Spain - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Gearboxes and Speed Changers in Spain - 2023
Contents:
- Price for Gearboxes and Speed Changers in Spain (FOB) - 2023
- Price for Gearboxes and Speed Changers in Spain (CIF) - 2022
- Exports of Gearboxes and Speed Changers in Spain
- Imports of Gearboxes and Speed Changers in Spain
Price for Gearboxes and Speed Changers in Spain (FOB) - 2023
The average gearboxes and speed changers export price stood at $16,056 per ton in June 2023, surging by 19% against the previous month. Overall, export price indicated a pronounced expansion from June 2022 to June 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 June 2023 figures, gearboxes and speed changers export price decreased by -0.4% against April 2023 indices. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 20% m-o-m. The export price peaked at $16,122 per ton in April 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($31,596 per ton), while the average price for exports to Turkey ($11,899 per ton) 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 China (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gearboxes and Speed Changers in Spain (CIF) - 2022
In 2022, the average gearboxes and speed changers import price amounted to $8,684 per ton, remaining stable against the previous year. Overall, the import price, however, recorded a mild decrease. The growth pace was the most rapid in 2016 when the average import price increased by 22% against the previous year. The import price peaked at $14,348 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($22,729 per ton), while the price for Denmark ($6,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gearboxes and Speed Changers in Spain
Gearboxes and speed changers exports from Spain reached 58K tons in 2022, growing by 15% against the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 36%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, gearboxes and speed changers exports expanded notably to $681M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +51.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Gearboxes and Speed Changers in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 199 | 189 | 245 | 246 | 7.3% |
| Brazil | 57.9 | 46.0 | 100 | 121 | 27.9% |
| Germany | 18.8 | 25.4 | 32.8 | 66.9 | 52.7% |
| Sweden | 13.7 | 9.6 | 33.7 | 39.4 | 42.2% |
| France | 18.7 | 22.8 | 23.9 | 37.2 | 25.8% |
| China | 23.8 | 8.7 | 12.4 | 19.6 | -6.3% |
| India | 7.1 | 5.4 | 3.8 | 12.7 | 21.4% |
| Portugal | 44.5 | 33.5 | 27.5 | 11.3 | -36.7% |
| Morocco | 1.5 | 1.5 | 25.0 | 10.7 | 92.5% |
| Mexico | 18.8 | 9.2 | 13.4 | 10.6 | -17.4% |
| Argentina | 1.9 | 2.4 | 4.2 | 8.3 | 63.5% |
| Greece | 1.9 | 4.4 | 1.7 | 7.0 | 54.4% |
| Belgium | 18.6 | 6.0 | 5.9 | 6.9 | -28.1% |
| Others | 82.6 | 84.7 | 85.2 | 83.0 | 0.2% |
| Total | 509 | 449 | 615 | 681 | 10.2% |
Top Export Markets for Gearboxes and Speed Changers from Spain in 2022:
- United States (17.7K tons)
- Brazil (13.0K tons)
- Germany (4.8K tons)
- Sweden (4.5K tons)
- France (2.4K tons)
- China (1.8K tons)
- Greece (1.4K tons)
- India (1.3K tons)
- Morocco (1.3K tons)
- Argentina (1.1K tons)
- Portugal (1.0K tons)
- Mexico (0.8K tons)
- Belgium (0.5K tons)
Imports of Gearboxes and Speed Changers in Spain
Gearboxes and speed changers imports into Spain expanded sharply to 42K tons in 2022, surging by 7% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 33%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, gearboxes and speed changers imports totaled $368M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Gearboxes and Speed Changers in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 94.6 | 60.0 | 147 | 116 | 7.0% |
| China | 60.6 | 68.4 | 57.0 | 102 | 19.0% |
| Italy | 57.8 | 48.5 | 59.6 | 63.1 | 3.0% |
| India | 6.7 | 8.4 | 16.3 | 14.3 | 28.8% |
| Denmark | 22.1 | 1.8 | 3.5 | 12.5 | -17.3% |
| France | 13.8 | 8.9 | 10.4 | 6.7 | -21.4% |
| Finland | 61.6 | 22.3 | 1.2 | 2.2 | -67.1% |
| Others | 41.8 | 34.3 | 44.2 | 50.9 | 6.8% |
| Total | 359 | 253 | 340 | 368 | 0.8% |
Top Suppliers of Gearboxes and Speed Changers to Spain in 2022:
- China (16.0K tons)
- Germany (10.8K tons)
- Italy (6.4K tons)
- Denmark (2.1K tons)
- India (2.0K tons)
- France (0.7K tons)
- Finland (0.1K tons)
This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
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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