Blow moulding machines for working rubber or plastics market in Spain

Earlier Report Observations

The market for blow moulding machines in Spain contracted sharply between 2018 and 2024, falling from 36 939 thousand US dollars to 4 637 thousand dollars. This decline accelerated after 2021, with the market losing nearly half its value in the final two years of the period.

The steep reduction was primarily driven by a collapse in imports, which dropped from 22 165 thousand dollars in 2021 to 11 956 thousand dollars in 2022. Volatility in domestic production and exports could not compensate for this loss, leading to a substantially smaller overall market.

During this period of contraction, a global trend emerged with rising demand for automatic blow molding machines, particularly for lightweight and durable packaging in the food and beverage industry. This external shift in demand represented a notable industry dynamic, even as the Spanish market itself was shrinking.

Production blow moulding machines for working rubber or plastics in Spain

In value, 2017-2020, K $ US

Following two consecutive years of contraction, Spain's production of blow moulding machines for working rubber or plastics rebounded. In 2020, output reached 18 189 thousand US dollars, marking a significant 18.2% increase compared to the previous year. However, looking at the broader period from 2017 to 2020, production declined by 20.4%, with an average annual decrease of 7.3%. The lowest production value was recorded in 2019 at 15 395 thousand US dollars, which also saw the sharpest decline of 25.2%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, unit

After two years of decline, Spain's production of blow moulding machines for working rubber or plastics showed signs of recovery. In 2020, 71 units were produced, representing a robust 14.5% increase from the previous year. Over the 2017-2020 period, overall production fell by 23.7%, translating to an average annual decline of 8.6%. The lowest production level was recorded in 2019 with 62 units, while the most substantial drop occurred in 2018 at 21.5%.

Annual dynamics of production in Spain in kind, 2017-2020, unit

Exports blow moulding machines for working rubber or plastics from Spain

Exports in kind, unit

Export volumes demonstrated considerable volatility during the observed period. From 2017 to 2018, shipments plummeted by 95.4%, reaching a low of 50 units in 2018. However, 2019 saw a dramatic recovery with a 184.0% increase, followed by further growth in 2020 when Spain exported 203 units of blow moulding machines for working rubber or plastics, representing a 43.0% gain compared to 2019. Overall, export volumes varied 22-fold between the 2017 high and 2018 low.

Annual dynamics of product's exports from Spain in kind, 2017-2020, unit

Portugal dominated Spain's export structure for blow moulding machines in kind throughout 2017-2020, accounting for 70.7% of total shipments. Other destination countries represented relatively minor shares during this period.

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

Spain's export value of blow moulding machines for working rubber or plastics declined to 9 969 thousand US dollars in 2020, representing a 17.3% decrease from the previous year. Over the 2017-2020 period, exports fell by 26.8%, with an average annual decline of 9.9%. The only year showing growth was 2019, with a modest 3.0% increase.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

Between 2017 and 2020, Italy (12.3% of export value), Mexico (11.3%), and Algeria (10.8%) formed the largest group of buyers for Spain's blow moulding machines. However, their combined share amounted to just 34.4% of total export value, indicating a highly diversified country structure with no single dominant market.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports blow moulding machines for working rubber or plastics to Spain

Imports in kind, unit

Import volumes showed an unstable pattern throughout the timeframe. In 2018, imports peaked at 1 144 units before plunging by 87.1% to just 148 units in 2019. This created a 7.7-fold difference between the peak and trough. The trend reversed dramatically in 2020, with imports surging 360.1% year-over-year to reach 1 144 units.

Annual dynamics of product's imports to Spain in kind, 2017-2020, unit

During 2017-2020, Europe (not elsewhere specified) accounted for 43.8% of Spain's imports of blow moulding machines in kind, followed by China at 18.7% and Germany at 11.8%. Together, these three sources represented 74.3% of total import volumes.

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

Following two years of growth, Spain's imports of blow moulding machines for working rubber or plastics declined in 2020 to 25 300 thousand US dollars, reflecting a 13.9% decrease from the previous year. However, over the broader 2017-2020 period, imports actually increased by 46.9%, equivalent to an average annual growth rate of 13.7%. The highest import value was recorded in 2019 at 29 371 thousand US dollars, while the strongest growth occurred in 2018 with a 62.8% increase.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

Germany maintained its position as Spain's primary source for blow moulding machines in value terms throughout 2017-2020, accounting for 42.6% of import value. Italy followed with 27.1%, and India contributed 8.6%. Together, these three countries represented 78.3% of Spain's total import value for these machines.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020