Vacuum moulding and thermoforming machines for working rubber or plastics market in Spain

Earlier Report Observations

Between 2018 and 2020, the Spanish market for vacuum and thermoforming machines experienced fluctuating import levels. Initial strong demand in 2018 was fueled by the need for efficient plastic packaging in several industries, alongside technological advances in automation. However, high capital costs and growing competition from alternative molding methods led to a decline in imports by 2019. The COVID-19 outbreak in 2020 further disrupted supply chains and reduced demand in key sectors, though demand for food and medical packaging partially counterbalanced the slump.

Recovery emerged in 2021 as imports rebounded sharply, supported by investments in automation and AI-enhanced systems. The following year, EU regulations on single-use plastics and labeling accelerated the adoption of machines capable of handling recycled and bio-based materials, directing market growth toward more sustainable equipment.

From 2022 onward, the market's value rose steadily from 14.6 million dollars to 26.5 million dollars by 2024. In unit terms, sales climbed from 2 800 units in 2022 to 3 225 units in 2023 before surging to 29 614 units in 2024, indicating a substantial expansion in physical volume alongside the ongoing transition to advanced machinery.

Production vacuum moulding and thermoforming machines for working rubber or plastics in Spain

According to Faostat, there is no production of vacuum moulding and thermoforming machines for working rubber or plastics in Spain.

Exports vacuum moulding and thermoforming machines for working rubber or plastics from Spain

Exports in kind, unit

The data reveals irregular changes, indicating a volatile market environment. Exports reached their minimum in 2019 at 190 units, then increased by 28.4% to 244 units in 2020. The maximum was recorded in 2018 at 8 645 units, representing a 2,527.7% increase from the previous year. The largest decline occurred in 2019, with a 97.8% drop. Overall, exports fluctuated dramatically, changing by 46 times from the peak in 2018 to the trough in 2019.

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

From 2017 to 2020, virtually all exports in kind of vacuum moulding and thermoforming machines for working rubber or plastics from Spain were associated with the United Kingdom, which accounted for 90.4% of total 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 a two-year advance, exported vacuum moulding and thermoforming machines for working rubber or plastics volumes from Spain declined. In 2020, exports totalled 4 131 K $ US, down by 17.4% compared to the prior year. The maximum value was recorded in 2019 at 4 999 K $ US, following an 8.9% increase in 2018. Over the period 2017-2020, exports decreased by 2.7%, with a compound annual growth rate of 0.9%.

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

The country composition of exports in value terms from 2017 to 2020 was dispersed. The United States accounted for 9.4% of exports, Portugal for 9.3%, and Germany for 8.2%, together forming just 26.9% of total flows. The remaining 73.1% was split among a wide range of other destinations.

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

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

Imports vacuum moulding and thermoforming machines for working rubber or plastics to Spain

Imports in kind, unit

The data reveals irregular changes, indicating a volatile market environment. Imports reached their minimum in 2019 at 3 566 units, then increased by 17.1% to 4 177 units in 2020. The peak was in 2017, with a 28-fold gap to the 2019 trough. The largest decline occurred in 2018, with a 91.9% drop.

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

From 2017 to 2020, Italy, the United Kingdom, and Germany were the main sources for vacuum moulding and thermoforming machines for working rubber or plastics to Spain. Italy accounted for 48.9% of imports in kind, the United Kingdom for 24.5%, and Germany for 17.0%, together representing 90.4% of total imports.

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

Foreign vacuum moulding and thermoforming machines for working rubber or plastics supplies to Spain declined for the second consecutive year. In 2020, imports reached 11 340 K $ US, a sharp reduction of 31.2% year-over-year. The maximum value was recorded in 2018 at 17 268 K $ US, following a 39.4% increase that year. Between 2017 and 2020, imports decreased by 8.5%, equating to an annualized rate of 2.9%.

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

From 2017 to 2020, Germany, Austria, and Italy continued to be the main suppliers of vacuum moulding and thermoforming machines for working rubber or plastics to Spain in value terms. Germany accounted for 41.9% of imports, Austria for 16.0%, and Italy for 12.7%, jointly forming 70.7% of total imports.

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

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