Italy: Transport Container Market 2024

Transport Container Market Size in Italy

The Italian transport container market surged to $X in 2022, with an increase of 383% against the previous year. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Transport Container Production in Italy

In value terms, transport container production surged to $X in 2022 estimated in export price. Overall, production posted noticeable growth. The most prominent rate of growth was recorded in 2019 with an increase of 358%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Transport Container Exports

Exports from Italy

In 2022, shipments abroad of transport containers increased by 74% to X units, rising for the sixth consecutive year after two years of decline. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, transport container exports surged to $X in 2022. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for transport container exports from Italy, with a 24% share of total exports. Moreover, transport container exports to Spain exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +29.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.7% per year) and Germany (+15.2% per year).

In value terms, France ($X) remains the key foreign market for transport containers exports from Italy, comprising 35% of total exports. The second position in the ranking was held by Spain ($X), with an 8% share of total exports. It was followed by the United States, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+27.3% per year) and the United States (+33.5% per year).

Export Prices by Country

The average transport container export price stood at $X per unit in 2022, dropping by -22.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 64%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 France ($X per unit), while the average price for exports to Finland ($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 Romania (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Italy

In 2022, supplies from abroad of transport containers increased by 29% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 82%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, transport container imports surged to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of transport container imports to Italy, together accounting for 64% of total imports. France, Spain, Austria, the United States, the UK, South Korea, Slovakia, Hungary and Romania lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +67.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of transport containers to Italy, comprising 32% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 16% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.2% per year) and the United States (-2.9% per year).

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, picking up by 10% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average 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 the United States ($X per unit), while the price for Romania ($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 UK (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :