Spain: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Spain

After ten years of growth, the Spanish hydraulic automatic regulators market decreased by X% to $X in 2022. In general, consumption continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then declined in the following year.

Hydraulic Automatic Regulators Production in Spain

In value terms, hydraulic automatic regulators production fell to $X in 2022 estimated in export price. In general, the total production indicated a noticeable 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Hydraulic Automatic Regulators Exports

Exports from Spain

In 2022, approx. X units of hydraulic or pneumatic automatic regulating instruments were exported from Spain; jumping by X% on 2021 figures. In general, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydraulic automatic regulators exports surged to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for hydraulic automatic regulators exports from Spain, with a X% share of total exports. Moreover, hydraulic automatic regulators exports to Saudi Arabia exceeded the volume sent to the second major destination, Portugal (X units), twofold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and France (X% per year).

In value terms, Portugal ($X) remains the key foreign market for hydraulic or pneumatic automatic regulating instruments exports from Spain, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and France (X% per year).

Export Prices by Country

The average hydraulic automatic regulators export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Saudi Arabia ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Hydraulic Automatic Regulators Imports

Imports into Spain

For the eleventh year in a row, Spain recorded growth in overseas purchases of hydraulic or pneumatic automatic regulating instruments, which increased by X% to X units in 2022. In general, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydraulic automatic regulators imports declined modestly to $X in 2022. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and China (X units) were the main suppliers of hydraulic automatic regulators imports to Spain, together comprising X% of total imports.

From 2020 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest hydraulic automatic regulators suppliers to Spain were France ($X), Germany ($X) and China ($X), together comprising X% of total imports.

Among the main suppliers, Germany, 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 a decline.

Import Prices by Country

The average hydraulic automatic regulators import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

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 China ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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