Italy: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Italy

The Italian chain scoops and sliders market dropped to $X in 2022, with a decrease of -8.9% against the previous year. Over the period under review, consumption, however, saw temperate growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Italy

In value terms, chain scoops and sliders production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw mild growth. The pace of growth was the most pronounced in 2018 with an increase of 54% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Italy

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips exported from Italy rose notably to X tons, picking up by 7.2% on the previous year's figure. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 26%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, chain scoops and sliders exports amounted to $X in 2022. The total export value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for chain scoops and sliders exports from Italy, with a 38% share of total exports. Moreover, chain scoops and sliders exports to Turkey exceeded the volume sent to the second major destination, Switzerland (X tons), fivefold. The third position in this ranking was taken by Hungary (X tons), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+6.9% per year) and Hungary (-2.8% per year).

In value terms, Turkey ($X), Switzerland ($X) and France ($X) appeared to be the largest markets for chain scoops and sliders exported from Italy worldwide, together accounting for 56% of total exports.

Switzerland, with a CAGR of +10.0%, saw the highest rates of growth with regard to 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

The average chain scoops and sliders export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 16% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Egypt ($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 France (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Italy

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were imported into Italy; remaining stable against 2021. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, chain scoops and sliders imports totaled $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest chain scoops and sliders supplier to Italy, with a 46% share of total imports. Moreover, chain scoops and sliders imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. Indonesia (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+0.2% per year) and Indonesia (+2.1% per year).

In value terms, the largest chain scoops and sliders suppliers to Italy were Switzerland ($X), Japan ($X) and China ($X), with a combined 76% share of total imports.

Among the main suppliers, Switzerland, with a CAGR of +12.5%, recorded 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

The average chain scoops and sliders import price stood at $X per ton in 2022, with an increase of 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Switzerland ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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