Spain: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Spain

The Spanish telephonic switching apparatus market surged to $X in 2022, increasing by 16% against the previous year. In general, consumption enjoyed strong growth. Telephonic switching apparatus consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Telephonic Switching Apparatus Production in Spain

In value terms, telephonic switching apparatus production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt descent. The pace of growth was the most pronounced in 2014 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Telephonic Switching Apparatus Exports

Exports from Spain

In 2022, approx. X units of telephonic or telegraphic switching apparatus were exported from Spain; growing by 74% compared with the year before. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 579% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephonic switching apparatus exports totaled $X in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X units), Portugal (X units) and Germany (X units) were the main destinations of telephonic switching apparatus exports from Spain, with a combined 27% share of total exports. Poland, Italy, the Netherlands, Morocco, Kosovo, the UK and Cuba lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kosovo (with a CAGR of +103.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephonic switching apparatus exported from Spain were Portugal ($X), Germany ($X) and France ($X), with a combined 47% share of total exports. Poland, the Netherlands, Italy, the UK, Morocco, Cuba and Kosovo lagged somewhat behind, together comprising a further 25%.

Kosovo, with a CAGR of +138.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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 telephonic switching apparatus export price stood at $X per unit in 2021, picking up by 199% against the previous year. Over the period under review, the export price enjoyed a moderate expansion. The export price peaked at $X per unit 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 the UK ($X per unit), while the average price for exports to Kosovo ($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 Kosovo (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports into Spain

Telephonic switching apparatus imports into Spain surged to X units in 2022, increasing by 38% on the year before. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 134%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, telephonic switching apparatus imports expanded remarkably to $X in 2022. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest telephonic switching apparatus supplier to Spain, accounting for a 11% share of total imports. Moreover, telephonic switching apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.2% per year) and the Netherlands (+13.8% per year).

In value terms, the largest telephonic switching apparatus suppliers to Spain were China ($X), the Netherlands ($X) and Germany ($X), with a combined 57% share of total imports. Italy, Vietnam, France, Sweden, Taiwan (Chinese), Hungary, Ireland, Poland and the UK lagged somewhat behind, together comprising a further 32%.

Vietnam, with a CAGR of +69.8%, 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 telephonic switching apparatus import price stood at $X per unit in 2021, jumping by 98% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The import price peaked at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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