High-voltage switching, protection and connection apparatus market in Spain

Earlier Report Observations

The Spanish market for high-voltage switching, protection and connection apparatus expanded significantly from 2018 to 2021, with its total value rising from 162.5 M $ US to 217.3 M $ US. Domestic production dipped in 2020 before recovering to 157.1 M $ US in 2021, while import and export values fluctuated across these years.

Import activity strengthened further from 2022, peaking at 194.4 M $ US in 2023. Regulatory developments during this period included the implementation of border market surveillance for electrical equipment imports to ensure compliance with safety and labeling standards, alongside the development of a repairability index for electronic products. These measures shaped the market environment together with broader industry shifts toward digitalization and IoT integration.

Production high-voltage switching, protection and connection apparatus in Spain

In value, 2017-2020, M $ US

In 2020, Spain's production of high-voltage switching, protection and connection apparatus reached 123.2 million US dollars, marking a robust 10.4% increase compared to 2019. Over the period from 2017 to 2020, production grew by 5.5%, which translates to an annualized growth rate of 1.8%.

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

Exports high-voltage switching, protection and connection apparatus from Spain

Exports in kind, t

After two consecutive years of decline, Spain's exports of high-voltage switching, protection and connection apparatus rebounded in 2020. The country exported 6,804 tonnes, representing a strong 11.5% increase from the previous year. However, looking at the broader 2017-2020 period, exports decreased by 10%, with a compound annual growth rate (CAGR) of -3.5%. The lowest export volume was recorded in 2019 at 6,104 tonnes, which also saw the largest decline of 11.6%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

Between 2017 and 2020, Spain's exports of high-voltage switching, protection and connection apparatus were not heavily concentrated. The top three destinations—France (19.2% of export volume), Algeria (7.8%), and Morocco (7.7%)—together accounted for only 34.8% 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, M $ US

Spain's export value of high-voltage switching, protection and connection apparatus declined for the third consecutive year in 2020. Exports amounted to 79.7 million US dollars, showing a slight decrease of 2.3% year-over-year. From 2017 to 2020, exports fell by 20.2%, equating to an annualized decline of 7.2%.

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

From 2017 to 2020, Spain's high-voltage switching, protection and connection apparatus exports were distributed across a wide range of markets. The top three destinations—France (13.1% of export value), the United States (8.6%), and Morocco (7.1%)—together made up only 28.8% of total export value. The remaining 71.2% was spread among numerous smaller markets.

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

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

Imports high-voltage switching, protection and connection apparatus to Spain

Imports in kind, t

In 2020, Spain's imports of high-voltage switching, protection and connection apparatus totaled 7,342 tonnes, reflecting a moderate 9.4% decrease compared to the previous year. Over the 2017-2020 period, imports increased by 6.2%, with an annualized growth rate of 2.0%. The lowest import volume was recorded in 2018 at 6,775 tonnes, while the peak was in 2019 at 8,100 tonnes, which also saw the largest increase of 19.6%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

Between 2017 and 2020, Germany (21.7% of import volume), Italy (19.5%), and France (14.4%) were the main sources for Spain's imports of high-voltage switching, protection and connection apparatus. Together, these three countries accounted for 55.6% 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, M $ US

After two years of growth, Spain's imports of high-voltage switching, protection and connection apparatus declined in 2020. The import value for that year was 79.7 million US dollars, showing a modest decrease of 7.4% from the previous year. However, over the 2017-2020 period, imports increased by 32.1%, with an annualized growth rate of 9.7%. The highest import value was recorded in 2019 at 136.0 million US dollars, while the largest increase occurred in 2018 at 38.6%.

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

Throughout 2017-2020, Germany, Italy, and France remained the dominant sources for Spain's imports of high-voltage switching, protection and connection apparatus in value terms. Together, these three markets accounted for 52.2% 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