Spain: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Spain

After two years of growth, the Spanish footwear making machinery market decreased by X% to $X in 2023. Over the period under review, consumption, however, saw significant growth. Footwear making machinery consumption peaked at $X in 2022, and then declined notably in the following year.

Footwear Making Machinery Production in Spain

In value terms, footwear making machinery production reduced sharply to $X in 2023 estimated in export price. In general, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then declined remarkably in the following year.

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Footwear Making Machinery Exports

Exports from Spain

In 2023, shipments abroad of machinery for making or repairing footwear increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to see steady growth in the near future.

In value terms, footwear making machinery exports soared to $X in 2023. Overall, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to continue growth in the immediate term.

Exports by Country

Peru (X units), Russia (X units) and Morocco (X units) were the main destinations of footwear making machinery exports from Spain, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for machinery for making or repairing footwear exports from Spain, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average footwear making machinery export price amounted to $X per unit, growing by X% against the previous year. Overall, export price indicated resilient growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, footwear making machinery export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Peru ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Making Machinery Imports

Imports into Spain

In 2023, supplies from abroad of machinery for making or repairing footwear increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, footwear making machinery imports surged to $X in 2023. Overall, imports saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Italy (X units) constituted the largest supplier of footwear making machinery to Spain, with a X% share of total imports. Moreover, footwear making machinery imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X units), sevenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and China (X% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing footwear to Spain, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average footwear making machinery import price amounted to $X per unit, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform