Spain - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Tool Exports in Spain Reach $5.9 Million by 2023
Spain Wood Tool Exports
In 2023, exports of tools of wood from Spain dropped to 1K tons, waning by -13.6% against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 when exports increased by 20% against the previous year. The exports peaked at 1.3K tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
In value terms, wood tool exports expanded rapidly to $5.9M (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +3.8% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.
| COUNTRY | Export Value of Wood Tool in Spain (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| France | 1,053 | 2,062 | 445 | 428 | 716 | 844 | 962 | 830 | 1,371 | 1,306 | 1,306 |
| Portugal | 503 | 540 | 344 | 397 | 363 | 445 | 257 | 473 | 563 | 789 | 1,265 |
| Germany | 227 | 405 | 352 | 626 | 981 | 492 | 355 | 531 | 862 | 737 | 603 |
| Greece | 597 | 492 | 333 | 398 | 350 | 439 | 392 | 474 | 536 | 495 | 576 |
| Morocco | 262 | 318 | 754 | 810 | 870 | 702 | 516 | 559 | 253 | 476 | 446 |
| Japan | 48.8 | 118 | 68.9 | 87.4 | 94.8 | 167 | 132 | 165 | 264 | 347 | 360 |
| Italy | 84.5 | 81.8 | 59.3 | 64.4 | 154 | 89.6 | 78.2 | 66.0 | 94.2 | 140 | 213 |
| Saudi Arabia | 557 | 325 | 203 | 295 | 219 | 115 | 194 | 114 | 54.9 | 105 | 69.3 |
| Others | 746 | 719 | 1,061 | 1,099 | 1,129 | 1,096 | 1,001 | 735 | 1,156 | 925 | 1,057 |
| Total | 4,078 | 5,061 | 3,619 | 4,204 | 4,877 | 4,390 | 3,888 | 3,948 | 5,155 | 5,321 | 5,895 |
Exports by Country
Morocco (356 tons), Greece (199 tons) and France (139 tons) were the main destinations of wood tool exports from Spain, together accounting for 68% of total exports. Portugal, Italy, Saudi Arabia, Germany and Japan lagged somewhat behind, together accounting for a further 15%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +20.9%), while the other leaders experienced more modest paces of growth.
In value terms, France ($1.3M), Portugal ($1.3M) and Germany ($603K) were the largest markets for wood tool exported from Spain worldwide, with a combined 54% share of total exports. Greece, Morocco, Japan, Italy and Saudi Arabia lagged somewhat behind, together accounting for a further 28%.
Among the main countries of destination, Japan, with a CAGR of +22.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the wood tool price amounted to $5,934 per ton (FOB, Spain), growing by 33% against the previous year. Over the period under review, export price indicated temperate growth from 2013 to 2023: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, wood tool export price increased by +79.8% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Portugal ($16,380 per ton), while the average price for exports to Morocco ($1,251 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the wood tool market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
