Italy: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Italy

In 2021, after two years of decline, there was significant growth in the Italian metal deburring machine market, when its value increased by 14% to $X. Overall, consumption, however, recorded a noticeable setback. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Production in Italy

In value terms, metal deburring machine production rose markedly to $X in 2021 estimated in export price. Overall, production, however, showed a drastic downturn. Metal deburring machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from Italy

Metal deburring machine exports from Italy surged to X units in 2021, rising by 18% compared with the previous year. Overall, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal deburring machine exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X units), the United States (X units) and Switzerland (X units) were the main destinations of metal deburring machine exports from Italy, with a combined 44% share of total exports. Russia, the Czech Republic, the United Arab Emirates, Germany, France, Spain, Japan, Greece, Romania and Thailand lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +48.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for machines for deburring or polishing metal exports from Italy, comprising 25% of total exports. The second position in the ranking was taken by Finland ($X), with a 6.8% share of total exports. It was followed by Germany, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+43.4% per year) and Germany (-20.7% per year).

Export Prices by Country

The average metal deburring machine export price stood at $X per unit in 2021, with an increase of 8.7% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 62%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Greece ($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 France (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Italy

In 2021, overseas purchases of machines for deburring or polishing metal were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 116% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, metal deburring machine imports skyrocketed to $X in 2021. Overall, imports continue to indicate a remarkable increase. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Switzerland (X units) constituted the largest metal deburring machine supplier to Italy, accounting for a 68% share of total imports. Moreover, metal deburring machine imports from Switzerland exceeded the figures recorded by the second-largest supplier, Austria (X units), sixfold. The Netherlands (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from Switzerland amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.8% per year) and the Netherlands (+80.6% per year).

In value terms, Switzerland ($X), Germany ($X) and China ($X) were the largest metal deburring machine suppliers to Italy, with a combined 87% share of total imports. These countries were followed by the United States, the Netherlands and Austria, which together accounted for a further 5.7%.

In terms of the main suppliers, the Netherlands, with a CAGR of +74.9%, 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 more modest paces of growth.

Import Prices by Country

The average metal deburring machine import price stood at $X per unit in 2021, growing by 46% against the previous year. Overall, the import price recorded a strong expansion. The growth pace was the most rapid in 2014 an increase of 70% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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