Italy: Parachute Market 2025

Parachute Market Size in Italy

The Italian parachute market surged to $X in 2021, with an increase of 143% against the previous year. Over the period under review, consumption, however, recorded a deep slump. Parachute consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Parachute Production in Italy

In value terms, parachute production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Parachute Exports

Exports from Italy

In 2021, approx. X tons of parachutes and rotochutes were exported from Italy; which is down by -26.7% on 2020 figures. In general, total exports indicated modest growth 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 increased by +20.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of X tons, and then declined significantly in the following year.

In value terms, parachute exports shrank sharply to $X in 2021. Over the period under review, exports, however, posted a notable increase. The pace of growth was the most pronounced in 2020 with an increase of 220%. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Poland (X tons), Germany (X tons) and France (X tons) were the main destinations of parachute exports from Italy, together comprising 76% of total exports. These countries were followed by the United Arab Emirates, Switzerland, Spain, the United States, Japan and the UK, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +10.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for parachutes and rotochutes exports from Italy, comprising 39% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Poland, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.5% per year) and Poland (+0.8% per year).

Export Prices by Country

In 2021, the average parachute export price amounted to $X per ton, shrinking by -33.4% against the previous year. Over the period under review, the export price, however, posted a pronounced expansion. The growth pace was the most rapid in 2020 when the average export price increased by 94%. As a result, the export price attained the peak level of $X per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 United States (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Parachute Imports

Imports into Italy

In 2021, approx. X tons of parachutes and rotochutes were imported into Italy; waning by -8.7% against the previous year. In general, imports, however, posted a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of 137% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, parachute imports surged to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 79%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Poland (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of parachute imports to Italy, together accounting for 47% of total imports. France, the United Arab Emirates, Austria, Vietnam, the Netherlands, Portugal, the United States, Israel, Belgium and the Czech Republic lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +85.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest parachute suppliers to Italy were Germany ($X), the United States ($X) and Vietnam ($X), together comprising 36% of total imports. These countries were followed by Spain, France, Austria, the United Arab Emirates, Israel, Poland, the Netherlands, Portugal, Belgium and the Czech Republic, which together accounted for a further 42%.

The Netherlands, with a CAGR of +65.8%, recorded the highest growth rate of 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 parachute import price amounted to $X per ton, rising by 50% against the previous year. Overall, the import price, however, recorded a mild downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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