Spain: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Spain

In 2021, the Spanish horizontal machining centre market decreased by -0.7% to $X, falling for the second year in a row after eight years of growth. Overall, consumption, however, showed a prominent increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Horizontal Machining Centre Production in Spain

In value terms, horizontal machining centre production contracted to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 when the production volume decreased by -6.3% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports from Spain

In 2021, shipments abroad of horizontal machining centres for working metal was finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, faced a abrupt downturn. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, horizontal machining centre exports expanded modestly to $X in 2021. In general, exports, however, showed a mild setback. The most prominent rate of growth was recorded in 2013 when exports increased by 53%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Portugal (X units) was the main destination for horizontal machining centre exports from Spain, with a 36% share of total exports. Moreover, horizontal machining centre exports to Portugal exceeded the volume sent to the second major destination, Turkey (X units), fourfold. France (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-22.4% per year) and France (-9.6% per year).

In value terms, the largest markets for horizontal machining centre exported from Spain were China ($X), Germany ($X) and Portugal ($X), with a combined 49% share of total exports. Russia, Italy, Turkey, Saudi Arabia, Poland, France, Mexico, Romania and Egypt lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +15.4%, saw 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 horizontal machining centre export price stood at $X per unit in 2021, waning by -13.3% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 40%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Romania ($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 (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Spain

In 2021, supplies from abroad of horizontal machining centres for working metal decreased by -23.2% to X units, falling for the second consecutive year after two years of growth. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 47%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, horizontal machining centre imports surged to $X in 2021. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by 61% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), Belgium (X units) and Taiwan (Chinese) (X units) were the main suppliers of horizontal machining centre imports to Spain, with a combined 73% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +25.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest horizontal machining centre suppliers to Spain were Germany ($X), Italy ($X) and Taiwan (Chinese) ($X), with a combined 59% share of total imports. Belgium, Japan, South Korea, the UK and China lagged somewhat behind, together comprising a further 34%.

Belgium, with a CAGR of +24.0%, recorded the highest rates of growth with regard to the value of imports, among 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 2021, the average horizontal machining centre import price amounted to $X per unit, picking up by 55% against the previous year. Overall, the import price recorded a strong expansion. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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