Spain: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Spain

In 2022, the Spanish vacuum cleaner without motor market decreased by -21.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Vacuum Cleaners Without Motor in Spain

In value terms, vacuum cleaner without motor production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 46% against the previous year. Vacuum cleaner without motor production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Vacuum Cleaners Without Motor

Exports from Spain

Vacuum cleaner without motor exports from Spain surged to X units in 2022, growing by 25% against the previous year. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, vacuum cleaner without motor exports surged to $X in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Italy (X units), Portugal (X units) and Germany (X units) were the main destinations of vacuum cleaner without motor exports from Spain, with a combined 59% share of total exports. France, the Netherlands, Poland, Lithuania, Estonia, Austria and Morocco lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +81.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for vacuum cleaners without motor exports from Spain, comprising 31% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by Portugal, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+45.3% per year) and Portugal (+16.1% per year).

Export Prices by Country

The average vacuum cleaner without motor export price stood at $X per unit in 2022, growing by 12% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner without motor export price increased by +87.5% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 41%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners Without Motor

Imports into Spain

In 2022, the amount of vacuum cleaners without motor imported into Spain shrank significantly to X units, dropping by -45.9% on 2021 figures. Over the period under review, imports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, vacuum cleaner without motor imports declined notably to $X in 2022. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest vacuum cleaner without motor supplier to Spain, with a 50% share of total imports. Moreover, vacuum cleaner without motor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Poland (X units), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.9% per year) and Poland (+33.7% per year).

In value terms, the largest vacuum cleaner without motor suppliers to Spain were China ($X), Italy ($X) and Germany ($X), together accounting for 63% of total imports. Poland, Belgium, France and the United States lagged somewhat behind, together accounting for a further 20%.

Poland, with a CAGR of +38.6%, recorded 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 vacuum cleaner without motor import price stood at $X per unit in 2022, increasing by 39% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 126%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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