Spain - Steering Wheels, Steering Columns And Steering Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Steering Wheels and Columns in Spain - 2023
Contents:
- Price for Steering Wheels and Columns in Spain (CIF) - 2023
- Price for Steering Wheels and Columns in Spain (FOB) - 2023
- Imports of Steering Wheels and Columns in Spain
- Exports of Steering Wheels and Columns in Spain
Price for Steering Wheels and Columns in Spain (CIF) - 2023
In August 2023, the average steering wheels and columns import price amounted to $16,452 per ton, which is down by -3.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 30% month-to-month. The import price peaked at $17,610 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($22,811 per ton), while the price for China ($4,204 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 the Czech Republic (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steering Wheels and Columns in Spain (FOB) - 2023
The average steering wheels and columns export price stood at $10,512 per ton in August 2023, which is down by -11.1% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 16% m-o-m. The export price peaked at $12,467 per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Portugal ($25,884 per ton), while the average price for exports to Poland ($5,118 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 Slovakia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steering Wheels and Columns in Spain
After two years of decline, overseas purchases of steering wheels, steering columns and steering boxes increased by 0.1% to 40K tons in 2022. Overall, imports, however, saw a deep slump.
In value terms, steering wheels and columns imports amounted to $622M in 2022. Over the period under review, imports, however, saw a deep contraction.
| Import of Steering Wheels and Columns in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 47.5 | 103 | 133 | 155 | 48.3% |
| Germany | 159 | 119 | 129 | 103 | -13.5% |
| France | 256 | 170 | 130 | 99.0 | -27.1% |
| Poland | 122 | 59.1 | 48.2 | 79.1 | -13.4% |
| Hungary | 11.4 | 40.9 | 29.4 | 47.1 | 60.5% |
| Tunisia | N/A | N/A | N/A | 42.6 | 0% |
| Italy | 30.3 | 26.8 | 29.8 | 21.0 | -11.5% |
| China | 12.1 | 6.0 | 10.2 | 10.3 | -5.2% |
| Czech Republic | 13.3 | 9.7 | 10.3 | 5.2 | -26.9% |
| South Korea | 14.8 | 4.1 | 3.4 | 3.9 | -35.9% |
| Others | 119 | 65.2 | 58.9 | 55.7 | -22.4% |
| Total | 785 | 605 | 583 | 622 | -7.5% |
Top Suppliers of Steering Wheels and Columns to Spain in 2022:
- Morocco (8.5K tons)
- France (7.5K tons)
- Poland (6.5K tons)
- Germany (5.1K tons)
- Hungary (2.4K tons)
- China (2.2K tons)
- Italy (2.0K tons)
- Tunisia (1.8K tons)
- Czech Republic (0.7K tons)
- South Korea (0.3K tons)
Exports of Steering Wheels and Columns in Spain
In 2022, approx. 19K tons of steering wheels, steering columns and steering boxes were exported from Spain; with a decrease of -26.7% against the previous year. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year.
In value terms, steering wheels and columns exports shrank to $186M in 2022. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year.
| Export of Steering Wheels and Columns in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 29.2 | 21.1 | 30.7 | 30.5 | 1.5% |
| France | 22.3 | 21.1 | 32.1 | 20.2 | -3.2% |
| Germany | 29.1 | 15.6 | 24.8 | 19.1 | -13.1% |
| Italy | 39.8 | 34.9 | 29.6 | 15.5 | -27.0% |
| Poland | 12.1 | 7.5 | 9.8 | 13.3 | 3.2% |
| Austria | 15.0 | 12.3 | 17.8 | 13.1 | -4.4% |
| United Kingdom | 5.9 | 4.1 | 7.9 | 11.9 | 26.3% |
| Sweden | 8.2 | 5.7 | 8.9 | 8.7 | 2.0% |
| Morocco | 57.6 | 33.9 | 4.7 | 7.8 | -48.6% |
| Czech Republic | 9.2 | 5.8 | 7.5 | 5.2 | -17.3% |
| Slovakia | 2.0 | 0.6 | 1.3 | 4.2 | 28.1% |
| Belgium | 3.1 | 2.5 | 3.2 | 4.0 | 8.9% |
| Others | 21.4 | 15.4 | 33.6 | 32.8 | 15.3% |
| Total | 255 | 181 | 212 | 186 | -10.0% |
Top Export Markets for Steering Wheels and Columns from Spain in 2022:
- Netherlands (3.4K tons)
- Poland (2.8K tons)
- France (2.1K tons)
- Italy (1.6K tons)
- Germany (1.6K tons)
- Austria (1.4K tons)
- United Kingdom (1.2K tons)
- Sweden (0.9K tons)
- Morocco (0.7K tons)
- Slovakia (0.6K tons)
- Belgium (0.5K tons)
- Czech Republic (0.4K tons)
This report provides an in-depth analysis of the market for steering wheels and columns 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 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
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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