Spain: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Spain

The Spanish market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids fell to $X in 2022, with a decrease of -14.7% against the previous year. In general, consumption showed a slight reduction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Spain

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 25%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Spain

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Spain expanded remarkably to X units in 2022, rising by 9.4% compared with 2021 figures. Over the period under review, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +57.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reduced sharply to $X in 2022. In general, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X units), Mexico (X units) and Germany (X units) were the main destinations of exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Spain, with a combined 28% share of total exports. Portugal, the United States, the UK, France, El Salvador, Saudi Arabia, Senegal, Chile, Cote d'Ivoire and the Dominican Republic lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +56.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Mexico ($X) and the United States ($X) constituted the largest markets for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Spain worldwide, together accounting for 25% of total exports. Morocco, France, Germany, Senegal, the Dominican Republic, the UK, Chile, Saudi Arabia, El Salvador and Cote d'Ivoire lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, the Dominican Republic, with a CAGR of +38.7%, 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

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, with a decrease of -22.7% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to El Salvador ($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 Portugal (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Spain

In 2022, overseas purchases of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by 9.8% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw a strong expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 53% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids skyrocketed to $X in 2022. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Portugal (X units) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids supplier to Spain, accounting for a 56% share of total imports. Moreover, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Portugal exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was held by China (X units), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.4% per year) and China (+15.0% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Spain, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by China, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.6% per year) and China (+17.6% per year).

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, surging by 9.1% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by +57.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 47%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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