Italy: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Italy

The Italian multiple-walled insulating glass unit market reached $X in 2021, surging by 9.2% against the previous year. In general, consumption continues to indicate a noticeable decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Italy

In value terms, multiple-walled insulating glass unit production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the production volume increased by 36%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Italy

In 2021, shipments abroad of multiple-walled insulating units of glass increased by 22% to X square meters for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% 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 -13.8% against 2018 indices. The growth pace was the most rapid in 2016 when exports increased by 35% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. Over the period under review, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% 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 -5.4% against 2018 indices. The growth pace was the most rapid in 2017 when exports increased by 39%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X square meters), Switzerland (X square meters) and the United States (X square meters) were the main destinations of multiple-walled insulating glass unit exports from Italy, together accounting for 41% of total exports. Albania, the Czech Republic, the UK, Spain, Sweden, Israel, Thailand, China and Romania lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +126.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Switzerland ($X) and France ($X) appeared to be the largest markets for multiple-walled insulating glass unit exported from Italy worldwide, together accounting for 43% of total exports. These countries were followed by the UK, Albania, Spain, Sweden, the Czech Republic, Israel, China, Romania and Thailand, which together accounted for a further 32%.

The Czech Republic, with a CAGR of +117.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, rising by 6.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 21%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to the Czech Republic ($X per square meter) 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 (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Italy

After two years of decline, overseas purchases of multiple-walled insulating units of glass increased by 139% to X square meters in 2021. In general, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit imports soared to $X in 2021. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X square meters), Germany (X square meters) and Croatia (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to Italy, with a combined 60% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +94.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Romania ($X) constituted the largest multiple-walled insulating glass unit suppliers to Italy, with a combined 60% share of total imports.

Poland, with a CAGR of +89.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, rising by 5.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Croatia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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