Earlier Report Observations
Between 2018 and 2024, the physical volume of the vehicle jacks and hoists market in Spain underwent a pronounced contraction and subsequent recovery. Sales fell from 2.2 million units in 2018 to a trough of 1.2 million units in 2021, before surging to 2.9 million units in 2023 and moderating to 2.5 million units in 2024.
In value terms, the market followed a different trajectory, declining to $45.4 million in 2020 but then expanding steadily to $88.4 million by 2024. This increase in market value occurred even as physical volume dipped in 2021, indicating a shift toward higher-value products or price inflation within the segment.
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 kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 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, 2018-2024, K unit
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, K $ 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, K unit
- 6.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, K unit
- 6.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, K unit
- 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/unit
- 6.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/unit
- 6.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/unit
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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, K unit
- 6.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, K unit
- 6.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, K unit
- 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/unit
- 6.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/unit
- 6.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/unit
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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, K unit
- 7.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, K unit
- 7.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, K unit
- 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/unit
- 7.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/unit
- 7.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/unit
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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, K unit
- 7.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, K unit
- 7.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, K unit
- 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/unit
- 7.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/unit
- 7.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/unit
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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, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 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 vehicle jacks and hoists in Spain
In value, 2017-2020, K $ US
Spain's production of vehicle jacks and hoists has declined for the second year in a row. In 2020, output was valued at 48 173 thousand US dollars, marking a 21.6% decrease compared to the previous year. From 2017 to 2020, production fell by 16.2%, which translates to an annualized decline of 5.7%. The peak was reached in 2018, with a value of 64 995 thousand US dollars, and that year also saw the largest increase at 13.0%.
Annual dynamics of production in Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.0% | (5.5%) | (21.6%) | (5.7%) |
In kind, 2017-2020, K unit
Production of vehicle jacks and hoists in Spain has dropped for the second consecutive year. In 2020, Spain produced 2 569 thousand units, which is 21.5% lower than the year before. Over the period from 2017 to 2020, production decreased by 9.9%, with a compound annual growth rate of -3.4%. The highest output was recorded in 2018 at 3 716 thousand units, and that year also experienced the largest increase of 30.3%.
Annual dynamics of production in Spain in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 30.3% | (12.0%) | (21.5%) | (3.4%) |
Exports vehicle jacks and hoists from Spain
Exports in kind, K unit
Exports of vehicle jacks and hoists from Spain have fallen for the second year running. In 2020, exports totaled 1 989 thousand units, representing a 21.6% drop from the previous year. From 2017 to 2020, exports declined by 23.2%, with an annualized decrease of 8.4%. The maximum volume was in 2018 at 2 800 thousand units, and that year saw the largest increase of 8.1%.
Annual dynamics of product's exports from Spain in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.1% | (9.4%) | (21.6%) | (8.4%) |
Between 2017 and 2020, three key markets—Germany, Czechia, and Turkey—collectively made up 68.1% of Spain's total exports of vehicle jacks and hoists in volume terms.
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
Exports of vehicle jacks and hoists from Spain have decreased for the second consecutive year. In 2020, exports amounted to 38 052 thousand US dollars, down 12.0% year-over-year. From 2017 to 2020, exports fell by 9%, equating to an annualized decline of 3.1%. The peak value was in 2018 at 45 360 thousand US dollars, and that year recorded the largest increase of 8.5%.
Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.5% | (4.7%) | (12.0%) | (3.1%) |
From 2017 to 2020, exports in value terms were spread across numerous partner countries. The United Kingdom, Germany, and France were the top three, accounting for 16.9%, 15.9%, and 12.6% of exports, respectively, but together they represented just 45.4% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Spain in value, 2017-2020
Imports vehicle jacks and hoists to Spain
Imports in kind, K unit
Imports of vehicle jacks and hoists into Spain declined in 2020, totaling 822 thousand units, which is 40.8% lower than in 2019. Between 2017 and 2020, imports decreased by 45%, with an annualized drop of 18.1%. The largest increase occurred in 2019, at 8.2%.
Annual dynamics of product's imports to Spain in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.1%) | 8.2% | (40.8%) | (18.1%) |
From 2017 to 2020, three main sources—China, France, and Turkey—together accounted for 62.2% of Spain's total imports of vehicle jacks and hoists in volume terms.
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
After rising for two years, imports of vehicle jacks and hoists into Spain declined. In 2020, imports stood at 35 327 thousand US dollars, showing a significant decrease of 21.1% compared to the previous year. From 2017 to 2020, imports fell by 11.3%, with an annualized decline of 3.9%. The highest value was in 2019 at 44 769 thousand US dollars, and the largest increase was in 2018 at 10.4%.
Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.4% | 1.7% | (21.1%) | (3.9%) |
Between 2017 and 2020, China, Italy, and Germany were the leading sources in the value breakdown of imports into Spain, with shares of 39.6%, 22.3%, and 9.6%, respectively. Together, they made up 71.5% 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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