Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain - 2023

Contents:

1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain (FOB) - 2022
2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain (CIF) - 2022
3. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain
4. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain (FOB) - 2022

The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $486 per unit in 2022, reducing by -4.1% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $812 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($739 per unit), while the average price for exports to Denmark ($107 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 El Salvador (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $32 per unit, surging by 19% against the previous year. In general, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum at $177 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($114 per unit), while the price for China amounted to $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.4%).

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain

Exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Spain soared to 15K units in 2022, growing by 32% on the previous year's figure. Overall, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $7.5M in 2022. In general, exports recorded a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Spain in 2022:

1. France (3.7K units)
2. Turkey (3.6K units)
3. United Kingdom (1.2K units)
4. Tunisia (0.9K units)
5. Switzerland (0.7K units)
6. Cote d'Ivoire (0.6K units)
7. Denmark (0.5K units)
8. Morocco (0.5K units)
9. United States (0.4K units)
10. Cuba (0.4K units)
11. Germany (0.4K units)

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Spain

In 2022, purchases abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -33.1% to 102K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year. Over the period under review, imports of attained the maximum at 153K units in 2021, and then reduced dramatically in the following year.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank significantly to $3.3M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $4.1M, and then fell notably in the following year.

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Spain in 2022:

1. China (100.4K units)

Source: IndexBox Market Intelligence Platform