Italy: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Italy

The Italian market for in-hand motor grinders, sanders and planers skyrocketed to $X in 2021, increasing by 50% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +113.6% against 2013 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Italy

In 2021, overseas shipments of in-hand motor grinders, sanders and planers increased by 7.2% to X units, rising for the seventh consecutive year after two years of decline. Overall, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 48% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, exports of in-hand motor grinders, sanders and planers stood at $X in 2021. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 when exports increased by 32% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Malta (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Italy, with a combined 42% share of total exports. These countries were followed by Spain, Belgium, the Czech Republic, Austria, Poland, the United States, the UK, Greece, the Netherlands and Switzerland, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +34.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and the United States ($X) constituted the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Italy worldwide, with a combined 32% share of total exports. France, Belgium, the UK, the Netherlands, Poland, Greece, Austria, the Czech Republic, Switzerland and Malta lagged somewhat behind, together accounting for a further 38%.

The Czech Republic, with a CAGR of +28.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, rising by 4.2% against the previous year. Over the period under review, the export price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 16%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Malta ($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 Greece (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Italy

Imports of in-hand motor grinders, sanders and planers into Italy soared to X units in 2021, jumping by 35% against the year before. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.1% 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 increased by +118.3% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest electromechanical tools for working in the hand, with self-contained electric motor supplier to Italy, accounting for a 36% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.5% per year) and Germany (+0.6% per year).

In value terms, China ($X), Germany ($X) and Austria ($X) were the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Italy, together accounting for 58% of total imports. Belgium, France, Romania, Spain, Hungary and the Netherlands lagged somewhat behind, together comprising a further 32%.

Romania, with a CAGR of +22.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, rising by 6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 6.4% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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