Spain: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Spain

In 2022, after two years of growth, there was significant decline in the Spanish special vehicle body market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded a resilient increase. Special vehicle body consumption peaked at $X in 2021, and then reduced markedly in the following year.

Special Vehicle Body Production in Spain

In value terms, special vehicle body production expanded remarkably to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Special vehicle body production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Special Vehicle Body Exports

Exports from Spain

In 2022, the amount of bodies for special purpose motor vehicles exported from Spain soared to X units, surging by X% compared with the previous year. In general, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, special vehicle body exports skyrocketed to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Israel (X units) was the main destination for special vehicle body exports from Spain, accounting for a X% share of total exports. Moreover, special vehicle body exports to Israel exceeded the volume sent to the second major destination, France (X units), fourfold. Sweden (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Sweden (X% per year).

In value terms, the largest markets for special vehicle body exported from Spain were France ($X), Israel ($X) and the UK ($X), together comprising X% of total exports. Sweden, the Netherlands, Portugal, Belgium, Italy, Andorra, Morocco, the United States, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average special vehicle body export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 UK ($X per unit), while the average price for exports to Taiwan (Chinese) ($X 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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Special Vehicle Body Imports

Imports into Spain

In 2022, the amount of bodies for special purpose motor vehicles imported into Spain skyrocketed to X units, growing by X% on the year before. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, special vehicle body imports skyrocketed to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X units), China (X units) and Italy (X units) were the main suppliers of special vehicle body imports to Spain, with a combined X% share of total imports. The United States, Germany, Mexico and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest special vehicle body suppliers to Spain were France ($X), Italy ($X) and China ($X), together comprising X% of total imports. Germany, Portugal, the United States and Mexico lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price, however, continues to indicate a slight increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a 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 Portugal ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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