Spain: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in Spain

For the fourth year in a row, the Spanish market for wiring sets used in vehicles, aircraft or ships recorded decline in sales value, which decreased by -12.1% to $X in 2022. Over the period under review, the total consumption indicated modest growth 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, consumption decreased by -34.1% against 2018 indices. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in Spain

In value terms, production of wiring sets used in vehicles, aircraft or ships shrank notably to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 27%. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Spain

In 2022, shipments abroad of wiring sets used in vehicles, aircraft or ships increased by 15% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 55% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wiring sets used in vehicles, aircraft or ships expanded significantly to $X in 2022. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by 54% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X tons), France (X tons) and Germany (X tons) were the main destinations of exports of wiring sets used in vehicles, aircraft or ships from Spain, with a combined 59% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +42.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and Slovakia ($X) appeared to be the largest markets for wiring sets used in vehicles, aircraft or ships exported from Spain worldwide, together accounting for 58% of total exports.

Among the main countries of destination, Portugal, with a CAGR of +38.5%, saw 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 export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, waning by -2.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 45% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Spain

In 2022, overseas purchases of wiring sets used in vehicles, aircraft or ships were finally on the rise to reach X tons after two years of decline. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 38%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wiring sets used in vehicles, aircraft or ships rose rapidly to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 53%. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Morocco (X tons) constituted the largest wiring sets used in vehicles, aircraft or ships supplier to Spain, with a 86% share of total imports. Moreover, imports of wiring sets used in vehicles, aircraft or ships from Morocco exceeded the figures recorded by the second-largest supplier, North Macedonia (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume from Morocco totaled +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: North Macedonia (+24.3% per year) and France (+18.4% per year).

In value terms, Morocco ($X) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to Spain, comprising 82% of total imports. The second position in the ranking was held by North Macedonia ($X), with a 5.2% share of total imports. It was followed by France, with a 1.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Morocco amounted to +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: North Macedonia (+22.3% per year) and France (+14.1% per year).

Import Prices by Country

In 2022, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, waning by -1.6% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2013 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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