Spain: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Spain

The Spanish metal cutting shear market plummeted to $X in 2022, with a decrease of -82.8% against the previous year. Overall, consumption showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metal Cutting Shear Production in Spain

In value terms, metal cutting shear production expanded significantly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep setback. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Metal Cutting Shear Exports

Exports from Spain

In 2022, overseas shipments of metal cutting shears and similar hand tools increased by 13% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 122%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal cutting shear exports rose to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 45%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Morocco (X tons) and Portugal (X tons) were the main destinations of metal cutting shear exports from Spain, together accounting for 60% of total exports. France, Poland, the United States, the United Arab Emirates, Chile, Uruguay, the Netherlands and Sweden lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +89.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Morocco ($X) and Portugal ($X) were the largest markets for metal cutting shear exported from Spain worldwide, together comprising 36% of total exports. Uruguay, the United States, France, Chile, the United Arab Emirates, Poland, the Netherlands and Sweden lagged somewhat behind, together accounting for a further 36%.

The United States, with a CAGR of +80.3%, 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

In 2022, the average metal cutting shear export price amounted to $X per ton, reducing by -7.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into Spain

In 2022, metal cutting shear imports into Spain declined to X tons, which is down by -11% on the previous year. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 175% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal cutting shear imports dropped to $X in 2022. Overall, imports, however, posted resilient growth. The growth pace was the most rapid in 2015 with an increase of 58%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Belgium (X tons) were the main suppliers of metal cutting shear imports to Spain, with a combined 72% share of total imports. Morocco, France, Germany and Italy lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Morocco (with a CAGR of +114.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and Germany ($X) appeared to be the largest metal cutting shear suppliers to Spain, with a combined 51% share of total imports. Italy, France, Morocco and Belgium lagged somewhat behind, together accounting for a further 31%.

Morocco, with a CAGR of +59.5%, recorded the highest growth rate of 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 2022, the average metal cutting shear import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 97%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :