Spain - Electric Soldering Irons And Guns - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain's Electric Soldering Iron Price Hits New Record of $32.0 per Unit
Spain Electric Soldering Iron Export Price in February 2023
In February 2023, the electric soldering iron price amounted to $32.0 per unit (FOB, Spain), growing by 12% against the previous month. In general, export price indicated a noticeable expansion from February 2022 to February 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, electric soldering iron export price increased by +23.2% against September 2022 indices. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 42% against the previous month. The export price peaked in February 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($55.8 per unit), while the average price for exports to Cuba ($7.9 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Electric Soldering Iron in Spain (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| Turkey | 33.4 | 50.2 | 15.7 | 19.4 | 21.5 | 5.0 | 28.3 | 22.6 | 6.2 | 23.6 | 22.0 | N/A | 55.8 |
| China | 25.6 | 36.3 | 25.7 | 20.0 | 22.5 | 37.7 | 40.4 | 36.7 | 21.6 | 32.4 | 35.7 | 30.6 | 49.0 |
| Portugal | 14.0 | 15.4 | 15.8 | 7.0 | 6.8 | 7.1 | 22.5 | 28.3 | 51.1 | 35.4 | 31.8 | 23.9 | 48.5 |
| Poland | 19.4 | 23.6 | 26.2 | 19.4 | 28.5 | 31.6 | 32.8 | 25.2 | 22.9 | 20.9 | 22.7 | 27.3 | 39.6 |
| France | 28.3 | 31.4 | 32.1 | 20.9 | 16.0 | 21.1 | 20.3 | 15.6 | 11.0 | 13.1 | 20.1 | 22.1 | 31.9 |
| United States | 34.2 | 25.6 | 33.7 | 27.9 | 31.6 | 27.4 | 28.9 | 24.0 | 29.8 | 30.1 | 35.2 | 35.3 | 31.6 |
| United Kingdom | 33.2 | 43.7 | 34.1 | 29.6 | 36.2 | 35.0 | 34.3 | 26.4 | 34.2 | 29.5 | 37.9 | 28.9 | 30.1 |
| Italy | 33.1 | 24.8 | 31.0 | 31.2 | 8.2 | 5.2 | 4.4 | 24.3 | 7.7 | 30.2 | 23.5 | 28.3 | 29.8 |
| Germany | 22.7 | 22.5 | 25.4 | 24.3 | 27.3 | 25.8 | 27.3 | 26.9 | 21.0 | 22.5 | 26.5 | 25.3 | 28.3 |
| Netherlands | 20.8 | 17.8 | 32.7 | 38.5 | 32.6 | 26.1 | 27.1 | 28.6 | 23.6 | 25.0 | 38.2 | 33.3 | 27.0 |
| Mexico | 22.4 | 25.3 | 21.3 | 21.3 | 22.0 | 23.0 | 25.4 | 25.1 | 19.9 | 27.1 | 25.3 | 22.7 | 18.4 |
| Cuba | N/A | 41.6 | N/A | 5.4 | 12.5 | N/A | N/A | 26.3 | 9.4 | 78.5 | 3.4 | 5.6 | 7.9 |
| Average | 23.4 | 22.3 | 23.0 | 25.2 | 21.4 | 18.3 | 18.3 | 26.0 | 19.1 | 21.1 | 28.4 | 28.7 | 32.0 |
Spain Electric Soldering Iron Exports
Electric soldering iron exports from Spain declined notably to 52K units in February 2023, with a decrease of -15.9% compared with the month before. Overall, exports continue to indicate a mild decline. The pace of growth was the most pronounced in October 2022 when exports increased by 64% against the previous month. Over the period under review, the exports attained the peak figure at 84K units in June 2022; however, from July 2022 to February 2023, the exports failed to regain momentum.
In value terms, electric soldering iron exports declined to $1.7M (IndexBox estimates) in February 2023. In general, total exports indicated modest growth from February 2022 to February 2023: its value increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +64.7% against September 2022 indices. The most prominent rate of growth was recorded in November 2022 when exports increased by 31% m-o-m. Over the period under review, the exports reached the maximum at 1.8M units in June 2022; however, from July 2022 to February 2023, the exports stood at a somewhat lower figure.
Spain Electric Soldering Iron Exports by Country
Germany (22K units) was the main destination for electric soldering iron exports from Spain, accounting for a 43% share of total exports. Moreover, electric soldering iron exports to Germany exceeded the volume sent to the second major destination, the United States (7.8K units), threefold. Mexico (4K units) ranked third in terms of total exports with a 7.6% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of volume to Germany totaled -1.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+8.7% per month) and Mexico (+3.4% per month).
In value terms, Germany ($631K) remains the key foreign market for electric soldering iron exports from Spain, comprising 38% of total exports. The second position in the ranking was taken by the United States ($245K), with a 15% share of total exports. It was followed by Turkey, with a 9.6% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+8.0% per month) and Turkey (+14.4% per month).
This report provides an in-depth analysis of the electric soldering iron market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27903109 - Electric soldering irons and guns
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
