Italy: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Italy

After four years of growth, the Italian respiration apparatus market decreased by -62.6% to $X in 2021. In general, consumption, however, enjoyed a tangible expansion. As a result, consumption reached the peak level of $X, and then dropped remarkably in the following year.

Respiration Apparatus Production in Italy

In value terms, respiration apparatus production reduced notably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate moderate growth. The growth pace was the most rapid in 2020 with an increase of 176%. As a result, production reached the peak level of $X, and then contracted dramatically in the following year.

Respiration Apparatus Exports

Exports from Italy

In 2021, the amount of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exported from Italy soared to X tons, growing by 24% compared with 2020. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 43%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, respiration apparatus exports shrank slightly to $X in 2021. Over the period under review, exports posted buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for respiration apparatus exports from Italy, accounting for a 34% share of total exports. Moreover, respiration apparatus exports to the Netherlands exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled +67.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+0.7% per year) and Spain (+24.0% per year).

In value terms, the largest markets for respiration apparatus exported from Italy were Spain ($X), the Netherlands ($X) and Switzerland ($X), together accounting for 46% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +54.1%, saw 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 respiration apparatus export price stood at $X per ton in 2021, reducing by -22.1% against the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Russia ($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 (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into Italy

In 2021, imports of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus into Italy reduced notably to X tons, which is down by -57.3% against 2020. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 160%. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, respiration apparatus imports declined markedly to $X in 2021. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 85% against the previous year. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

China (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of respiration apparatus imports to Italy, together accounting for 64% of total imports. The Netherlands, France, Ireland and Malaysia lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +43.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) appeared to be the largest respiration apparatus suppliers to Italy, with a combined 60% share of total imports. France, Ireland, China and Malaysia lagged somewhat behind, together comprising a further 26%.

Ireland, with a CAGR of +30.5%, saw 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 respiration apparatus import price amounted to $X per ton, rising by 45% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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