Spain: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Spain

In 2021, the Spanish dry-cleaning machine market increased by 6.2% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed temperate growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

Dry-Cleaning Machine Production in Spain

In value terms, dry-cleaning machine production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 3.9%. As a result, production reached the peak level of $X, and then declined slightly in the following year.

Dry-Cleaning Machine Exports

Exports from Spain

In 2021, overseas shipments of dry-cleaning machines decreased by -48.8% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 42% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry-cleaning machine exports dropped rapidly to $X in 2021. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 48%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Pakistan (X units) and France (X units) were the main destinations of dry-cleaning machine exports from Spain, together accounting for 33% of total exports. Cuba, Russia, Mexico, Poland, the Netherlands, Germany, Kenya, China and Andorra lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dry-cleaning machine exported from Spain were Italy ($X), Pakistan ($X) and France ($X), together comprising 63% of total exports. These countries were followed by Mexico, Russia, Kenya, Germany, China, Cuba, Andorra, Poland and the Netherlands, which together accounted for a further 34%.

Among the main countries of destination, Russia, with a CAGR of +110.4%, recorded the highest growth rate of 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 dry-cleaning machine export price stood at $X per unit in 2021, increasing by 5.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 6.2% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+102.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dry-Cleaning Machine Imports

Imports into Spain

In 2021, overseas purchases of dry-cleaning machines decreased by -35% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 58%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, dry-cleaning machine imports reduced remarkably to $X in 2021. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by 62%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Poland (X units) were the main suppliers of dry-cleaning machine imports to Spain, with a combined 38% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Germany ($X) were the largest dry-cleaning machine suppliers to Spain, with a combined 66% share of total imports. France, the Netherlands, the Czech Republic, the UK, Poland, Hong Kong SAR, the United States and Lithuania lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +122.5%, recorded the highest rates of growth with regard to 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

In 2021, the average dry-cleaning machine import price amounted to $X per unit, which is down by -2.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The growth pace was the most rapid in 2013 when the average import price increased by 18% against the previous year. The import price peaked at $X per unit in 2020, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+118.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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