% |
Top Suppliers of Cranks and Crankshafts to Spain in 2022:
- Czech Republic (undefinedK tons)
- China (9.6K tons)
- Germany (4.4K tons)
- United States (3.8K tons)
- India (3.3K tons)
- Brazil (1.5K tons)
- Turkey (0.6K tons)
- Japan (0.6K tons)
- Italy (0.5K tons)
- United Kingdom (0.2K tons)
This report provides an in-depth analysis of the cranks and crankshafts market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28152230 - Cranks and crankshafts
- Prodcom 28152250 - Cardan shafts
- Prodcom 28152270 - Other shafts
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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