Italy: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in Italy

In 2022, the Italian personal weighing machine market decreased by -39.5% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

Personal Weighing Machine Production in Italy

In value terms, personal weighing machine production stood at $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The growth pace was the most rapid in 2019 when the production volume increased by 126% against the previous year. Personal weighing machine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Personal Weighing Machine Exports

Exports from Italy

After three years of growth, shipments abroad of personal weighing machines decreased by -40.9% to X units in 2022. Over the period under review, exports, however, saw measured growth. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then fell sharply in the following year.

In value terms, personal weighing machine exports reduced sharply to $X in 2022. In general, exports, however, continue to indicate measured growth. The growth pace was the most rapid in 2014 with an increase of 56%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Germany (X units), France (X units) and Slovenia (X units) were the main destinations of personal weighing machine exports from Italy, with a combined 40% share of total exports. Spain, Austria, Denmark, Romania, the Czech Republic, Greece, Malta, the Netherlands, Belgium and Portugal lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +51.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for personal weighing machine exported from Italy were Germany ($X), France ($X) and Spain ($X), together accounting for 45% of total exports. Austria, Slovenia, the Czech Republic, Romania, Greece, Portugal, Denmark, the Netherlands, Malta and Belgium lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, Denmark, with a CAGR of +40.5%, recorded 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 personal weighing machine export price stood at $X per unit in 2022, reducing by -2.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 52% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Malta ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports

Imports into Italy

In 2022, overseas purchases of personal weighing machines decreased by -42% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of X units, and then dropped notably in the following year.

In value terms, personal weighing machine imports contracted sharply to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of personal weighing machine to Italy, accounting for a 74% share of total imports. Moreover, personal weighing machine imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), eightfold. The third position in this ranking was taken by Germany (X units), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+14.0% per year) and Germany (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of personal weighing machines to Italy, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by France, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.3% per year) and France (-0.9% per year).

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, growing by 5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.9%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :