Spain: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Spain

In 2021, the Spanish stone sawing machine market decreased by -19.3% to $X, falling for the second year in a row after three years of growth. In general, consumption saw a perceptible slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Stone Sawing Machine Production in Spain

In value terms, stone sawing machine production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a strong increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Stone Sawing Machine Exports

Exports from Spain

In 2021, overseas shipments of sawing machines for working stone, ceramics and concrete increased by 27% to X units for the first time since 2015, thus ending a five-year declining trend. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, stone sawing machine exports surged to $X in 2021. Over the period under review, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Portugal (X units) and the United States (X units) were the main destinations of stone sawing machine exports from Spain, with a combined 43% share of total exports. These countries were followed by the Netherlands, the UK, Poland, Morocco, Germany, Russia, Italy and Chile, which together accounted for a further 42%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for stone sawing machine exported from Spain were France ($X), Portugal ($X) and the United States ($X), together accounting for 45% of total exports. These countries were followed by the UK, the Netherlands, Poland, Germany, Russia, Morocco, Italy and Chile, which together accounted for a further 37%.

The Netherlands, with a CAGR of +50.6%, 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 stone sawing machine export price stood at $X per unit in 2021, surging by 32% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 72% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Morocco ($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 the UK (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Spain

In 2021, approx. X units of sawing machines for working stone, ceramics and concrete were imported into Spain; rising by 119% against the previous year. Over the period under review, imports continue to indicate strong growth. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports soared to $X in 2021. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest stone sawing machine supplier to Spain, with a 55% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by Portugal (X units), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.9% per year) and Portugal (+34.7% per year).

In value terms, the largest stone sawing machine suppliers to Spain were Italy ($X), China ($X) and Sweden ($X), with a combined 83% share of total imports. Portugal, Germany and the UK lagged somewhat behind, together accounting for a further 8.5%.

Among the main suppliers, the UK, with a CAGR of +69.8%, saw the highest rates of growth with regard to 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 stone sawing machine import price amounted to $X per unit, increasing by 34% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 476% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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