Electro-Mechanical Tool Market Overview in Spain
In value terms, electro-mechanical tool production reduced to $ in 2018 estimated in export prices. In general, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2010 when the production volume increased by % year-to-year. Electro-mechanical tool production peaked at $ in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.
The size of the electro-mechanical tool market in Spain reduced modestly to $ in 2018, with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a perceptible decline. The growth pace was the most rapid in 2010 when the market value increased by % against the previous year. Electro-mechanical tool consumption peaked at $ in 2007; however, from 2008 to 2018, consumption remained at a lower figure.