Italy: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Italy

In 2022, the Italian billiard accessoires market decreased by -53% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a abrupt decline. Billiard accessoires consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Billiard Accessoires Production in Italy

In value terms, billiard accessoires production fell to $X in 2022 estimated in export price. Over the period under review, production recorded buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 327%. Over the period under review, production reached the maximum level at $X in 2021, and then dropped modestly in the following year.

Billiard Accessoires Exports

Exports from Italy

In 2022, overseas shipments of articles and accessories for billiards increased by 26% to X tons, rising for the second year in a row after two years of decline. In general, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, billiard accessoires exports stood at $X in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Denmark (X tons), the UK (X tons) and Germany (X tons) were the main destinations of billiard accessoires exports from Italy, with a combined 31% share of total exports. Canada, the United States, France, Libya, Croatia, Saudi Arabia, Switzerland, Albania, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +30.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for billiard accessoires exported from Italy were the United States ($X), the Netherlands ($X) and the UK ($X), together accounting for 31% of total exports. France, Saudi Arabia, Denmark, Germany, Belgium, Switzerland, Croatia, Libya, Albania and Canada lagged somewhat behind, together comprising a further 27%.

Saudi Arabia, with a CAGR of +26.9%, saw the highest growth rate of the value of exports, in terms of 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 billiard accessoires export price amounted to $X per ton, which is down by -18.8% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, billiard accessoires export price decreased by -26.4% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($X per ton), while the average price for exports to Canada ($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 Saudi Arabia (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Italy

In 2022, overseas purchases of articles and accessories for billiards decreased by -42.7% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 56%. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, billiard accessoires imports shrank rapidly to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 272% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of billiard accessoires to Italy, with a 66% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+15.4% per year) and Germany (-23.1% per year).

In value terms, the largest billiard accessoires suppliers to Italy were France ($X), China ($X) and Germany ($X), with a combined 71% share of total imports. The Netherlands, Spain, Belgium and the UK lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, Spain, with a CAGR of +40.6%, saw the highest growth rate of 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 billiard accessoires import price amounted to $X per ton, shrinking by -25.8% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 138%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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