Spain: Market for Vacuum Cleaners With Motor 2022

Market Size for Vacuum Cleaners With Motor in Spain

The Spanish vacuum cleaner with motor market declined to $X in 2021, waning by -9.8% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Vacuum Cleaners With Motor in Spain

In value terms, vacuum cleaner with motor production fell markedly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 317%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Vacuum Cleaners With Motor

Exports from Spain

Vacuum cleaner with motor exports from Spain expanded to X tons in 2021, increasing by 4.4% compared with 2020. Overall, exports saw resilient growth. The growth pace was the most rapid in 2014 with an increase of 75% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, vacuum cleaner with motor exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 when exports increased by 55%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Portugal (X tons), France (X tons) and Germany (X tons) were the main destinations of vacuum cleaner with motor exports from Spain, with a combined 79% share of total exports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +32.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Germany ($X) and France ($X) constituted the largest markets for vacuum cleaner with motor exported from Spain worldwide, with a combined 79% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +47.5%, 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

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, approximately reflecting the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vacuum cleaner with motor export price increased by +107.2% against 2012 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 35% against the previous year. The export price peaked at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Spain

In 2021, imports of vacuum cleaners with motor into Spain skyrocketed to X tons, picking up by 21% against 2020. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 22% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vacuum cleaner with motor imports contracted to $X in 2021. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2015 when imports increased by 39%. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vacuum cleaner with motor to Spain, with a 61% share of total imports. Moreover, vacuum cleaner with motor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by France (X tons), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.0% per year) and France (+11.2% per year).

In value terms, China ($X) constituted the largest supplier of vacuum cleaner with motor to Spain, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Malaysia, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.6% per year) and Malaysia (+5.0% per year).

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per ton in 2021, with a decrease of -24.7% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2020, and then dropped remarkably in the following year.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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