Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain (FOB) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain (CIF) - 2022
3. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain
4. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $56,790 per unit in 2022, reducing by -17.2% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for casting machines; of a kind used in metallurgy or in metal foundrieses increased by +47.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 81%. As a result, the export price reached the peak level of $80,463 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($104,875 per unit), while the average price for exports to China ($25 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 the United Arab Emirates (+137.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $53,467 per unit in 2022, dropping by -45.9% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 158%. As a result, import price attained the peak level of $98,908 per unit, and then reduced dramatically in the following year.

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 China ($133,537 per unit), while the price for Portugal ($81 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+76.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain

In 2022, after three years of growth, there was significant decline in shipments abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume decreased by -50% to 83 units. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, the exports attained the peak of 166 units, and then dropped remarkably in the following year.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses shrank rapidly to $4.7M in 2022. Overall, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 153%. As a result, the exports attained the peak of $11M, and then contracted markedly in the following year.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Spain in 2022:

1. Iran (57.0 units)
2. Mexico (8.0 units)
3. United Kingdom (5.0 units)
4. Italy (1.0 units)
5. Portugal (1.0 units)
6. United Arab Emirates (1.0 units)

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Spain

In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Spain declined sharply to 46 units, with a decrease of -69.5% against the year before. Over the period under review, imports showed a dramatic contraction. The smallest decline of -46.8% was in 2021. Over the period under review, imports of attained the peak figure at 284 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses dropped markedly to $2.5M in 2022. Overall, imports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 37%. Imports peaked at $25M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Spain in 2022:

1. Germany (20.0 units)
2. India (12.0 units)
3. China (5.0 units)
4. Italy (2.0 units)
5. Turkey (1.0 units)
6. Netherlands (1.0 units)
7. Portugal (1.0 units)
8. Mexico (1.0 units)
9. France (1.0 units)
10. New Zealand (1.0 units)

Source: IndexBox Market Intelligence Platform