Spain - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Spain - 2023
Contents:
- Thermostat Price in Spain (CIF) - 2022
- Thermostat Price in Spain (FOB) - 2022
- Thermostat Imports in Spain
- Thermostat Exports in Spain
Thermostat Price in Spain (CIF) - 2022
In 2022, the average thermostat import price amounted to $6.8 per unit, remaining stable against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 11%. Over the period under review, average import prices hit record highs at $7.8 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($11 per unit), while the price for Turkey ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Price in Spain (FOB) - 2022
The average thermostat export price stood at $4.3 per unit in 2022, with a decrease of -20.8% against the previous year. Overall, the export price continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 an increase of 39%. As a result, the export price attained the peak level of $8.2 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($32 per unit), while the average price for exports to Bulgaria ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Spain
For the fourth year in a row, Spain recorded growth in supplies from abroad of thermostats, which increased by 12% to 11M units in 2022. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, thermostat imports expanded sharply to $76M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Thermostat in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.5 | 11.3 | 15.2 | 19.0 | 15.0% |
| Germany | 13.5 | 16.8 | 14.4 | 14.9 | 3.3% |
| China | 9.1 | 7.5 | 8.4 | 14.1 | 15.7% |
| France | 8.4 | 7.3 | 9.7 | 10.3 | 7.0% |
| Netherlands | 0.9 | 2.5 | 3.3 | 2.9 | 47.7% |
| Turkey | 0.9 | 1.3 | 1.5 | 1.7 | 23.6% |
| United States | 1.0 | 0.6 | 0.7 | 0.9 | -3.5% |
| Czech Republic | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
| Hong Kong SAR | 0.8 | 0.8 | 0.4 | 0.2 | -37.0% |
| Others | 12.0 | 7.1 | 14.2 | 11.3 | -2.0% |
| Total | 59.8 | 55.6 | 68.2 | 75.8 | 8.2% |
Top Suppliers of Thermostat to Spain in 2022:
- China (3.1M units)
- Germany (2.3M units)
- Italy (1.9M units)
- Turkey (1.0M units)
- France (0.9M units)
- Netherlands (0.5M units)
- United States (0.3M units)
- Czech Republic (0.2M units)
- Hong Kong SAR (0.1M units)
Thermostat Exports in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of thermostats, which increased by 24% to 13M units in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, thermostat exports fell to $56M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports attained the peak of $57M, and then fell modestly in the following year.
| Export of Thermostat in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.4 | 8.9 | 8.2 | 13.7 | 17.7% |
| Italy | 3.2 | 3.3 | 5.4 | 6.4 | 26.0% |
| France | 3.4 | 5.6 | 10.4 | 6.3 | 22.8% |
| Portugal | 2.9 | 2.8 | 3.6 | 4.6 | 16.6% |
| Poland | 3.1 | 3.0 | 4.0 | 2.7 | -4.5% |
| Egypt | 0.9 | 1.4 | 2.2 | 1.5 | 18.6% |
| China | 1.3 | 1.6 | 2.2 | 1.4 | 2.5% |
| Belarus | 1.8 | 1.4 | 2.2 | 0.7 | -27.0% |
| Bulgaria | 0.4 | 0.6 | 0.5 | 0.6 | 14.5% |
| Austria | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| Others | 14.1 | 14.9 | 18.2 | 18.0 | 8.5% |
| Total | 40.1 | 44.1 | 57.3 | 56.3 | 12.0% |
Top Export Markets for Thermostat from Spain in 2022:
- Mexico (8.9M units)
- Italy (0.7M units)
- Bulgaria (0.6M units)
- Poland (0.4M units)
- China (0.4M units)
- Austria (0.3M units)
- Portugal (0.2M units)
- Egypt (0.2M units)
- France (0.2M units)
- Belarus (0.1M units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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
-
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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Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
693
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
160
Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
868
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
693
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
