Spain: Screwdriver Market 2025

Screwdriver Market Size in Spain

The Spanish screwdriver market surged to $X in 2021, rising by 273% against the previous year. Overall, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Screwdriver Production in Spain

In value terms, screwdriver production soared to $X in 2021 estimated in export price. Overall, production recorded a prominent increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Screwdriver Exports

Exports from Spain

In 2021, overseas shipments of screwdrivers decreased by -2.7% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports, however, saw slight growth. The pace of growth was the most pronounced in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, screwdriver exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a tangible expansion. The pace of growth was the most pronounced in 2018 when exports increased by 35%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Portugal (X tons) and Italy (X tons) were the main destinations of screwdriver exports from Spain, with a combined 74% share of total exports. The United States, Germany, Poland and Sweden lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +73.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for screwdriver exported from Spain were the United States ($X), France ($X) and Portugal ($X), with a combined 59% share of total exports. These countries were followed by Germany, Italy, Poland and Sweden, which together accounted for a further 30%.

Among the main countries of destination, Poland, with a CAGR of +87.5%, recorded the highest growth rate of 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 screwdriver export price stood at $X per ton in 2021, rising by 34% against the previous year. In general, the export price saw a slight expansion. The pace of growth appeared the most rapid in 2018 an increase of 52%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Spain

In 2021, the amount of screwdrivers imported into Spain surged to X tons, jumping by 35% against 2020. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 48% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, screwdriver imports soared to $X in 2021. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 63%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of screwdriver imports to Spain, with a combined 71% share of total imports. France, Italy, Portugal, Taiwan (Chinese), Poland, Austria and Belgium lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +127.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of screwdrivers to Spain, comprising 33% of total imports. The second position in the ranking was taken by France ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.4% per year) and the Netherlands (+47.9% per year).

Import Prices by Country

The average screwdriver import price stood at $X per ton in 2021, surging by 6.4% against the previous year. In general, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, screwdriver import price increased by +98.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 87% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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