Spain: Silencer Market 2025

Silencer Market Size in Spain

In 2021, the Spanish silencer market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Silencer Production in Spain

In value terms, silencer production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Silencer Exports

Exports from Spain

In 2021, the amount of silencers and exhaust pipes exported from Spain skyrocketed to X tons, with an increase of 32% on 2020. Overall, exports, however, continue to indicate a deep setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, silencer exports soared to $X in 2021. In general, exports, however, showed a pronounced setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Portugal (X tons) was the main destination for silencer exports from Spain, with a 48% share of total exports. Moreover, silencer exports to Portugal exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal amounted to +21.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.8% per year) and the UK (-6.7% per year).

In value terms, Portugal ($X) remains the key foreign market for silencer exports from Spain, comprising 43% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by the UK, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Portugal totaled +27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-8.2% per year) and the UK (-10.4% per year).

Export Prices by Country

The average silencer export price stood at $X per ton in 2021, with an increase of 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Morocco ($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 Belgium (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Silencer Imports

Imports into Spain

Silencer imports into Spain expanded markedly to X tons in 2021, picking up by 7.4% on 2020. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 27% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, silencer imports expanded notably to $X in 2021. In general, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 43% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Portugal (X tons), France (X tons) and Germany (X tons) were the main suppliers of silencer imports to Spain, with a combined 59% share of total imports. These countries were followed by Italy, China, Poland and the Czech Republic, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest silencer suppliers to Spain were Germany ($X), the Czech Republic ($X) and Portugal ($X), together comprising 69% of total imports. These countries were followed by France, Italy, Poland and China, which together accounted for a further 19%.

France, with a CAGR of +14.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average silencer import price amounted to $X per ton, surging by 5.6% against the previous year. In general, the import price showed a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 62% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+36.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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