Spain: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Spain

The Spanish metal deburring machine market surged to $X in 2021, with an increase of 47% against the previous year. Overall, consumption enjoyed a prominent increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Production in Spain

In value terms, metal deburring machine production stood at $X in 2021 estimated in export price. Overall, production, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 7.9%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from Spain

In 2021, overseas shipments of machines for deburring or polishing metal decreased by -36.2% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a slight decrease. The pace of growth was the most pronounced in 2016 when exports increased by 37% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal deburring machine exports reduced modestly to $X in 2021. Overall, exports saw a slight reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 57%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units), France (X units) and Italy (X units) were the main destinations of metal deburring machine exports from Spain, with a combined 42% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +117.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the United States ($X) and Poland ($X) appeared to be the largest markets for metal deburring machine exported from Spain worldwide, together accounting for 49% of total exports. China, Mexico, France, Brazil, Portugal, Italy and Turkey lagged somewhat behind, together comprising a further 37%.

Italy, with a CAGR of +98.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal deburring machine export price stood at $X per unit in 2021, rising by 55% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brazil ($X per unit), while the average price for exports to Italy ($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 France (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Spain

In 2021, after four years of decline, there was growth in purchases abroad of machines for deburring or polishing metal, when their volume increased by 3% to X units. Over the period under review, imports posted a moderate increase. The most prominent rate of growth was recorded in 2016 when imports increased by 129%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, metal deburring machine imports skyrocketed to $X in 2021. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2013 when imports increased by 99% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest metal deburring machine supplier to Spain, with a 72% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. France (X units) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.8% per year) and France (-12.1% per year).

In value terms, China ($X) constituted the largest supplier of machines for deburring or polishing metal to Spain, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and Turkey (+12.3% per year).

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, rising by 47% against the previous year. Overall, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 108%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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