The Spanish market for pulley tackle and hoists powered by an electric motor skyrocketed to $X in 2021, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked in 2021 and is likely to see gradual growth in the immediate term.
In value terms, production of pulley tackle and hoists powered by an electric motor totaled $X in 2021 estimated in export price. In general, production recorded a mild downturn. Production of peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
In 2021, the overseas shipment of motor-driven pulley blocks and hoists increase by X% to X units, which is the fourth consecutive year of growth after two years of decline. During the reporting period, exports continued to show strong growth. The most significant growth rate occurred in 2020, an increase of X% over the previous year. During the reporting period, the export hit a new record in 2021, and it is likely to achieve stable growth in the short term.
In terms of value, the export of pulley skids and hoists driven by electric motors surge to $X in 2021. In general, the total export volume grow strongly from 2012 to 2021: during the past nine years, its value has increased at an average annual rate of+X%. However, trend patterns indicate that some significant fluctuations were recorded throughout the analysis period. In 2014, the export growth rate was the fastest, increasing by X%. In 2018, the export reached the peak of X dollars; However, from 2019 to 2021, exports failed to recover momentum.
Nueva Zelanda (X sets), Alemania (X sets) and México (X sets) are the main export destinations of España's electric pulley blocks and hoists, accounting for X% of the total exports.
From 2012 to 2021, among the major destination countries, New Zealand has the most significant growth rate of shipments (CAGR+X%), while other leading countries have moderate growth rates.
In terms of value, China (US $X), the Estados Unidos (US $X) and Mexico (US $X) are the world's largest pulley block and motor driven crane markets exported from Spain, accounting for X% of total exports. The Emiratos Árabes Unidos, Marruecosel Reino Unido, Germany, the República Dominicana, New Zealand, Paraguay, Burkina Faso, Togo and the Gambia are slightly behind. In addition, there are X countries. For the major destination countries during the reporting period, the Dominican Republic has a compound growth rate of+X%, with the highest export value growth rate, while the export growth rate of other major countries is relatively moderate.
In 2021, the overseas purchase of motor-driven pulley blocks and hoists increase by X% to X units, which increase for the fourth consecutive year after two years of decline. In general, imports increased significantly. Therefore, imports have reached a peak and may continue to grow in the short term.
In terms of value, the import of pulley blocks and hoists driven by electric motors soar to $X in 2021. From 2012 to 2021, the average annual growth of total imports is +X%; However, trend patterns indicate that some significant fluctuations were recorded throughout the analysis period. In 2018, the import reached the peak of X dollars; However, from 2019 to 2021, the number of imports has declined.
In 2021, China (X sets) become Spain's largest supplier of pulley blocks and electric hoists, accounting for X% of total imports. In addition, the number of pulley blocks and motor driven cranes imported from China is more than three times that of Italia (X sets), the second largest supplier. Germany (Taiwan X) ranks third in total imports with X% share.
From 2012 to 2021, China's average annual growth rate is+X%. The average annual import growth rate of the remaining supplier countries is as follows: Italy (+X% per year) and Germany (+X% per year).
In terms of value, Germany (US $X) is Spain's largest supplier of pulley blocks and motor driven cranes, accounting for X% of total imports. The second place is China (US $X), accounting for X% of total imports. It was followed by La India, with a share of X%.
From 2012 to 2021, the average annual growth rate of value from Germany is relatively moderate. The average annual import growth rate of the remaining supplier countries is as follows: China (+X% per year) and India (+X% per year).
In value terms, Germany constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Spain, comprising 42% of total imports. The second position in the ranking was taken by China, with a 13% share of total imports. It was followed by India, with a 12% share.
In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from Spain were China, the United States and Mexico, with a combined 37% share of total exports. The United Arab Emirates, Morocco, the UK, Germany, the Dominican Republic, New Zealand, Paraguay, Burkina Faso, Togo and Gambia lagged somewhat behind, together accounting for a further 16%.
The average export price for pulley tackle and hoists powered by an electric motor stood at $1,449 per unit in 2021, shrinking by -20.1% against the previous year.
The average import price for pulley tackle and hoists powered by an electric motor stood at $170 per unit in 2021, reducing by -13.6% against the previous year.
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