Spain - Threading or Tapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Metal Threading Machine Market Size in Spain
The Spanish metal threading machine market shrank rapidly to $X in 2021, with a decrease of -40.7% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Metal threading machine consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.
Metal Threading Machine Production in Spain
In value terms, metal threading machine production rose remarkably to $X in 2021 estimated in export price. In general, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 59%. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the near future.
Metal Threading Machine Exports
Exports from Spain
In 2021, approx. X units of threading or tapping machines for working metal were exported from Spain; with an increase of 53% against 2020 figures. In general, total exports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +199.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 113% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.
In value terms, metal threading machine exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
The United States (X units) was the main destination for metal threading machine exports from Spain, with a 34% share of total exports. Moreover, metal threading machine exports to the United States exceeded the volume sent to the second major destination, Germany (X units), twofold. France (X units) ranked third in terms of total exports with a 9.3% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +45.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+17.8% per year) and France (+18.2% per year).
In value terms, the largest markets for metal threading machine exported from Spain were the United States ($X), France ($X) and Germany ($X), with a combined 59% share of total exports.
The United States, with a CAGR of +36.9%, recorded the highest growth rate of 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
In 2021, the average metal threading machine export price amounted to $X per unit, dropping by -7.9% against the previous year. In general, the export price continues to indicate a slight curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 109% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Libya ($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 Portugal (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Threading Machine Imports
Imports into Spain
In 2021, supplies from abroad of threading or tapping machines for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, metal threading machine imports skyrocketed to $X in 2021. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 160%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest metal threading machine supplier to Spain, accounting for a 72% share of total imports. Moreover, metal threading machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by France (X units), with a 3.6% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+107.4% per year) and France (+60.8% per year).
In value terms, the largest metal threading machine suppliers to Spain were Germany ($X), China ($X) and France ($X), together comprising 85% of total imports.
Germany, with a CAGR of +100.9%, recorded 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
The average metal threading machine import price stood at $X per unit in 2021, growing by 14% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 95%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($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 Poland (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal threading machine market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412280 - Threading or tapping machines for working metal (excluding drilling machines)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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