Italy: Market for Equipment For Internal Combustion Engines 2025

Market Size for Equipment For Internal Combustion Engines in Italy

The Italian internal combustion engine equipment market reduced to $X in 2022, declining by -9.6% against the previous year. Overall, consumption continues to indicate a noticeable curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Equipment For Internal Combustion Engines in Italy

In value terms, internal combustion engine equipment production soared to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. Internal combustion engine equipment production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Equipment For Internal Combustion Engines

Exports from Italy

In 2022, overseas shipments of equipment for internal combustion engines increased by 10% to X units, rising for the seventh consecutive year after three years of decline. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, internal combustion engine equipment exports fell remarkably to $X in 2022. Overall, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 26%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Poland (X units) and France (X units) were the main destinations of internal combustion engine equipment exports from Italy, with a combined 51% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +18.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for internal combustion engine equipment exported from Italy were Germany ($X), Poland ($X) and France ($X), together accounting for 51% of total exports.

In terms of the main countries of destination, France, with a CAGR of +9.0%, saw 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

In 2022, the average internal combustion engine equipment export price amounted to $X per unit, declining by -27.8% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per unit) and the Czech Republic ($X per unit), while the average price for exports to the UK ($X per unit) and France ($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 Poland (-8.3%), while the prices for the other major destinations experienced a decline.

Imports of Equipment For Internal Combustion Engines

Imports into Italy

After two years of growth, supplies from abroad of equipment for internal combustion engines decreased by -36.5% to X units in 2022. Over the period under review, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, internal combustion engine equipment imports declined dramatically to $X in 2022. Overall, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of internal combustion engine equipment to Italy, with a 47% share of total imports. Moreover, internal combustion engine equipment imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fourfold. China (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+63.5% per year) and China (-8.4% per year).

In value terms, Germany ($X) constituted the largest supplier of equipment for internal combustion engines to Italy, comprising 47% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total imports. It was followed by China, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+62.1% per year) and China (-9.1% per year).

Import Prices by Country

The average internal combustion engine equipment import price stood at $X per unit in 2022, with a decrease of -1.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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