Spain: Mould For Glass Market 2024

Mould For Glass Market Size in Spain

The Spanish mould for glass market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Mould for glass consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Mould For Glass Production in Spain

In value terms, mould for glass production reduced remarkably to $X in 2021 estimated in export price. In general, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 1.1% against the previous year. Mould for glass production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Mould For Glass Exports

Exports from Spain

In 2021, overseas shipments of moulds for glass increased by 13% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 when exports increased by 33%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, mould for glass exports expanded significantly to $X in 2021. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 20%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Portugal (X units) was the main destination for mould for glass exports from Spain, accounting for a 79% share of total exports. Moreover, mould for glass exports to Portugal exceeded the volume sent to the second major destination, France (X units), more than tenfold. The third position in this ranking was taken by Italy (X units), with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal stood at +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-17.4% per year) and Italy (-4.4% per year).

In value terms, Portugal ($X) remains the key foreign market for moulds for glass exports from Spain, comprising 37% of total exports. The second position in the ranking was held by Mexico ($X), with a 12% share of total exports. It was followed by France, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Portugal totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+4.6% per year) and France (-19.0% per year).

Export Prices by Country

In 2021, the average mould for glass export price amounted to $X per unit, declining by -6.8% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per unit), while the average price for exports to Portugal ($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 Mexico (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Mould For Glass Imports

Imports into Spain

In 2021, supplies from abroad of moulds for glass was finally on the rise to reach X units after three years of decline. Overall, imports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2015 when imports increased by 76%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, mould for glass imports soared to $X in 2021. In general, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Portugal (X units), China (X units) and Italy (X units) were the main suppliers of mould for glass imports to Spain, together comprising 83% of total imports. Belgium, France and Romania lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +56.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mould for glass suppliers to Spain were China ($X), Portugal ($X) and Italy ($X), with a combined 76% share of total imports. France, Belgium and Romania lagged somewhat behind, together comprising a further 15%.

Romania, with a CAGR of +171.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mould for glass import price stood at $X per unit in 2021, growing by 18% against the previous year. Overall, the import price enjoyed perceptible growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 51%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+73.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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