Italy: Capacitor Market 2024

Capacitor Market Size in Italy

The Italian capacitor market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption continues to indicate a strong increase. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Capacitor Production in Italy

In value terms, capacitor production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 77%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Capacitor Exports

Exports from Italy

After four years of decline, overseas shipments of electrical capacitors increased by 31% to X tons in 2021. Overall, exports, however, showed a perceptible curtailment. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, capacitor exports surged to $X in 2021. Over the period under review, exports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of 16% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for capacitor exports from Italy, accounting for a 25% share of total exports. Moreover, capacitor exports to Slovakia exceeded the volume sent to the second major destination, Turkey (X tons), threefold. France (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+6.2% per year) and France (-10.8% per year).

In value terms, the largest markets for capacitor exported from Italy were the Czech Republic ($X), France ($X) and Germany ($X), together comprising 34% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +50.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average capacitor export price stood at $X per ton in 2021, falling by -12.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Italy

In 2021, supplies from abroad of electrical capacitors was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, capacitor imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Romania (X tons) and China (X tons) were the main suppliers of capacitor imports to Italy, together comprising 70% of total imports. The Netherlands, Belgium, the Czech Republic and Thailand lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +22.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electrical capacitors to Italy, comprising 37% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Romania, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.1% per year) and Romania (-0.6% per year).

Import Prices by Country

In 2021, the average capacitor import price amounted to $X per ton, dropping by -2.6% against the previous year. Overall, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2018 an increase of 20%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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