Spain: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Spain

In 2022, the Spanish geometrical quantities electronic measurer market decreased by -90.5% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption showed a sharp reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Spain

In 2022, overseas shipments of electronic instruments and machines for measuring geometrical quantities increased by 7.2% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, geometrical quantities electronic measurer exports reduced slightly to $X in 2022. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Germany (X units), the United States (X units) and Morocco (X units) were the main destinations of geometrical quantities electronic measurer exports from Spain, with a combined 46% share of total exports. Italy, France, the Czech Republic, China, Portugal, the UK, Brazil, Mexico, Romania and Sweden lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +24.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from Spain, comprising 29% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by France, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.7% per year) and France (+3.8% per year).

Export Prices by Country

In 2022, the average geometrical quantities electronic measurer export price amounted to $X per unit, which is down by -8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Spain

In 2022, purchases abroad of electronic instruments and machines for measuring geometrical quantities decreased by -15.8% to X units, falling for the third consecutive year after four years of growth. In general, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 21%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, geometrical quantities electronic measurer imports amounted to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.4% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), China (X units) and France (X units) were the main suppliers of geometrical quantities electronic measurer imports to Spain, with a combined 55% share of total imports. Italy, Morocco, the Czech Republic, the UK, South Korea, the United States, Japan and Belgium lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +73.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electronic instruments and machines for measuring geometrical quantities to Spain, comprising 47% of total imports. The second position in the ranking was held by Italy ($X), with a 7.7% share of total imports. It was followed by China, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.4% per year) and China (+17.4% per year).

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, jumping by 20% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, geometrical quantities electronic measurer import price increased by +74.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :