Spain: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Spain

In 2022, the Spanish photo-copying apparatus market increased by 369% to $X, rising for the second year in a row after three years of decline. In general, consumption recorded a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Photo-Copying Apparatus Production in Spain

In value terms, photo-copying apparatus production totaled less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with a decrease of 99.9% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Photo-Copying Apparatus Exports

Exports from Spain

Photo-copying apparatus exports from Spain rose markedly to X units in 2022, picking up by 12% against the previous year. Overall, exports posted a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 43% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, photo-copying apparatus exports shrank to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 59%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for photo-copying apparatus exports from Spain, with a 23% share of total exports. Moreover, photo-copying apparatus exports to Brazil exceeded the volume sent to the second major destination, Denmark (X units), twofold. The third position in this ranking was held by Portugal (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil amounted to +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+91.7% per year) and Portugal (+5.1% per year).

In value terms, the largest markets for photo-copying apparatus exported from Spain were Brazil ($X), Portugal ($X) and Italy ($X), together comprising 33% of total exports. France, Egypt, Denmark, Ireland, Germany, the Czech Republic, Cuba, Morocco, Nigeria and Tunisia lagged somewhat behind, together comprising a further 20%.

Denmark, with a CAGR of +77.1%, 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 photo-copying apparatus export price stood at $X per unit in 2022, dropping by -15.4% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 60%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Cuba ($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 Tunisia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Spain

In 2022, supplies from abroad of photo-copying apparatus decreased by -5.9% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 86%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, photo-copying apparatus imports contracted to $X in 2022. Overall, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2017 with an increase of 110%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest photo-copying apparatus supplier to Spain, accounting for a 71% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +28.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+1.7% per year) and Germany (-3.3% per year).

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to Spain, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by Portugal, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.4% per year) and Portugal (+19.3% per year).

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 51% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 France ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :