Pumps; Parts Thereof Price in Spain - 2023

Contents:

  1. Pumps; Parts Thereof Price in Spain (CIF) - 2022
  2. Pumps; Parts Thereof Price in Spain (FOB) - 2022
  3. Pumps; Parts Thereof Imports in Spain
  4. Pumps; Parts Thereof Exports in Spain

Pumps; Parts Thereof Price in Spain (CIF) - 2022

The average pumps; parts thereof import price stood at $11,469 per ton in 2022, falling by -7.2% against the previous year. In general, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2019 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum at $18,957 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($45,473 per ton), while the price for France ($3,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Pumps; Parts Thereof Price in Spain (FOB) - 2022

The average pumps; parts thereof export price stood at $27,495 per ton in 2022, waning by -1.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the maximum at $29,002 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 the United States ($46,374 per ton), while the average price for exports to France ($16,245 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 the United States (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps; Parts Thereof Imports in Spain

After three years of growth, overseas purchases of pumps; parts thereoves decreased by -0.4% to 21K tons in 2022. The total import volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 20%.

In value terms, pumps; parts thereof imports contracted to $241M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $260M, and then contracted in the following year.

Import of Pumps; Parts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy40.834.848.043.52.2%
Germany40.139.454.042.52.0%
China27.532.044.838.111.5%
France18.319.621.622.97.8%
United States13.515.515.316.16.0%
Netherlands12.714.910.111.5-3.3%
India9.411.712.211.57.0%
Belgium3.85.07.25.110.3%
South Korea1.41.71.71.40.0%
Others45.041.145.648.32.4%
Total2132162602414.2%

Top Suppliers of Pumps; Parts Thereof to Spain in 2022:

  1. France (6.7K tons)
  2. Italy (3.6K tons)
  3. China (3.6K tons)
  4. Germany (3.0K tons)
  5. India (1.1K tons)
  6. Netherlands (0.4K tons)
  7. United States (0.4K tons)
  8. Belgium (0.3K tons)
  9. South Korea (0.2K tons)

Pumps; Parts Thereof Exports in Spain

In 2022, pumps; parts thereof exports from Spain fell slightly to 6.6K tons, with a decrease of -4.8% on the previous year. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of 6.9K tons, and then reduced slightly in the following year.

In value terms, pumps; parts thereof exports dropped to $182M in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $194M, and then shrank in the following year.

Export of Pumps; Parts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic9.311.924.218.926.7%
Germany9.511.811.113.011.0%
France12.513.815.311.8-1.9%
Austria7.05.39.610.614.8%
Portugal7.69.910.59.37.0%
United Kingdom7.47.17.27.60.9%
Greece2.62.02.37.542.4%
United States4.86.26.97.315.0%
Italy5.67.36.37.07.7%
Algeria11.85.26.56.8-16.8%
Netherlands3.43.25.34.59.8%
Cuba6.35.54.04.0-14.1%
Morocco2.63.13.83.49.4%
Others74.569.281.170.0-2.1%
Total1651611941823.3%

Top Export Markets for Pumps; Parts Thereof from Spain in 2022:

  1. Czech Republic (818.4 tons)
  2. Germany (754.8 tons)
  3. France (727.9 tons)
  4. Austria (580.7 tons)
  5. United Kingdom (356.4 tons)
  6. Algeria (290.9 tons)
  7. Portugal (235.4 tons)
  8. Greece (228.1 tons)
  9. Italy (225.8 tons)
  10. United States (157.8 tons)
  11. Cuba (119.1 tons)
  12. Morocco (109.4 tons)
  13. Netherlands (108.7 tons)

Source: IndexBox Market Intelligence Platform

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