Italy: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Italy

The Italian reel cutting slitter market declined remarkably to $X in 2022, with a decrease of -26.8% against the previous year. Overall, consumption, however, showed a deep setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Italy

In value terms, reel cutting slitter production dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 97% 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.

Reel Cutting Slitter Exports

Exports from Italy

In 2022, shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard increased by 49% to X units, rising for the second consecutive year after two years of decline. In general, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +80.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 56%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, reel cutting slitter exports soared to $X in 2022. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +71.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China (X units) was the main destination for reel cutting slitter exports from Italy, accounting for a 32% share of total exports. Moreover, reel cutting slitter exports to China exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was held by the United States (X units), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+29.0% per year) and the United States (+3.6% per year).

In value terms, China ($X) emerged as the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Italy, comprising 27% of total exports. The second position in the ranking was taken by the United States ($X), with a 10% share of total exports. It was followed by Turkey, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.1% per year) and Turkey (+22.5% per year).

Export Prices by Country

The average reel cutting slitter export price stood at $X per unit in 2022, reducing by -19.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank rapidly 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 Brazil ($X per unit), while the average price for exports to Egypt ($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 France (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Italy

Reel cutting slitter imports into Italy fell sharply to X units in 2022, declining by -27.8% compared with the previous year. Overall, imports, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. As a result, imports attained the peak of X units, and then contracted sharply in the following year.

In value terms, reel cutting slitter imports reduced to $X in 2022. Over the period under review, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X units), Germany (X units) and Spain (X units) were the main suppliers of reel cutting slitter imports to Italy, with a combined 70% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +22.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) constituted the largest reel cutting slitter suppliers to Italy, together comprising 70% of total imports. Spain, Japan, Switzerland, France, Argentina and the UK lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Argentina, with a CAGR of +264.2%, 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

The average reel cutting slitter import price stood at $X per unit in 2022, picking up by 21% against the previous year. In general, the import price, however, recorded a mild slump. The pace of growth appeared the most rapid in 2019 an increase of 25%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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