Spain: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Spain

The Spanish cable-making machine market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption enjoyed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cable-Making Machine Production in Spain

In value terms, cable-making machine production fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Cable-making machine production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cable-Making Machine Exports

Exports from Spain

In 2022, cable-making machine exports from Spain dropped rapidly to X units, which is down by X% against the previous year's figure. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cable-making machine exports totaled $X in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Egypt (X units) and Poland (X units) were the main destinations of cable-making machine exports from Spain, together accounting for X% of total exports.

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

In value terms, the United States ($X) emerged as the key foreign market for rope or cable-making machines exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with an X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average cable-making machine export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 Italy ($X per unit), while the average price for exports to Portugal ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cable-Making Machine Imports

Imports into Spain

Cable-making machine imports into Spain contracted to X units in 2022, which is down by X% compared with the previous year. Overall, imports, however, showed modest growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then contracted in the following year.

In value terms, cable-making machine imports expanded markedly to $X in 2022. In general, imports, however, showed a tangible increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of cable-making machine to Spain, accounting for a X% share of total imports. Moreover, cable-making machine imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

In value terms, Austria ($X), China ($X) and Germany ($X) constituted the largest cable-making machine suppliers to Spain, with a combined X% share of total imports.

Germany, with a CAGR of X%, 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 cable-making machine import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price showed notable growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 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 Luxembourg ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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