Spain: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Spain

In 2021, after two years of growth, there was significant decline in the Spanish wood milling machine market, when its value decreased by -32.1% to $X. Overall, consumption saw a abrupt slump. Wood milling machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Milling Machine Production in Spain

In value terms, wood milling machine production shrank to $X in 2021 estimated in export price. Overall, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 39%. As a result, production reached the peak level of $X, and then fell in the following year.

Wood Milling Machine Exports

Exports from Spain

In 2021, approx. X units of planing, milling or moulding machines were exported from Spain; increasing by 258% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 803%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, wood milling machine exports surged to $X in 2021. Overall, exports saw a strong increase. The growth pace was the most rapid in 2014 with an increase of 312%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X units), Portugal (X units) and Germany (X units) were the main destinations of wood milling machine exports from Spain, with a combined 87% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +176.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood milling machine exported from Spain were the UK ($X), Portugal ($X) and France ($X), with a combined 65% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +105.5%, 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

In 2021, the average wood milling machine export price amounted to $X per unit, shrinking by -36.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 50% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Denmark ($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 the United Arab Emirates (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Milling Machine Imports

Imports into Spain

In 2021, overseas purchases of planing, milling or moulding machines decreased by -2% to X units, falling for the fourth consecutive year after two years of growth. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 96%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wood milling machine imports contracted sharply to $X in 2021. Over the period under review, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2016 when imports increased by 63%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Italy (X units) and China (X units) were the main suppliers of wood milling machine imports to Spain, with a combined 85% share of total imports. These countries were followed by Poland and Belgium, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +322.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Italy ($X) and China ($X) appeared to be the largest wood milling machine suppliers to Spain, together accounting for 80% of total imports. Belgium and Poland lagged somewhat behind, together comprising a further 3.6%.

Belgium, with a CAGR of +108.5%, recorded the highest rates of growth with regard to the value of imports, among 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 wood milling machine import price stood at $X per unit in 2021, falling by -20.7% against the previous year. In general, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 103%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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