Italy: Market for Machines For The Manufacture Of Flat Panel Displays 2022

Market Size for Machines For The Manufacture Of Flat Panel Displays in Italy

The Italian panel display manufacturing machine market declined modestly to $X in 2021, which is down by -4.3% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -31.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Machines For The Manufacture Of Flat Panel Displays in Italy

In value terms, panel display manufacturing machine production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 20%. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Italy

In 2019, panel display manufacturing machine exports from Italy dropped significantly to X units, with a decrease of -75% on 2018 figures. In general, exports recorded a dramatic setback. The growth pace was the most rapid in 2018 when exports increased by 300%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

In value terms, panel display manufacturing machine exports fell remarkably to $X in 2019. Overall, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 126%. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

Exports by Country

From 2012 to 2021, the average annual growth rate of volume to No country was relatively modest.

In value terms, France ($X) emerged as the key foreign market for panel display manufacturing machine exports from Italy.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +3.0%.

Export Prices by Country

In 2019, the average panel display manufacturing machine export price amounted to $X per unit, with an increase of 54% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 77% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Germany ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+59.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Italy

In 2021, approx. X units of machines for the manufacture of flat panel displays were imported into Italy; declining by -15.4% compared with 2020 figures. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 1,425% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, panel display manufacturing machine imports soared to $X in 2021. Overall, imports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2019 with an increase of 602%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Switzerland (X units), China (X units) and Turkey (X units) were the main suppliers of panel display manufacturing machine imports to Italy, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were in Switzerland (with a CAGR of +150.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X), Turkey ($X) and China ($X) were the largest panel display manufacturing machine suppliers to Italy, with a combined 93% share of total imports.

Switzerland, with a CAGR of +148.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average panel display manufacturing machine import price amounted to $X per unit, with an increase of 205% against the previous year. In general, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for China ($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 (+12.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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