Spain: Concrete Mixer Market 2024

Concrete Mixer Market Size in Spain

In 2021, the Spanish concrete mixer market decreased by -81.7% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption continues to indicate a deep slump. Concrete mixer consumption peaked at $X in 2020, and then declined significantly in the following year.

Concrete Mixer Production in Spain

In value terms, concrete mixer production contracted sharply to $X in 2021 estimated in export price. In general, production continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Concrete Mixer Exports

Exports from Spain

In 2021, concrete mixer exports from Spain skyrocketed to X units, with an increase of 24% on 2020 figures. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 36%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concrete mixer exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a pronounced curtailment. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Morocco (X units) was the main destination for concrete mixer exports from Spain, accounting for a 30% share of total exports. Moreover, concrete mixer exports to Morocco exceeded the volume sent to the second major destination, Egypt (X units), threefold. The third position in this ranking was held by France (X units), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to Morocco amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+24.0% per year) and France (-2.3% per year).

In value terms, the largest markets for concrete mixer exported from Spain were Morocco ($X), France ($X) and Egypt ($X), with a combined 32% share of total exports. These countries were followed by Chile, Cote d'Ivoire, the UK, Algeria, Togo, Belgium, Argentina, Guatemala, Senegal and Portugal, which together accounted for a further 41%.

Togo, with a CAGR of +67.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concrete mixer export price amounted to $X per unit, rising by 9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Spain

In 2021, after two years of decline, there was significant growth in overseas purchases of concrete or mortar mixers, when their volume increased by 24% to X units. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, concrete mixer imports surged to $X in 2021. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Portugal (X units), Italy (X units) and China (X units) were the main suppliers of concrete mixer imports to Spain, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +11.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Portugal ($X) and Germany ($X) were the largest concrete mixer suppliers to Spain, with a combined 89% share of total imports.

In terms of the main suppliers, Portugal, with a CAGR of +14.6%, recorded 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

In 2021, the average concrete mixer import price amounted to $X per unit, rising by 4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2019 an increase of 33%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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