Spain: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Spain

The Spanish telephone apparatus market contracted to $X in 2022, falling by -5.7% against the previous year. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Telephone apparatus consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Telephone Apparatus Production in Spain

In value terms, telephone apparatus production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -29.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Telephone Apparatus Exports

Exports from Spain

In 2022, overseas shipments of telephone apparatus decreased by -12% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 264% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone apparatus exports totaled $X in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 32%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

France (X tons), Portugal (X tons) and Finland (X tons) were the main destinations of telephone apparatus exports from Spain, with a combined 31% share 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 Finland (with a CAGR of +72.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephone apparatus exported from Spain were Portugal ($X), Italy ($X) and Germany ($X), together accounting for 46% of total exports. France, Poland, the Netherlands, the UK, the Czech Republic, Finland, Hong Kong SAR, Hungary, Morocco and Peru lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Poland, with a CAGR of +51.7%, recorded the highest rates of growth with regard to 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 telephone apparatus export price stood at $X per ton in 2021, rising by 121% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Finland ($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 Peru (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Spain

In 2022, purchases abroad of telephone apparatus decreased by -21.8% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 88% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, telephone apparatus imports stood at $X in 2022. The total import value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of telephone apparatus imports to Spain, with a combined 30% share of total imports. Italy, France, Vietnam, Hungary, Sweden, Poland and the UK lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +27.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest telephone apparatus suppliers to Spain were China ($X), the Netherlands ($X) and Italy ($X), with a combined 63% share of total imports. Vietnam, Germany, France, Hungary, Sweden, Poland and the UK lagged somewhat behind, together comprising a further 24%.

Poland, with a CAGR of +21.7%, saw the highest rates of growth with regard to 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

The average telephone apparatus import price stood at $X per ton in 2021, jumping by 72% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Hungary ($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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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