Spain: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Spain

In 2021, the Spanish market for domestic, non-electric, cooking or heating appliances increased by 2.5% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +45.4% against 2019 indices. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Spain

In value terms, production of domestic, non-electric, cooking or heating appliances soared to $X in 2021 estimated in export price. In general, production, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 320%. Over the period under review, production of reached the maximum level in 2021 and is expected to retain growth in the near future.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Spain

In 2021, shipments abroad of domestic, non-electric, cooking or heating appliances increased by 21% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when exports increased by 28%. Over the period under review, the exports of reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Portugal (X tons) and the UK (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Spain, with a combined 39% share of total exports. Germany, Italy, Russia, Turkey, Poland, Australia, Israel, South Africa and Mexico lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +54.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) appeared to be the largest markets for domestic, non-electric, cooking or heating appliance exported from Spain worldwide, with a combined 38% share of total exports. Portugal, Italy, Russia, Turkey, Australia, Poland, South Africa, Israel and Mexico lagged somewhat behind, together accounting for a further 43%.

Russia, with a CAGR of +57.2%, 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

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, dropping by -2.9% against the previous year. In general, the export price saw a perceptible decrease. The pace of growth appeared the most rapid in 2013 an increase of 14%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Spain

In 2021, approx. X tons of domestic, non-electric, cooking or heating appliances were imported into Spain; increasing by 70% compared with the year before. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. The total import value increased at an average annual rate of +6.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Spain, accounting for a 46% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Italy (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+5.6% per year) and Italy (+2.4% per year).

In value terms, China ($X), Turkey ($X) and Italy ($X) appeared to be the largest domestic, non-electric, cooking or heating appliance suppliers to Spain, with a combined 68% share of total imports. France, Portugal, Germany, Canada and Belgium lagged somewhat behind, together comprising a further 25%.

Canada, with a CAGR of +39.6%, 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

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, which is down by -7.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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