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Spain - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
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Spain: Internal Combustion Engines Market Overview 2021

Internal Combustion Engines Market Size in Spain

In 2020, the Spanish internal combustion engines market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in years to come.

Internal Combustion Engines Production in Spain

In value terms, internal combustion engines production skyrocketed to $X in 2020 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Internal Combustion Engines Exports

Exports from Spain

In 2020, shipments abroad of motor vehicles compression-ignition internal combustion piston engines decreased by -X% to X units, falling for the sixth year in a row after two years of growth. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports fell rapidly to $X in 2020. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

France (X units) was the main destination for internal combustion engines exports from Spain, with a X% share of total exports. Moreover, internal combustion engines exports to France exceeded the volume sent to the second major destination, Morocco (X units), twofold. Hungary (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to France totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+X% per year) and Hungary (+X% per year).

In value terms, France ($X), Morocco ($X) and Hungary ($X) appeared to be the largest markets for internal combustion engines exported from Spain worldwide, together comprising X% of total exports. The UK, Germany, Finland and Romania lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Finland (+X% per year) recorded 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

In 2020, the average internal combustion engines export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Morocco ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports

Imports into Spain

In 2020, imports of motor vehicles compression-ignition internal combustion piston engines into Spain declined rapidly to X units, waning by -X% against 2019. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, internal combustion engines imports shrank significantly to $X in 2020. In general, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

France (X units), the UK (X units) and Germany (X units) were the main suppliers of internal combustion engines imports to Spain, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the largest internal combustion engines suppliers to Spain, with a combined X% share of total imports.

Germany recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average internal combustion engines import price stood at $X per unit in 2020, jumping by X% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The import price peaked in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, 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 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motor vehicles compression-ignition internal combustion piston engines in the world?
+
The countries with the highest volumes of internal combustion engines consumption in 2020 were China (9.3M units), the U.S. (5.3M units) and India (3.8M units), with a combined 56% share of global consumption. These countries were followed by Germany, the UK, Mexico, Turkey, France, South Korea, Thailand, Spain and Austria, which together accounted for a further 26%.
What are the largest producers of motor vehicles compression-ignition internal combustion piston engines in the world?
+
The countries with the highest volumes of internal combustion engines production in 2020 were China (9.4M units), the U.S. (5.5M units) and India (3.9M units), with a combined 56% share of global production. Germany, the UK, Mexico, France, South Korea, Turkey, Thailand, Austria, Poland and Spain lagged somewhat behind, together accounting for a further 28%.
What are the leading suppliers of motor vehicles compression-ignition internal combustion piston engines to Spain?
+
In value terms, the largest internal combustion engines suppliers to Spain were Germany ($488M), France ($430M) and the UK ($278M), together accounting for 89% of total imports.
What are the leading importers of motor vehicles compression-ignition internal combustion piston engines from Spain?
+
In value terms, France ($226M), Morocco ($167M) and Hungary ($111M) constituted the largest markets for internal combustion engines exported from Spain worldwide, together accounting for 69% of total exports. These countries were followed by the UK, Germany, Finland and Romania, which together accounted for a further 28%.
What is the average export price for motor vehicles compression-ignition internal combustion piston engines in Spain?
+
In 2020, the average internal combustion engines export price amounted to $6,309 per unit, growing by 12% against the previous year.
What is the average import price for motor vehicles compression-ignition internal combustion piston engines in Spain?
+
In 2020, the average internal combustion engines import price amounted to $7,161 per unit, with an increase of 16% against the previous year.

Product coverage:
• Prodcom 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

This report provides an in-depth analysis of the internal combustion engines market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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