Italy: Food Mixer Market 2024

Food Mixer Market Size in Italy

In 2022, the Italian food mixer market decreased by -72.5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Food Mixer Production in Italy

In value terms, food mixer production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a slight increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Food Mixer Exports

Exports from Italy

Food mixer exports from Italy fell modestly to X units in 2022, with a decrease of -3.3% on 2021. Overall, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +13.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.1% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by 165% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, food mixer exports plummeted to $X in 2022. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 86% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Germany (X units) was the main destination for food mixer exports from Italy, with a 14% share of total exports. Moreover, food mixer exports to Germany exceeded the volume sent to the second major destination, Romania (X units), twofold. Poland (X units) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+45.1% per year) and Poland (+20.6% per year).

In value terms, Germany ($X) remains the key foreign market for domestic food grinders and mixers and fruit or vegetable juice extractors exports from Italy, comprising 14% of total exports. The second position in the ranking was held by Romania ($X), with a 6.7% share of total exports. It was followed by Poland, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+29.4% per year) and Poland (+17.2% per year).

Export Prices by Country

The average food mixer export price stood at $X per unit in 2022, waning by -29.3% against the previous year. Overall, the export price saw a deep setback. The growth pace was the most rapid in 2020 an increase of 56% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Romania ($X per unit), while the average price for exports to South Korea ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Food Mixer Imports

Imports into Italy

After three years of growth, overseas purchases of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -56.8% to X units in 2022. In general, imports showed a slight downturn. The pace of growth was the most pronounced in 2020 with an increase of 43%. Over the period under review, imports reached the maximum at X units in 2021, and then fell rapidly in the following year.

In value terms, food mixer imports contracted remarkably to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of food mixer to Italy, accounting for a 58% share of total imports. Moreover, food mixer imports from China exceeded the figures recorded by the second-largest supplier, Romania (X units), fivefold. Belgium (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+146.6% per year) and Belgium (+24.6% per year).

In value terms, China ($X) constituted the largest supplier of domestic food grinders and mixers and fruit or vegetable juice extractors to Italy, comprising 58% of total imports. The second position in the ranking was taken by Romania ($X), with a 12% share of total imports. It was followed by Belgium, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+176.1% per year) and Belgium (+11.5% per year).

Import Prices by Country

In 2022, the average food mixer import price amounted to $X per unit, rising by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovenia ($X per unit) and Romania ($X per unit), while the price for Hungary ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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