Spain: Clutch Market 2024

Clutch Market Size in Spain

In 2022, the Spanish clutch market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, faced a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Clutch Production in Spain

In value terms, clutch production expanded notably to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. Clutch production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Clutch Exports

Exports from Spain

Clutch exports from Spain fell to X tons in 2022, waning by -13.3% on 2021. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 25% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, clutch exports fell to $X in 2022. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +10.4% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by 46%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Portugal (X tons) and Germany (X tons) were the main destinations of clutch exports from Spain, with a combined 65% share of total exports. Hungary, Italy, Poland, the UK and the Netherlands lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +38.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for clutch exported from Spain were Portugal ($X), France ($X) and Germany ($X), together accounting for 65% of total exports. Italy, Poland, the Netherlands, the UK and Hungary lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Poland, with a CAGR of +38.3%, saw the highest rates of growth with regard to 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 clutch export price stood at $X per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 17%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Portugal ($X per ton), while the average price for exports to Hungary ($X 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 UK (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Clutch Imports

Imports into Spain

In 2022, purchases abroad of clutches decreased by -3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by 54%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, clutch imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest clutch supplier to Spain, with a 25% share of total imports. Moreover, clutch imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was taken by France (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+10.9% per year) and France (+8.4% per year).

In value terms, Germany ($X) constituted the largest supplier of clutches to Spain, comprising 34% of total imports. The second position in the ranking was taken by Hungary ($X), with a 13% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+8.6% per year) and France (+3.0% per year).

Import Prices by Country

The average clutch import price stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 60% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :