Spain: Non-Household Fan Market 2024

Non-Household Fan Market Size in Spain

In 2022, after two years of growth, there was significant decline in the Spanish non-household fan market, when its value decreased by -36% to $X. Over the period under review, consumption, however, recorded a remarkable increase. Non-household fan consumption peaked at $X in 2021, and then dropped remarkably in the following year.

Non-Household Fan Production in Spain

In value terms, non-household fan production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 4.8%. Non-household fan production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Household Fan Exports

Exports from Spain

In 2022, the amount of non-household ventilation fans exported from Spain declined significantly to X units, reducing by -50.4% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of 41%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, non-household fan exports declined sharply to $X in 2022. In general, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Portugal (X units), Italy (X units) and France (X units) were the main destinations of non-household fan exports from Spain, with a combined 43% share of total exports. Poland, the UK, Germany, Morocco, the United States, Russia and Lithuania lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and Italy ($X) constituted the largest markets for non-household fan exported from Spain worldwide, with a combined 28% share of total exports. The UK, Poland, Germany, Morocco, the United States, Lithuania and Russia lagged somewhat behind, together comprising a further 21%.

Among the main countries of destination, Lithuania, with a CAGR of +16.0%, recorded the highest rates of growth with regard to 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 non-household fan export price stood at $X per unit in 2022, picking up by 4.1% against the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 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 France ($X per unit), while the average price for exports to Russia ($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 Germany (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into Spain

In 2022, the amount of non-household ventilation fans imported into Spain fell rapidly to X units, reducing by -35.3% against the year before. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 40% against the previous year. Imports peaked at X units in 2021, and then fell dramatically in the following year.

In value terms, non-household fan imports reduced markedly to $X in 2022. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 26%. Over the period under review, imports hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

China (X units), the Philippines (X units) and Vietnam (X units) were the main suppliers of non-household fan imports to Spain, with a combined 63% share of total imports. Germany, Slovenia, Italy, Hungary and France lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +137.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-household ventilation fans to Spain, comprising 45% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.2% per year) and Italy (+10.0% per year).

Import Prices by Country

The average non-household fan import price stood at $X per unit in 2022, shrinking by -8.6% against the previous year. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 38%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat 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 ($X per unit), while the price for the Philippines ($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 (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform