Spain: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Spain

The Spanish wood slicing machine market soared to $X in 2021, picking up by 161% against the previous year. Over the period under review, consumption continues to indicate a significant increase. Wood slicing machine consumption peaked in 2021 and is expected to retain growth in years to come.

Wood Slicing Machine Production in Spain

In value terms, wood slicing machine production amounted to $X in 2021 estimated in export price. In general, production, however, saw a deep downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Slicing Machine Exports

Exports from Spain

In 2021, overseas shipments of splitting, slicing or paring machines increased by 25% to X units, rising for the second consecutive year after five years of decline. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2013 when exports increased by 316%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports surged to $X in 2021. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2016 with an increase of 246%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Portugal (X units) was the main destination for wood slicing machine exports from Spain, with a 43% share of total exports. Moreover, wood slicing machine exports to Portugal exceeded the volume sent to the second major destination, Egypt (X units), twofold. France (X units) ranked third in terms of total exports with a 19% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal totaled +51.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-0.7% per year) and France (+72.7% per year).

In value terms, the largest markets for wood slicing machine exported from Spain were Italy ($X), France ($X) and Portugal ($X), together accounting for 49% of total exports. Egypt and Denmark lagged somewhat behind, together comprising a further 16%.

In terms of the main countries of destination, Denmark, with a CAGR of +97.1%, saw 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 wood slicing machine export price stood at $X per unit in 2021, surging by 43% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 475%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the average price for exports to Portugal ($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 Turkey (+342.7%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Slicing Machine Imports

Imports into Spain

In 2021, approx. X units of splitting, slicing or paring machines were imported into Spain; increasing by 156% against 2020 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 250% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, wood slicing machine imports surged to $X in 2021. In general, imports saw a measured expansion. The pace of growth was the most pronounced in 2019 when imports increased by 148% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Portugal (X units) and Italy (X units) were the main suppliers of wood slicing machine imports to Spain, with a combined 97% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +84.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of splitting, slicing or paring machines to Spain, comprising 43% of total imports. The second position in the ranking was held by Portugal ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+58.8% per year) and China (+29.2% per year).

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, waning by -35.6% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 139% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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