Spain: Optical Telescope Market 2024

Optical Telescope Market Size in Spain

The Spanish optical telescope market rose sharply to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a noticeable downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Optical Telescope Production in Spain

In value terms, optical telescope production expanded markedly to $X in 2022 estimated in export price. In general, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Optical telescope production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Optical Telescope Exports

Exports from Spain

In 2022, approx. X units of optical telescopes were exported from Spain; increasing by X% on 2021. In general, exports posted a perceptible increase. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, optical telescope exports skyrocketed to $X in 2022. Overall, exports saw a resilient expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X units) was the main destination for optical telescope exports from Spain, with a X% share of total exports. Moreover, optical telescope exports to Chile exceeded the volume sent to the second major destination, Italy (X units), twofold. The third position in this ranking was held by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for optical telescopes exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Italy (X% per year).

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Portugal ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Telescope Imports

Imports into Spain

In 2022, the amount of optical telescopes imported into Spain surged to X units, rising by X% against 2021. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, optical telescope imports soared to $X in 2022. Over the period under review, imports showed a notable expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest optical telescope supplier to Spain, with a X% share of total imports. Moreover, optical telescope imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of optical telescopes to Spain, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average optical telescope import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a mild decrease. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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