Spain: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in Spain

After two years of growth, the Spanish numerically controlled sharpening machine market decreased by -57.2% to $X in 2022. In general, consumption recorded a slight curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Spain

In value terms, numerically controlled sharpening machine production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 6.7%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Spain

In 2022, approx. X units of numerically controlled sharpening machines for working metal were exported from Spain; growing by 74% against 2021 figures. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, numerically controlled sharpening machine exports dropped modestly to $X in 2022. Overall, exports saw pronounced growth. The growth pace was the most rapid in 2013 when exports increased by 85% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for numerically controlled sharpening machine exports from Spain, accounting for a 79% share of total exports. Moreover, numerically controlled sharpening machine exports to Italy exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +60.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+19.6% per year) and France (+7.2% per year).

In value terms, Italy ($X) emerged as the key foreign market for numerically controlled sharpening machines for working metal exports from Spain, comprising 73% of total exports. The second position in the ranking was held by Mexico ($X), with a 4.9% share of total exports. It was followed by the United States, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-13.9% per year) and the United States (+15.8% per year).

Export Prices by Country

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, declining by -45.4% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 65% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Mexico ($X per unit), while the average price for exports to France ($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 Italy (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Spain

After two years of growth, purchases abroad of numerically controlled sharpening machines for working metal decreased by -76.9% to X units in 2022. In general, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 3,551%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, numerically controlled sharpening machine imports dropped remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 223%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), Sweden (X units) and Germany (X units) were the main suppliers of numerically controlled sharpening machine imports to Spain, together comprising 92% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +43.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of numerically controlled sharpening machines for working metal to Spain, comprising 72% of total imports. The second position in the ranking was held by Italy ($X), with an 8.5% share of total imports. It was followed by Sweden, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+70.3% per year) and Sweden (+11.3% per year).

Import Prices by Country

The average numerically controlled sharpening machine import price stood at $X per unit in 2022, surging by 214% against the previous year. In general, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2015 an increase of 949%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :