Spain: Metal Sawing Machine Market 2023

Metal Sawing Machine Market Size in Spain

In 2022, the Spanish metal sawing machine market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Sawing Machine Production in Spain

In value terms, metal sawing machine production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible shrinkage. Metal sawing machine production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Metal Sawing Machine Exports

Exports from Spain

In 2022, after three years of decline, there was significant growth in overseas shipments of sawing or cutting-off machines for working metal, when their volume increased by X% to X units. Over the period under review, exports posted noticeable growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal sawing machine exports surged to $X in 2022. In general, exports showed pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for metal sawing machine exports from Spain, with a X% share of total exports. Moreover, metal sawing machine exports to Germany exceeded the volume sent to the second major destination, Portugal (X units), sevenfold. The third position in this ranking was taken by France (X units), with a X% share.

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

In value terms, Germany ($X) emerged as the key foreign market for sawing or cutting-off machines for working metal exports from Spain, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by India, with a X% share.

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

Export Prices by Country

In 2022, the average metal sawing machine export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, recorded a modest expansion. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank remarkably in the following year.

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 Egypt ($X per unit), while the average price for exports to Italy ($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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Sawing Machine Imports

Imports into Spain

In 2022, purchases abroad of sawing or cutting-off machines for working metal increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal sawing machine imports surged to $X in 2022. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal sawing machine to Spain, with a X% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was held by Italy (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: Germany (X% per year) and Italy (X% per year).

In value terms, the largest metal sawing machine suppliers to Spain were Italy ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Taiwan (Chinese), the UK and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the UK, with a CAGR of X%, recorded 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

The average metal sawing machine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :