Italy: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Italy

In 2022, the Italian market for non-domestic percolators and equipment for cooking or heating food increased by 148% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Italy

In value terms, production of non-domestic percolators and equipment for cooking or heating food dropped notably to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 57%. As a result, production reached the peak level of $X, and then dropped remarkably in the following year.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Italy

In 2022, shipments abroad of non-domestic percolators and equipment for cooking or heating food decreased by -12.1% to X units for the first time since 2017, thus ending a four-year rising trend. The total export volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 29%. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food expanded sharply to $X in 2022. The total export value increased at an average annual rate of +5.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Italy, with a combined 23% share of total exports. China, the UK, Spain, South Korea, Australia, Saudi Arabia, the Netherlands, the United Arab Emirates, Poland and Greece lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +12.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Italy were the United States ($X), Germany ($X) and France ($X), with a combined 23% share of total exports. China, the UK, Spain, South Korea, Australia, Saudi Arabia, the Netherlands, the United Arab Emirates, Poland and Greece lagged somewhat behind, together accounting for a further 35%.

China, with a CAGR of +14.7%, recorded the highest rates of growth with regard to 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 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, with an increase of 20% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food increased by +50.8% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per unit) and France ($X per unit), while the average price for exports to Poland ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Italy

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food imported into Italy surged to X units, jumping by 61% against the previous year's figure. Over the period under review, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Romania (X units) and China (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Italy, with a combined 62% share of total imports. Spain, France, the United States, Switzerland, Sweden, the Czech Republic, Belgium, South Korea, Austria and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +75.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and China ($X) appeared to be the largest non-domestic percolators and equipment for cooking or heating food suppliers to Italy, with a combined 63% share of total imports. Spain, France, the United States, Switzerland, Sweden, the Czech Republic, Belgium, Austria, South Korea and the UK lagged somewhat behind, together comprising a further 31%.

South Korea, with a CAGR of +65.7%, saw the highest rates of growth with regard to 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 import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, with a decrease of -3.4% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 51%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform