Spain: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in Spain

For the eleventh year in a row, the Spanish monitors and projectors market recorded growth in sales value, which increased by 7.3% to $X in 2022. Over the period under review, consumption posted a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Monitors And Projectors Production in Spain

In value terms, monitors and projectors production fell slightly to $X in 2022 estimated in export price. In general, production, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by 293% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Monitors And Projectors Exports

Exports from Spain

In 2022, the amount of monitors and projectors exported from Spain expanded modestly to X units, growing by 4% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 51%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, monitors and projectors exports expanded notably to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +150.3% against 2013 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 30% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X units), Mexico (X units) and Nigeria (X units) were the main destinations of monitors and projectors exports from Spain.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +181.9%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for monitors and projectors exports from Spain, comprising 59% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled +80.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+179.4% per year) and Mexico (+45.8% per year).

Export Prices by Country

In 2022, the average monitors and projectors export price amounted to $X per unit, rising by 4.5% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monitors and projectors export price increased by +22.6% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 60% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Mexico ($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 the Netherlands (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

Monitors And Projectors Imports

Imports into Spain

In 2022, purchases abroad of monitors and projectors decreased by -13.7% to X units, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 72% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, monitors and projectors imports shrank to $X in 2022. Over the period under review, imports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 35%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X units) was the main supplier of monitors and projectors to Spain, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to +84.1%.

In value terms, Mexico ($X) constituted the largest supplier of monitors and projectors to Spain.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico totaled +54.7%.

Import Prices by Country

The average monitors and projectors import price stood at $X per unit in 2022, rising by 2.6% against the previous year. Overall, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 an increase of 176% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +30.0% per year.

Source: IndexBox Platform

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