Spain: Market for Parts Of Apparatus Of Hs 2024

Market Size for Parts Of Apparatus Of Hs in Spain

The Spanish market for parts of apparatus of hs dropped to $X in 2021, which is down by -2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Parts Of Apparatus Of Hs in Spain

In value terms, parts of apparatus of hs production rose significantly to $X in 2021 estimated in export price. Overall, production, however, saw a perceptible slump. The growth pace was the most rapid in 2018 with an increase of 30% against the previous year. Parts of apparatus of hs production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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Exports of Parts Of Apparatus Of Hs

Exports from Spain

Parts of apparatus of hs exports from Spain amounted to X units in 2021, rising by 9.9% compared with the previous year's figure. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 1,189% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, parts of apparatus of hs exports skyrocketed to $X in 2021. Overall, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by 57%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Italy (X units), Portugal (X units) and France (X units) were the main destinations of parts of apparatus of hs exports from Spain, with a combined 42% share of total exports. The United States, Germany, the UK, China, Poland, Cyprus, the Netherlands, Morocco, Romania and Hungary lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the biggest increases were recorded for Cyprus (with a CAGR of +58.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for parts of apparatus of hs exported from Spain were Germany ($X), Italy ($X) and France ($X), with a combined 43% share of total exports. Portugal, the Netherlands, the UK, Poland, the United States, Cyprus, China, Hungary, Romania and Morocco lagged somewhat behind, together accounting for a further 38%.

Cyprus, with a CAGR of +49.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for parts of apparatus of hs stood at $X per unit in 2021, with an increase of 21% against the previous year. In general, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 1,417% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Apparatus Of Hs

Imports into Spain

In 2021, the amount of parts of apparatus of hs imported into Spain shrank dramatically to X units, waning by -17.3% against the previous year. In general, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.7% against 2013 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of X units, and then dropped significantly in the following year.

In value terms, parts of apparatus of hs imports rose notably to $X in 2021. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of parts of apparatus of hs imports to Spain, together accounting for 71% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +21.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of apparatus of hs suppliers to Spain were China ($X), Germany ($X) and the Netherlands ($X), with a combined 58% share of total imports. Italy, France, Belgium, Poland, Hungary and the UK lagged somewhat behind, together accounting for a further 26%.

In terms of the main suppliers, Poland, with a CAGR of +28.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for parts of apparatus of hs amounted to $X per unit, picking up by 35% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.6%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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