Spain - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Driving and Non-Driving Axle in Spain - 2023
Contents:
- Price for Driving and Non-Driving Axle in Spain (CIF) - 2023
- Price for Driving and Non-Driving Axle in Spain (FOB) - 2023
- Imports of Driving and Non-Driving Axle in Spain
- Exports of Driving and Non-Driving Axle in Spain
Price for Driving and Non-Driving Axle in Spain (CIF) - 2023
The average driving and non-driving axle import price stood at $7,294 per ton in August 2023, with an increase of 6% against the previous month. In general, import price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, driving and non-driving axle import price decreased by -29.9% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 an increase of 78% against the previous month. As a result, import price reached the peak level of $10,399 per ton. From January 2023 to August 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 ($8,582 per ton), while the price for India ($2,991 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Driving and Non-Driving Axle in Spain (FOB) - 2023
The average driving and non-driving axle export price stood at $6,772 per ton in August 2023, increasing by 6% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 19% month-to-month. Over the period under review, the average export prices reached the peak figure in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($10,264 per ton), while the average price for exports to Belgium ($4,275 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Driving and Non-Driving Axle in Spain
In 2022, the amount of drive-axles with differential and non-driving axles imported into Spain fell modestly to 85K tons, dropping by -3% on the previous year. Overall, imports showed a abrupt slump.
In value terms, driving and non-driving axle imports reduced to $574M in 2022. Over the period under review, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
| Import of Driving and Non-Driving Axle in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 171 | 169 | 233 | 197 | 4.8% |
| Germany | 188 | 151 | 162 | 183 | -0.9% |
| South Korea | 28.1 | 36.0 | 41.5 | 49.0 | 20.4% |
| France | 75.2 | 61.1 | 41.0 | 44.3 | -16.2% |
| Slovakia | 17.5 | 11.2 | 10.2 | 24.2 | 11.4% |
| Poland | 43.8 | 39.0 | 28.5 | 21.2 | -21.5% |
| United States | 38.2 | 11.4 | 7.9 | 9.1 | -38.0% |
| India | 2.9 | 2.7 | 4.7 | 7.5 | 37.3% |
| Others | 45.8 | 38.9 | 62.4 | 39.2 | -5.1% |
| Total | 610 | 520 | 591 | 574 | -2.0% |
Top Suppliers of Driving and Non-Driving Axle to Spain in 2022:
- Germany (26.3K tons)
- Italy (23.5K tons)
- South Korea (13.0K tons)
- France (7.5K tons)
- Slovakia (3.5K tons)
- Poland (3.3K tons)
- India (2.1K tons)
- United States (0.6K tons)
Exports of Driving and Non-Driving Axle in Spain
In 2022, exports of drive-axles with differential and non-driving axles from Spain fell markedly to 61K tons, with a decrease of -21.8% on the year before. Overall, exports showed a mild contraction. The growth pace was the most rapid in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of 78K tons, and then declined rapidly in the following year.
In value terms, driving and non-driving axle exports reduced to $360M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $396M, and then reduced in the following year.
| Export of Driving and Non-Driving Axle in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 44.8 | 50.8 | 64.3 | 55.3 | 7.3% |
| United States | 31.2 | 21.1 | 51.0 | 53.0 | 19.3% |
| Germany | 16.7 | 16.9 | 30.6 | 44.3 | 38.4% |
| United Kingdom | 28.5 | 26.0 | 55.5 | 31.8 | 3.7% |
| Turkey | 31.8 | 19.5 | 21.7 | 26.3 | -6.1% |
| Italy | 35.3 | 29.7 | 29.0 | 23.0 | -13.3% |
| Austria | 17.1 | 18.1 | 20.9 | 22.1 | 8.9% |
| Portugal | 11.9 | 11.2 | 14.0 | 14.0 | 5.6% |
| Sweden | 8.6 | 7.3 | 12.3 | 13.7 | 16.8% |
| Belgium | 9.9 | 5.5 | 7.1 | 12.7 | 8.7% |
| Morocco | 37.3 | 30.9 | 15.6 | 11.8 | -31.9% |
| Mexico | 15.3 | 3.0 | 5.6 | 6.5 | -24.8% |
| Brazil | 0.3 | 0.6 | 1.2 | 4.0 | 137.1% |
| Others | 57.0 | 52.6 | 67.2 | 41.0 | -10.4% |
| Total | 346 | 293 | 396 | 360 | 1.3% |
Top Export Markets for Driving and Non-Driving Axle from Spain in 2022:
- United States (10.0K tons)
- Italy (6.4K tons)
- Germany (6.3K tons)
- France (5.3K tons)
- United Kingdom (5.0K tons)
- Turkey (4.9K tons)
- Belgium (4.1K tons)
- Austria (3.6K tons)
- Sweden (2.9K tons)
- Morocco (2.7K tons)
- Portugal (2.4K tons)
- Brazil (1.6K tons)
- Mexico (1.1K tons)
This report provides an in-depth analysis of the market for driving and non-driving axle 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 29323036 - Drive-axles with differential, non-driving axles and their parts
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- 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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