Italy: Concrete Pump Market 2024

Concrete Pump Market Size in Italy

In 2021, the Italian concrete pump market decreased by -23.7% to $X, falling for the second consecutive year after three years of growth. Overall, consumption showed a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Concrete Pump Production in Italy

In value terms, concrete pump production rose remarkably to $X in 2021 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 76% against the previous year. Concrete pump production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Concrete Pump Exports

Exports from Italy

Concrete pump exports from Italy was estimated at X units in 2021, approximately mirroring the previous year. Over the period under review, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 when exports increased by 14%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports soared to $X in 2021. In general, exports, however, showed a perceptible descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for concrete pump exports from Italy, with a 37% share of total exports. Moreover, concrete pump exports to the United States exceeded the volume sent to the second major destination, France (X units), twofold. India (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.9% per year) and India (+40.9% per year).

In value terms, the largest markets for concrete pump exported from Italy were France ($X), the United States ($X) and India ($X), with a combined 36% share of total exports.

India, with a CAGR of +57.9%, saw the highest rates of growth with regard to 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 2021, the average concrete pump export price amounted to $X per unit, increasing by 44% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into Italy

In 2021, imports of concrete pumps into Italy surged to X units, rising by 487% compared with 2020 figures. Over the period under review, imports showed a significant expansion. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports soared to $X in 2021. Overall, imports continue to indicate a temperate increase. The growth pace was the most rapid in 2018 with an increase of 395%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X units) constituted the largest supplier of concrete pump to Italy, accounting for a 89% share of total imports. Moreover, concrete pump imports from France exceeded the figures recorded by the second-largest supplier, Ireland (X units), more than tenfold. Serbia (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +81.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (0.0% per year) and Serbia (+59.7% per year).

In value terms, France ($X) constituted the largest supplier of concrete pumps to Italy, comprising 67% of total imports. The second position in the ranking was taken by Serbia ($X), with a 6.7% share of total imports. It was followed by China, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +94.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+157.5% per year) and China (-23.8% per year).

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, waning by -76.2% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 189% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+61.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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