Italy: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in Italy

In 2021, after two years of growth, there was significant decline in the Italian endless machinery band market, when its value decreased by -19.2% to $X. Over the period under review, consumption, however, showed a remarkable increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Endless Machinery Band Production in Italy

In value terms, endless machinery band production fell rapidly to $X in 2021 estimated in export price. In general, production, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 621% against the previous year. As a result, production reached the peak level of $X, and then contracted notably in the following year.

Endless Machinery Band Exports

Exports from Italy

In 2021, approx. X square meters of endless bands for machinery, of stainless steel were exported from Italy; with an increase of 17% on the year before. The total export volume increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, endless machinery band exports rose notably to $X in 2021. In general, exports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 11%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X square meters), Germany (X square meters) and the United States (X square meters) were the main destinations of endless machinery band exports from Italy, together comprising 52% of total exports. Turkey, Switzerland, Poland, Slovenia, France, Panama, Costa Rica, Bosnia and Herzegovina and the UK lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bosnia and Herzegovina (with a CAGR of +40.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for endless machinery band exported from Italy were Germany ($X), Spain ($X) and the United States ($X), together comprising 51% of total exports. These countries were followed by Turkey, Switzerland, Poland, Slovenia, France, the UK, Bosnia and Herzegovina, Costa Rica and Panama, which together accounted for a further 27%.

In terms of the main countries of destination, Bosnia and Herzegovina, with a CAGR of +32.5%, recorded the highest growth rate of 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 endless machinery band export price stood at $X per square meter in 2021, declining by -10.1% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 20%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per square meter), while the average price for exports to Panama ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.0%), while the prices for the other major destinations experienced a decline.

Endless Machinery Band Imports

Imports into Italy

In 2021, after two years of decline, there was significant growth in purchases abroad of endless bands for machinery, of stainless steel, when their volume increased by 5.7% to X square meters. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 54%. Imports peaked at X square meters in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, endless machinery band imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 40%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest endless machinery band supplier to Italy, with a 44% share of total imports. Moreover, endless machinery band imports from China exceeded the figures recorded by the second-largest supplier, Germany (X square meters), threefold. The third position in this ranking was taken by the Netherlands (X square meters), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.0% per year) and the Netherlands (+23.0% per year).

In value terms, Spain ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest endless machinery band suppliers to Italy, together accounting for 61% of total imports. China, the UK, France and Hungary lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, the UK, with a CAGR of +14.4%, recorded the highest growth rate of 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

In 2021, the average endless machinery band import price amounted to $X per square meter, picking up by 6.3% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2014 an increase of 84%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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