Spain: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Spain

In 2022, the Spanish non-electric roasting furnace market decreased by X% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Electric Roasting Furnace Production in Spain

In value terms, non-electric roasting furnace production soared to $X in 2022 estimated in export price. Overall, production recorded a resilient expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Non-Electric Roasting Furnace Exports

Exports from Spain

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were exported from Spain; with an increase of X% compared with 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Iran (X units) was the main destination for non-electric roasting furnace exports from Spain, accounting for a X% share of total exports. Moreover, non-electric roasting furnace exports to Iran exceeded the volume sent to the second major destination, China (X units), more than tenfold. The third position in this ranking was held by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Iran ($X) remains the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Spain, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the average non-electric roasting furnace export price amounted to $X per unit, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then declined in the following year.

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

Non-Electric Roasting Furnace Imports

Imports into Spain

Non-electric roasting furnace imports into Spain expanded markedly to X units in 2022, with an increase of X% on 2021 figures. Overall, imports, however, saw a sharp decline. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-electric roasting furnace imports soared to $X in 2022. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Iran (X units) and Austria (X units) were the main suppliers of non-electric roasting furnace imports to Spain, with a combined X% share of total imports. The United States, Germany, Turkey, China and the UK lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Austria ($X) and Germany ($X) constituted the largest non-electric roasting furnace suppliers to Spain, with a combined X% share of total imports. Iran, the United States, China, Turkey and the UK lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X.3%, 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 more modest paces of growth.

Import Prices by Country

The average non-electric roasting furnace import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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