The market is dominated by foreign suppliers, as imports account for 67.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 85.8% of total demand in 2023. Spain has the eighth largest market size for electronic components, valves and tubes regionally, with demand reaching USD8.9 billion in 2023. Eurocir SA is the largest company in Spain, generating 3.0% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 13.0% of total production value in 2023. The total number of companies increases in 2023, to 715 units. The costs of the industry increase by 33.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 23.2% of production value in 2023, the third highest regionally. The industry’s exports share decreases in 2023 to 44.7% of total production output. With production value of USD5.3 billion, Spain accounts for 4.2% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Electronic Components, Valves and Tubes in Spain: ISIC 321. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electronic Components, Valves and Tubes in Spain: ISIC 321 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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