Spain: Public Works Machinery Market 2025

Public Works Machinery Market Size in Spain

In 2021, the Spanish public works machinery market decreased by -48.9% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption saw a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Public Works Machinery Production in Spain

In value terms, public works machinery production soared to $X in 2021 estimated in export price. Overall, production, however, posted a temperate increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Public Works Machinery Exports

Exports from Spain

In 2021, the amount of machinery for public works and building exported from Spain surged to X units, picking up by 41% on 2020. In general, exports, however, saw a deep contraction. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, public works machinery exports surged to $X in 2021. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X units), the Netherlands (X units) and Germany (X units) were the main destinations of public works machinery exports from Spain, with a combined 31% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +42.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) appeared to be the largest markets for public works machinery exported from Spain worldwide, with a combined 17% share of total exports. The United States, Algeria, Indonesia, Guatemala, India, Norway, Egypt, Argentina, Kazakhstan and Singapore lagged somewhat behind, together accounting for a further 6.4%.

Among the main countries of destination, Indonesia, with a CAGR of +20.7%, 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

In 2021, the average public works machinery export price amounted to $X per unit, which is down by -7.3% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2014 an increase of 84%. The export price peaked at $X per unit in 2020, 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 Poland ($X per unit), while the average price for exports to Indonesia ($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 the Netherlands (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Imports

Imports into Spain

In 2021, after two years of decline, there was significant growth in supplies from abroad of machinery for public works and building, when their volume increased by 26% to X units. In general, imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of 213% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, public works machinery imports surged to $X in 2021. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest public works machinery supplier to Spain, accounting for a 52% share of total imports. Moreover, public works machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was taken by China (X units), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.8% per year) and China (+17.0% per year).

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest public works machinery suppliers to Spain, with a combined 73% share of total imports. Belgium, the Netherlands, China, Austria, Portugal and Switzerland lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Austria, with a CAGR of +52.9%, 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

The average public works machinery import price stood at $X per unit in 2021, surging by 16% against the previous year. Overall, the import price showed a pronounced increase. The most prominent rate of growth was recorded in 2019 an increase of 112%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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 France ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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