Report Update Nov 1, 2024

Spain - Self-Propelled Earth Moving, Excavating Machinery - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Spain: Self-Propelled Excavating Machinery Market 2024

Self-Propelled Excavating Machinery Market Size in Spain

In 2021, after nine years of growth, there was decline in the Spanish self-propelled excavating machinery market, when its value decreased by -1.6% to $X. In general, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +116.2% against 2012 indices. Over the period under review, the market hit record highs at $X in 2020, and then declined modestly in the following year.

Self-Propelled Excavating Machinery Production in Spain

In value terms, self-propelled excavating machinery production expanded markedly to $X in 2021 estimated in export price. In general, production saw a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 49% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Self-Propelled Excavating Machinery Exports

Exports from Spain

In 2021, exports of self-propelled earth moving, excavating machinery from Spain fell to X units, shrinking by -12.9% against the previous year's figure. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 252% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, self-propelled excavating machinery exports reduced notably to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 190%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Portugal (X units), Italy (X units) and Brazil (X units) were the main destinations of self-propelled excavating machinery exports from Spain, together accounting for 68% 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 Italy (with a CAGR of +77.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-propelled excavating machinery exported from Spain were Portugal ($X), Brazil ($X) and Morocco ($X), with a combined 65% share of total exports. Belgium, Italy, the UK and Uruguay lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, the UK, with a CAGR of +109.6%, 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

In 2021, the average self-propelled excavating machinery export price amounted to $X per unit, reducing by -15.9% against the previous year. Overall, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.6%. Over the period under review, the average export prices hit record highs 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 Portugal ($X per unit), while the average price for exports to Italy ($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 Belgium (-3.8%), while the prices for the other major destinations experienced a decline.

Self-Propelled Excavating Machinery Imports

Imports into Spain

In 2021, imports of self-propelled earth moving, excavating machinery into Spain stood at less than X units, approximately reflecting the previous year's figure. In general, imports showed a relatively flat trend pattern.

In value terms, self-propelled excavating machinery imports surged to $X in 2021. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 237% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled earth moving, excavating machinery in the world?

The countries with the highest volumes of self-propelled excavating machinery consumption in 2021 were China, France and Spain, with a combined 39% share of global consumption. Belgium, the Czech Republic, the UK, Indonesia, Japan, Singapore, Denmark, Thailand, Australia and the Netherlands lagged somewhat behind, together comprising a further 34%.

What are the largest producers of self-propelled earth moving, excavating machinery in the world?

The country with the largest volume of self-propelled excavating machinery production was China, comprising approx. 35% of total volume. Moreover, self-propelled excavating machinery production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. Spain ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of self-propelled earth moving, excavating machinery to Spain?

In value terms, the largest self-propelled excavating machinery suppliers to Spain were Germany, Italy and the United States, with a combined 80% share of total imports. The Netherlands, China, the UK and India lagged somewhat behind, together accounting for a further 13%.

What are the leading importers of self-propelled earth moving, excavating machinery from Spain?

In value terms, Portugal, Brazil and Morocco were the largest markets for self-propelled excavating machinery exported from Spain worldwide, with a combined 68% share of total exports.

What is the average export price for self-propelled earth moving, excavating machinery in Spain?

The average self-propelled excavating machinery export price stood at $4,555 per unit in 2021, dropping by -38.6% against the previous year.

What is the average import price for self-propelled earth moving, excavating machinery in Spain?

The average self-propelled excavating machinery import price stood at $5,647 per unit in 2021, waning by -13.7% against the previous year.

This report provides an in-depth analysis of the self-propelled excavating machinery market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28922750 - Self-propelled earth moving, excavating... machinery, n.e.c.

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023