Spain: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Spain

The Spanish market for instrument panel and wall clocks reduced rapidly to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Instrument panel and wall clock consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Production of Instrument Panel And Wall Clocks in Spain

In value terms, instrument panel and wall clock production rose markedly to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a buoyant increase. The growth pace was the most rapid in 2015 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Spain

In 2020, exports of instrument panel and wall clocks from Spain rose rapidly to X tons, with an increase of X% against the previous year. In general, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Exports peaked at X tons in 2009; however, from 2010 to 2020, exports remained at a lower figure.

In value terms, instrument panel and wall clock exports contracted to $X in 2020. Over the period under review, exports, however, showed temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Italy (X tons), Portugal (X tons) and France (X tons) were the main destinations of instrument panel and wall clock exports from Spain, with a combined X% share of total exports. These countries were followed by Germany, the UK, Morocco, Poland, Chile and Peru, which together accounted for a further X 2007 to 2020, the biggest increases were in Peru (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for instrument panel and wall clock exported from Spain were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Portugal, Chile, Poland, the UK, Peru and Morocco lagged somewhat behind, together comprising a further X terms of the main countries of destination, Peru (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for instrument panel and wall clocks stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Chile ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instrument Panel And Wall Clocks

Imports into Spain

In 2020, overseas purchases of instrument panel and wall clocks decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, instrument panel and wall clock imports shrank to $X in 2020. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of instrument panel and wall clock to Spain, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms 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 the UK (-X% per year).

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clock to Spain, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (-X% per year).

Import Prices by Country

The average import price for instrument panel and wall clocks stood at $X per ton in 2020, picking up by X% against the previous year. In general, the import price enjoyed a tangible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :