Italy: Insulating Fittings Market 2025

Insulating Fittings Market Size in Italy

The Italian insulating fittings market shrank markedly to $X in 2021, declining by -78.3% against the previous year. Over the period under review, consumption showed a abrupt decline. Insulating fittings consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Insulating Fittings Production in Italy

In value terms, insulating fittings production contracted to $X in 2021 estimated in export price. In general, production showed a noticeable descent. The pace of growth appeared the most rapid in 2020 when the production volume increased by 1,799%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Insulating Fittings Exports

Exports from Italy

Insulating fittings exports from Italy surged to X tons in 2021, jumping by 20% against the previous year's figure. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 137%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, insulating fittings exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 25% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for insulating fittings exports from Italy, with a 44% share of total exports. Moreover, insulating fittings exports to the United States exceeded the volume sent to the second major destination, Spain (X tons), ninefold. The third position in this ranking was taken by China (X tons), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +76.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+13.4% per year) and China (-34.3% per year).

In value terms, the largest markets for insulating fittings exported from Italy were Spain ($X), the United States ($X) and the United Arab Emirates ($X), together accounting for 24% of total exports. France, Romania, Peru, Germany, Tunisia, Poland, Turkey, Algeria, Tanzania and China lagged somewhat behind, together accounting for a further 33%.

Tanzania, with a CAGR of +122.7%, saw the highest rates of growth with regard to 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

In 2021, the average insulating fittings export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 204%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($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 France (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Imports

Imports into Italy

In 2021, after two years of growth, there was significant decline in overseas purchases of insulating fittings for electrical purposes, when their volume decreased by -7.7% to X tons. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2015 with an increase of 114% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, insulating fittings imports totaled $X in 2021. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 43%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Bulgaria (X tons) were the main suppliers of insulating fittings imports to Italy, together accounting for 90% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +470.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest insulating fittings suppliers to Italy were Bulgaria ($X), China ($X) and France ($X), with a combined 59% share of total imports.

In terms of the main suppliers, Bulgaria, with a CAGR of +423.0%, recorded the highest growth rate of 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 insulating fittings import price stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 183%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a 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 Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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