Spain: Blow Lamp Market 2024

Blow Lamp Market Size in Spain

The Spanish blow lamp market surged to $X in 2022, rising by 26% against the previous year. Over the period under review, consumption saw a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Blow Lamp Production in Spain

In value terms, blow lamp production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 248% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Blow Lamp Exports

Exports from Spain

In 2022, approx. X tons of blow lamps were exported from Spain; dropping by -35.2% on the previous year. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 210% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, blow lamp exports declined notably to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 288% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Panama (X tons) and Germany (X tons) were the main destinations of blow lamp exports from Spain, with a combined 66% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +103.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blow lamp exported from Spain were Germany ($X), the UK ($X) and Panama ($X), with a combined 58% share of total exports.

The UK, with a CAGR of +92.4%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average blow lamp export price amounted to $X per ton, which is down by -8.3% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blow lamp export price increased by +9.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 91% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Blow Lamp Imports

Imports into Spain

In 2022, approx. X tons of blow lamps were imported into Spain; reducing by -9.2% on the previous year's figure. Overall, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 91%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, blow lamp imports contracted to $X in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 94% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and France (X tons) were the main suppliers of blow lamp imports to Spain, together accounting for 79% of total imports. Germany, Italy, Estonia and the Netherlands lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +131.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blow lamp suppliers to Spain were Taiwan (Chinese) ($X), China ($X) and Germany ($X), with a combined 77% share of total imports. Italy, Estonia, France and the Netherlands lagged somewhat behind, together comprising a further 14%.

Estonia, with a CAGR of +127.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average blow lamp import price amounted to $X per ton, declining by -2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2015 an increase of 29% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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