Earlier Report Observations
The market size for bending and folding machines in Spain, measured in value, declined from 271.7 million USD in 2018 to 197.6 million USD in 2020. This was followed by a recovery to 231.4 million USD in 2021.
From 2022 onward, trade data shows a significant increase in both imports and exports. Imports rose to 76.1 million USD in 2023, while exports peaked at 59.1 million USD the same year. During this period, the market was influenced by the presence of brands like Ras, which launched machines featuring advanced CNC controls and segmented tools designed for high flexibility in metal bending, contributing to the modernization of available equipment in Spain.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2021
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2021
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Spain
- 5.1.1. In kind, 2018-2021, unit
- 5.1.2. In value, 2018-2021, M $ US
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5.2. Production in the EU, 2018-2021
- 5.2.1. In kind, 2018-2021, unit
- 5.2.2. In value, 2018-2021, M $ US
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5.1. Production in Spain
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production bending and folding machines in Spain
In value, 2017-2020, M $ US
Production of bending and folding machines in Spain has declined for the third year in a row. In 2020, output was valued at 199.8 million US dollars, representing an 8.4% decrease from the previous year. Between 2017 and 2020, production fell by 36.6%, which translates to an annualized decline of 14.1%.
Annual dynamics of production in Spain in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.5%) | (18.1%) | (8.4%) | (14.1%) |
Exports bending and folding machines from Spain
Exports in kind, t
Exports of bending and folding machines from Spain have decreased for the second consecutive year. In 2020, exports totaled 3,336 tonnes, down 17.2% compared to 2019. Over the 2017-2020 period, exports declined by 13.3%, with a compound annual growth rate (CAGR) of -4.6%. The highest export volume was recorded in 2018 at 4,755 tonnes, which also saw the largest increase of 23.6%.
Annual dynamics of product's exports from Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 23.6% | (15.2%) | (17.2%) | (4.6%) |
From 2017 to 2020, Spain's exports of bending and folding machines were distributed across multiple countries without a single dominant partner. Mexico accounted for 12.6% of exports in kind, France for 9.9%, and the United States for 7.9%. Together, these three countries made up just 30.3% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Spain in kind, 2017-2020
Exports in value, K $ US
After rising for two years, Spain's exports of bending and folding machines in value terms declined. In 2020, exports amounted to 42,800 thousand US dollars, a 23.1% drop from the previous year. Between 2017 and 2020, exports increased by 18.8%, equivalent to an annualized growth rate of 5.9%. The peak value was reached in 2019 at 55,636 thousand US dollars, while the largest increase occurred in 2018 at 38.5%.
Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.5% | 11.5% | (23.1%) | 5.9% |
During 2017-2020, Spain's export partners in value terms were diverse. Mexico contributed 10.8% of exports in value, Germany 10.2%, and the United States 9.0%. Combined, these three countries represented only 30.0% of total flows, with the remaining 70.0% spread across many other nations.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Spain in value, 2017-2020
Imports bending and folding machines to Spain
Imports in kind, t
In 2020, Spain's imports of bending and folding machines in kind totaled 5,152 tonnes, a 15.7% increase year-over-year. Between 2017 and 2020, imports grew by 5.1%, corresponding to an annualized rate of 1.7%. The lowest import volume was in 2019 at 4,454 tonnes, while the highest was in 2018 at 5,642 tonnes. The largest decline occurred in 2019, with a drop of 21.1%.
Annual dynamics of product's imports to Spain in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.1% | (21.1%) | 15.7% | 1.7% |
From 2017 to 2020, Italy, Turkey, and China were the primary sources for Spain's imports of bending and folding machines in kind. Italy accounted for 25.6% of imports, Turkey for 25.2%, and China for 15.2%. Together, these three countries formed a significant cluster, representing 66.1% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Spain in kind, 2017-2020
Imports in value, K $ US
Spain's imports of bending and folding machines in value terms have fallen for the third consecutive year. In 2020, imports stood at 40,674 thousand US dollars, a sharp decline of 18.7% compared to 2019. Over the 2017-2020 period, imports decreased by 33.8%, with a compound annual growth rate (CAGR) of -12.9%.
Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.9%) | (9.7%) | (18.7%) | (12.9%) |
Throughout 2017-2020, Italy, Germany, and Turkey were the key markets for Spain's imports in value terms. These three countries together accounted for 70.3% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Spain in value, 2017-2020
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