Report Update: May 1, 2024

Spain - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Mounting Lifting Equipment Price in Spain - 2023

Mounting Lifting Equipment Price in Spain (FOB) - 2023

The average mounting lifting equipment export price stood at $15,115 per unit in June 2023, with a decrease of -3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% against the previous month. The export price peaked at $15,583 per unit in May 2023, and then shrank modestly in the following month.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was South Korea ($22,090 per unit), while the average price for exports to Morocco ($1,042 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounting Lifting Equipment Price in Spain (CIF) - 2023

In June 2023, the average mounting lifting equipment import price amounted to $15,783 per unit, growing by 5.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in January 2023 an increase of 22% m-o-m. Over the period under review, average import prices attained the peak figure in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($21,291 per unit), while the price for Estonia ($7,041 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+263.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Mounting Lifting Equipment Exports in Spain

Mounting lifting equipment exports from Spain rose sharply to 2.6K units in 2022, surging by 9.1% compared with 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mounting lifting equipment exports skyrocketed to $137M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mounting Lifting Equipment in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	18.4	17.0	18.4	28.5	15.7%
France	8.5	10.9	16.7	16.8	25.5%
Netherlands	10.6	4.9	7.9	13.3	7.9%
Canada	7.2	4.6	4.1	11.1	15.5%
Sweden	3.4	4.2	4.3	7.5	30.2%
Chile	4.3	3.0	6.5	6.6	15.4%
Germany	5.1	3.2	3.2	6.6	9.0%
Peru	4.0	4.1	2.7	6.2	15.7%
Belgium	3.8	5.1	3.2	5.0	9.6%
Denmark	1.1	1.1	4.9	4.4	58.7%
Mexico	2.2	0.8	1.2	3.9	21.0%
Colombia	1.3	0.7	1.2	2.1	17.3%
United Arab Emirates	0.3	0.6	0.8	0.9	44.2%
Others	31.7	22.6	29.3	24.0	-8.9%
Total	102	82.9	104	137	10.3%

Top Export Markets for Mounting Lifting Equipment from Spain in 2022:

United States (516.0 units)
France (299.0 units)
Colombia (230.0 units)
Canada (204.0 units)
Netherlands (190.0 units)
Sweden (128.0 units)
Chile (122.0 units)
Germany (98.0 units)
Mexico (77.0 units)
Denmark (77.0 units)
United Arab Emirates (64.0 units)
Peru (63.0 units)
Belgium (56.0 units)

Mounting Lifting Equipment Imports in Spain

For the fourth year in a row, Spain recorded growth in overseas purchases of lifting equipment designed for mounting on road vehicles, which increased by 16% to 2.1K units in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, mounting lifting equipment imports skyrocketed to $83M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +89.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Mounting Lifting Equipment in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	27.2	17.9	30.7	37.6	11.4%
Italy	11.8	6.5	11.8	11.3	-1.4%
Slovakia	8.2	7.2	9.5	10.1	7.2%
Poland	4.5	3.4	5.2	6.8	14.8%
Denmark	1.0	1.2	2.2	3.4	50.4%
Germany	2.1	1.4	2.3	3.4	17.4%
France	2.6	1.9	2.1	2.6	0.0%
United Kingdom	0.3	0.1	N/A	2.4	100.0%
Finland	1.7	1.2	2.3	1.7	0.0%
Others	4.3	3.0	2.7	3.9	-3.2%
Total	63.7	43.9	68.7	83.1	9.3%

Top Suppliers of Mounting Lifting Equipment to Spain in 2022:

Austria (742.0 units)
Italy (478.0 units)
Poland (229.0 units)
Denmark (134.0 units)
France (129.0 units)
United Kingdom (102.0 units)
Germany (98.0 units)
Slovakia (72.0 units)
Finland (20.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023