Spain: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Spain

The Spanish metal cutting shear market contracted remarkably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a abrupt curtailment. Metal cutting shear consumption peaked at $X in 2021, and then dropped sharply in the following year.

Metal Cutting Shear Production in Spain

In value terms, metal cutting shear production expanded remarkably to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Metal Cutting Shear Exports

Exports from Spain

In 2022, overseas shipments of metal cutting shears and similar hand tools were finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal cutting shear exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of X% 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 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco (X tons), Italy (X tons) and Portugal (X tons) were the main destinations of metal cutting shear exports from Spain, together comprising X% of total exports. France, the United States, Poland, Chile, the United Arab Emirates, the Netherlands, Uruguay, Cuba, Germany and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal cutting shear exported from Spain were Morocco ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Uruguay, France, the United States, Portugal, Chile, Poland, the United Arab Emirates, Cuba, the Netherlands and Sweden lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, 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 metal cutting shear export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Uruguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into Spain

In 2022, the amount of metal cutting shears and similar hand tools imported into Spain dropped to X tons, falling by X% on 2021. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, metal cutting shear imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X tons), Belgium (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal cutting shear imports to Spain, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and China ($X) were the largest metal cutting shear suppliers to Spain, with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal cutting shear import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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