Italy: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Italy

After three years of growth, the Italian market for mechanical appliances for projecting, dispersing or spraying decreased by -16.4% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. Consumption of peaked at $X in 2021, and then dropped markedly in the following year.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in Italy

In value terms, production of mechanical appliances for projecting, dispersing or spraying contracted to $X in 2022 estimated in export price. Over the period under review, production showed a slight slump. The pace of growth was the most pronounced in 2018 with an increase of 71%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Italy

In 2022, exports of mechanical appliances for projecting, dispersing or spraying from Italy fell slightly to X units, shrinking by -2.1% on 2021 figures. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 49% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2021, and then fell slightly in the following year.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying reduced to $X in 2022. Over the period under review, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 50% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

France (X units), Poland (X units) and Austria (X units) were the main destinations of exports of mechanical appliances for projecting, dispersing or spraying from Italy, together comprising 38% of total exports. Spain, the UK, Germany, Slovakia, Sweden, the United States, Russia, Israel, Georgia and Turkey lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Georgia (with a CAGR of +86.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mechanical appliances for projecting, dispersing or spraying exported from Italy were France ($X), Poland ($X) and Germany ($X), with a combined 32% share of total exports. Austria, Spain, the UK, the United States, Slovakia, Georgia, Sweden, Turkey, Russia and Israel lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Georgia, with a CAGR of +84.4%, 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

The average export price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, dropping by -3.9% 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 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 Germany (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Italy

In 2022, overseas purchases of mechanical appliances for projecting, dispersing or spraying decreased by -10.4% to X units, falling for the second year in a row after four years of growth. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.7% against 2020 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 15%. Over the period under review, imports of hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying reduced modestly to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +66.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

China (X units), Germany (X units) and Switzerland (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to Italy, together comprising 82% of total imports. Austria, Spain, France, Poland and Mexico lagged somewhat behind, together comprising a further 9.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +17.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of mechanical appliances for projecting, dispersing or spraying to Italy, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Switzerland, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.2% per year) and Switzerland (+8.0% per year).

Import Prices by Country

The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2022, surging by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 22%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Switzerland ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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