Italy: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in Italy

The Italian market for instrument panel and wall clocks fell rapidly to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption showed a abrupt descent. The growth pace was the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Production of Instrument Panel And Wall Clocks in Italy

In value terms, instrument panel and wall clock production contracted dramatically to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% y-o-y. Instrument panel and wall clock production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from Italy

In 2020, the amount of instrument panel and wall clocks exported from Italy reduced remarkably to X tons, declining by -X% against 2019 figures. Overall, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, instrument panel and wall clock exports reduced notably to $X in 2020. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Greece (X tons) and Spain (X tons) were the main destinations of instrument panel and wall clock exports from Italy, with a combined X% share of total exports. These countries were followed by Germany, Egypt, Croatia, Israel, Russia, Qatar, the UK, Cyprus, the Czech Republic and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for instrument panel and wall clock exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to France stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Spain (-X% per year).

Export Prices by Country

In 2020, the average export price for instrument panel and wall clocks amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Qatar ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced a decline.

Imports of Instrument Panel And Wall Clocks

Imports into Italy

In 2020, the amount of instrument panel and wall clocks imported into Italy dropped notably to X tons, waning by -X% compared with 2019. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports contracted dramatically to $X in 2020. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest instrument panel and wall clock supplier to Italy, with a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. Belarus (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Belarus (+X% per year).

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clock to Italy, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Vietnam (+X% per year).

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, remaining stable against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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