Italy: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Italy

For the fourth year in a row, the Italian hand-held blow pipe market recorded decline in sales value, which decreased by -6.4% to $X in 2021. Over the period under review, consumption showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Hand-Held Blow Pipe Production in Italy

In value terms, hand-held blow pipe production stood at $X in 2021 estimated in export price. In general, production, however, saw a abrupt slump. Hand-held blow pipe production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Hand-Held Blow Pipe Exports

Exports from Italy

After three years of decline, overseas shipments of hand-held blow pipes for soldering, brazing or welding increased by 15% to X units in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 54%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, hand-held blow pipe exports expanded to $X in 2021. The total export value increased at an average annual rate of +2.6% 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 2016 with an increase of 10% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for hand-held blow pipe exports from Italy, accounting for a 42% share of total exports. Moreover, hand-held blow pipe exports to France exceeded the volume sent to the second major destination, the United States (X units), fivefold. Spain (X units) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.8% per year) and Spain (+7.4% per year).

In value terms, France ($X) remains the key foreign market for hand-held blow pipes for soldering, brazing or welding exports from Italy, comprising 37% of total exports. The second position in the ranking was held by Spain ($X), with a 7.3% share of total exports. It was followed by the United States, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.8% per year) and the United States (+14.7% per year).

Export Prices by Country

The average hand-held blow pipe export price stood at $X per unit in 2021, falling by -9.1% against the previous year. Over the period under review, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 9.7% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Held Blow Pipe Imports

Imports into Italy

In 2021, overseas purchases of hand-held blow pipes for soldering, brazing or welding were finally on the rise to reach X units after three years of decline. The total import volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, hand-held blow pipe imports surged to $X in 2021. In general, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest hand-held blow pipe supplier to Italy, accounting for a 76% share of total imports. Moreover, hand-held blow pipe imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Austria (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.6% per year) and Austria (+3.0% per year).

In value terms, the largest hand-held blow pipe suppliers to Italy were China ($X), Austria ($X) and Germany ($X), with a combined 86% share of total imports.

In terms of the main suppliers, China, with a CAGR of +7.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hand-held blow pipe import price stood at $X per unit in 2021, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. 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, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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