Italy: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Italy

The Italian inflator system airbag market amounted to $X in 2022, growing by 14% against the previous year. In general, consumption enjoyed buoyant growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Inflator System Airbag Production in Italy

In value terms, inflator system airbag production expanded markedly to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 81%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Inflator System Airbag Exports

Exports from Italy

In 2022, overseas shipments of airbags with inflator system and parts thereof increased by 12% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports fell slightly to $X in 2022. In general, exports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Austria (X tons) and Mexico (X tons) were the main destinations of inflator system airbag exports from Italy, with a combined 67% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +120.4%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Turkey ($X) and Mexico ($X) were the largest markets for inflator system airbag exported from Italy worldwide, with a combined 63% share of total exports.

Austria, with a CAGR of +115.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average inflator system airbag export price amounted to $X per ton, waning by -10.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Inflator System Airbag Imports

Imports into Italy

In 2022, purchases abroad of airbags with inflator system and parts thereof increased by 5% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, showed a perceptible decrease. The growth pace was the most rapid in 2015 when imports increased by 102%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, inflator system airbag imports amounted to $X in 2022. Over the period under review, imports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2015 when imports increased by 74%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest inflator system airbag supplier to Italy, accounting for a 31% share of total imports. Moreover, inflator system airbag imports from Poland exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.9% per year) and Taiwan (Chinese) (+162.4% per year).

In value terms, the largest inflator system airbag suppliers to Italy were Germany ($X), Poland ($X) and China ($X), together comprising 58% of total imports. Austria, Hungary, Taiwan (Chinese), the United States, North Macedonia, Mexico, Romania, Tunisia, Spain and South Korea lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +134.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average inflator system airbag import price amounted to $X per ton, with a decrease of -2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 18%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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