Italy: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Italy

In 2021, the Italian motor vehicle engine market decreased by -0.9% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Motor Vehicle Engine Production in Italy

In value terms, motor vehicle engine production soared to $X in 2021 estimated in export price. Overall, production showed a abrupt decrease. The growth pace was the most rapid in 2014 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Motor Vehicle Engine Exports

Exports from Italy

In 2021, approx. X tons of motor vehicle engines (spark-ignition) were exported from Italy; increasing by 4.6% compared with the previous year. In general, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.5% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 40% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, motor vehicle engine exports rose notably to $X in 2021. Over the period under review, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 86% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for motor vehicle engine exports from Italy, with a 55% share of total exports. Moreover, motor vehicle engine exports to the United States exceeded the volume sent to the second major destination, Turkey (X tons), threefold. Poland (X tons) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +50.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+71.1% per year) and Poland (-20.4% per year).

In value terms, the United States ($X) remains the key foreign market for motor vehicle engines (spark-ignition) exports from Italy, comprising 67% of total exports. The second position in the ranking was taken by Turkey ($X), with a 9.8% share of total exports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +40.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+70.8% per year) and France (+3.5% per year).

Export Prices by Country

The average motor vehicle engine export price stood at $X per ton in 2021, increasing by 9% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motor vehicle engine export price increased by +62.6% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 39% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Serbia ($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 the UK (+1.2%), while the prices for the other major destinations experienced a decline.

Motor Vehicle Engine Imports

Imports into Italy

In 2021, motor vehicle engine imports into Italy was estimated at X tons, increasing by 3.1% against the year before. Overall, imports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 170% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports reduced to $X in 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 99%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest motor vehicle engine supplier to Italy, with a 57% share of total imports. Moreover, motor vehicle engine imports from France exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Brazil (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +89.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+15.1% per year) and Brazil (+159.9% per year).

In value terms, France ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Italy, comprising 46% of total imports. The second position in the ranking was taken by Poland ($X), with a 19% share of total imports. It was followed by Brazil, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from France totaled +73.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.2% per year) and Brazil (+137.7% per year).

Import Prices by Country

The average motor vehicle engine import price stood at $X per ton in 2021, dropping by -3.1% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 10%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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