Italy: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2025

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Italy

The Italian market for iron or steel gas domestic cooking appliances and plate warmers surged to $X in 2022, jumping by 794% against the previous year. Over the period under review, consumption enjoyed a perceptible expansion. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Italy

In value terms, production of iron or steel gas domestic cooking appliances and plate warmers declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Italy

In 2022, the amount of iron or steel gas domestic cooking appliances and plate warmers exported from Italy contracted markedly to X units, dropping by -22.2% against 2021 figures. In general, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers shrank notably to $X in 2022. Over the period under review, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Saudi Arabia (X units) and the UK (X units) were the main destinations of exports of iron or steel gas domestic cooking appliances and plate warmers from Italy, with a combined 43% share of total exports. Spain, Poland, Germany, Australia, Romania, Mexico, the Netherlands, the United States, Morocco and Jordan lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +4.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel gas domestic cooking appliances and plate warmers exported from Italy were Saudi Arabia ($X), the United States ($X) and France ($X), with a combined 40% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +12.5%, recorded 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 export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 11% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Italy

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Italy; which is down by -13.6% compared with the previous year's figure. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers shrank to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Turkey (X units), China (X units) and Spain (X units) were the main suppliers of imports of iron or steel gas domestic cooking appliances and plate warmers to Italy, together accounting for 72% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +12.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel gas domestic cooking appliances and plate warmers suppliers to Italy were Turkey ($X), China ($X) and France ($X), together accounting for 73% of total imports.

In terms of the main suppliers, China, with a CAGR of +15.2%, 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

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, growing by 5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 25%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform