Spain: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Spain

The Spanish steam blasting machine market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption enjoyed notable growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in Spain

In value terms, steam blasting machine production skyrocketed to $X in 2021 estimated in export price. In general, production posted a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 59%. Steam blasting machine production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Steam Blasting Machine Exports

Exports from Spain

In 2021, the amount of steam or sand blasting machines and similar jet-projecting machines exported from Spain dropped modestly to X units, reducing by -1.8% on 2020. In general, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by 37%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, steam blasting machine exports amounted to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by 38% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Portugal (X units) was the main destination for steam blasting machine exports from Spain, with a 26% share of total exports. Moreover, steam blasting machine exports to Portugal exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was held by Cuba (X units), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.6% per year) and Cuba (+19.3% per year).

In value terms, France ($X), Portugal ($X) and Italy ($X) were the largest markets for steam blasting machine exported from Spain worldwide, with a combined 52% share of total exports. China, Cuba, Morocco, the United States, Canada, Denmark, the Netherlands, Austria, Serbia and Slovenia lagged somewhat behind, together accounting for a further 16%.

Canada, with a CAGR of +76.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average steam blasting machine export price stood at $X per unit in 2021, picking up by 3.5% against the previous year. In general, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 5.7%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Slovenia ($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 France (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Steam Blasting Machine Imports

Imports into Spain

In 2021, steam blasting machine imports into Spain soared to X units, with an increase of 21% on the previous year's figure. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, steam blasting machine imports surged to $X in 2021. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 31%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of steam blasting machine imports to Spain, together comprising 87% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +21.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) were the largest steam blasting machine suppliers to Spain, together comprising 87% of total imports.

China, with a CAGR of +23.5%, saw the highest growth rate of 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

In 2021, the average steam blasting machine import price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 an increase of 2.2% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per unit) and Germany ($X per unit), while the price for the Netherlands ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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