Spain: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Spain

In 2022, the Spanish footwear making machinery market decreased by X% to $X, falling for the fourth consecutive year after seven years of growth. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Footwear Making Machinery Production in Spain

In value terms, footwear making machinery production surged to $X in 2022 estimated in export price. Overall, production recorded a resilient expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Footwear Making Machinery Exports

Exports from Spain

In 2022, shipments abroad of machinery for making or repairing footwear increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, showed a noticeable decrease. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, footwear making machinery exports soared to $X in 2022. Overall, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Guatemala (X units), Peru (X units) and Morocco (X units) were the main destinations of footwear making machinery exports from Spain, together comprising X% of total exports. Bolivia, Portugal, Colombia, the United States, the UK, Australia, Russia, Italy, Mexico and Vietnam lagged somewhat behind, together accounting for a further X%.

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

In value terms, Guatemala ($X) remains the key foreign market for machinery for making or repairing footwear exports from Spain, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Guatemala totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average footwear making machinery export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Peru ($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 Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Making Machinery Imports

Imports into Spain

In 2022, overseas purchases of machinery for making or repairing footwear increased by X% to X units, rising for the second year in a row after three years of decline. Overall, imports posted prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, footwear making machinery imports expanded sharply to $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of footwear making machinery to Spain, with a X% share of total imports. Moreover, footwear making machinery imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Romania (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Romania (X% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing footwear to Spain, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

In 2022, the average footwear making machinery import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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