Spain: Market for Laptops and Palm-Top Computers 2023

Market Size for Laptops and Palm-Top Computers in Spain

In 2021, the Spanish laptop and tablet computer market decreased by -7.1% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.6% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Production of Laptops and Palm-Top Computers in Spain

In value terms, laptop and tablet computer production totaled $X in 2021 estimated in export price. In general, production recorded a perceptible contraction. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Spain

In 2021, shipments abroad of laptops and palm-top computers increased by 26% to X units, rising for the second year in a row after three years of decline. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 53%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, laptop and tablet computer exports surged to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.7% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 52%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Portugal (X units) was the main destination for laptop and tablet computer exports from Spain, with a 57% share of total exports. Moreover, laptop and tablet computer exports to Portugal exceeded the volume sent to the second major destination, Germany (X units), sixfold. The UK (X units) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.1% per year) and the UK (+8.2% per year).

In value terms, Portugal ($X) remains the key foreign market for laptops and palm-top computers exports from Spain, comprising 62% of total exports. The second position in the ranking was held by Germany ($X), with a 5.8% share of total exports. It was followed by France, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to Portugal amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.3% per year) and France (+11.5% per year).

Export Prices by Country

In 2021, the average laptop and tablet computer export price amounted to $X per unit, approximately reflecting the previous year. In general, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 56% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($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 Germany (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Spain

In 2021, overseas purchases of laptops and palm-top computers decreased by -17.5% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.1% against 2018 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of X units, and then declined markedly in the following year.

In value terms, laptop and tablet computer imports totaled $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 29%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest laptop and tablet computer supplier to Spain, accounting for a 40% share of total imports. Moreover, laptop and tablet computer imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Italy (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and Italy (+48.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of laptops and palm-top computers to Spain, comprising 48% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+47.2% per year) and Germany (+6.0% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, picking up by 23% against the previous year. In general, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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