Spain: Compression Type Mould Market 2024

Compression Type Mould Market Size in Spain

After four years of decline, the Spanish compression type mould market increased by X% to $X in 2023. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Compression Type Mould Production in Spain

In value terms, compression type mould production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Compression type mould production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Compression Type Mould Exports

Exports from Spain

For the third consecutive year, Spain recorded growth in shipments abroad of injection or compression type moulds for rubber or plastics, which increased by X% to X units in 2023. Over the period under review, exports saw a buoyant increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

In value terms, compression type mould exports surged to $X in 2023. Overall, total exports indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Morocco (X units) and Poland (X units) were the main destinations of compression type mould exports from Spain, together comprising X% of total exports. France, Italy, Portugal, the Czech Republic, Mexico, Slovakia, the United States, the UK and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for compression type mould exported from Spain were France ($X), the United States ($X) and Morocco ($X), together accounting for X% of total exports. Mexico, Poland, Germany, China, the Czech Republic, Italy, Slovakia, the UK and Portugal lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Slovakia, with a CAGR of X%, 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 compression type mould export price stood at $X per unit in 2023, surging by X% against the previous year. In general, the export price, however, faced a abrupt decline. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Compression Type Mould Imports

Imports into Spain

In 2023, purchases abroad of injection or compression type moulds for rubber or plastics increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a remarkable increase. Imports peaked at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, compression type mould imports soared to $X in 2023. In general, total imports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Portugal (X units) and Italy (X units) were the main suppliers of compression type mould imports to Spain, together accounting for X% of total imports. Germany, Austria and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of injection or compression type moulds for rubber or plastics to Spain, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Italy (X% per year).

Import Prices by Country

The average compression type mould import price stood at $X per unit in 2023, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform