Italy: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in Italy

The Italian appliance part brush market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption enjoyed a moderate increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Appliance Part Brush Production in Italy

In value terms, appliance part brush production skyrocketed to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -16.5% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 53% against the previous year. Appliance part brush production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Appliance Part Brush Exports

Exports from Italy

In 2022, the amount of brushes constituting parts of appliances exported from Italy totaled X units, picking up by 4.1% compared with the previous year's figure. Overall, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +7.4% 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 +23.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, appliance part brush exports amounted to $X in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% 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 +34.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for appliance part brush exports from Italy, with a 26% share of total exports. Moreover, appliance part brush exports to Germany exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was held by France (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.6% per year) and France (+21.3% per year).

In value terms, Germany ($X), the United States ($X) and Spain ($X) were the largest markets for appliance part brush exported from Italy worldwide, with a combined 48% share of total exports. France, Belgium, the Netherlands, Poland, Sweden, Argentina, India, the United Arab Emirates, Austria and Hungary lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, Poland, with a CAGR of +18.8%, 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

The average appliance part brush export price stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into Italy

In 2022, supplies from abroad of brushes constituting parts of appliances increased by 25% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, appliance part brush imports expanded markedly to $X in 2022. In general, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Poland (X units) constituted the largest supplier of appliance part brush to Italy, with a 44% share of total imports. Moreover, appliance part brush imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by China (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and China (+11.7% per year).

In value terms, the largest appliance part brush suppliers to Italy were Germany ($X), Poland ($X) and China ($X), together accounting for 67% of total imports. Romania, Portugal, Spain, Slovakia and Greece lagged somewhat behind, together comprising a further 14%.

Greece, with a CAGR of +36.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 appliance part brush import price amounted to $X per unit, waning by -9.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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