Italy: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Italy

The Italian printers and copying machines market soared to $X in 2021, jumping by 28% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Printers, Copying Machines And Facsimile Machines in Italy

In value terms, printers and copying machines production expanded to $X in 2021 estimated in export price. Over the period under review, production enjoyed a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 93% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Italy

In 2021, shipments abroad of printers, copying machines and facsimile machines increased by 72% to X units, rising for the second year in a row after two years of decline. Overall, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +102.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines exports surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 25% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for printers and copying machines exports from Italy, accounting for a 27% share of total exports. Moreover, printers and copying machines exports to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. France (X units) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.6% per year) and France (+8.5% per year).

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) were the largest markets for printers and copying machines exported from Italy worldwide, together accounting for 37% of total exports. These countries were followed by Spain, France, Belgium, the UK, Poland, Switzerland, India, Sweden, Cyprus and Slovenia, which together accounted for a further 27%.

Among the main countries of destination, Cyprus, with a CAGR of +27.9%, 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 printers and copying machines export price stood at $X per unit in 2021, declining by -27.7% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 47%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Italy

In 2021, supplies from abroad of printers, copying machines and facsimile machines increased by 63% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines imports surged to $X in 2021. In general, imports, however, showed a slight downturn. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest printers and copying machines supplier to Italy, accounting for a 40% share of total imports. Moreover, printers and copying machines imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.4% per year) and the Netherlands (+1.6% per year).

In value terms, the largest printers and copying machines suppliers to Italy were the Netherlands ($X), Germany ($X) and China ($X), together accounting for 77% of total imports. Belgium, France, Vietnam, Romania and Slovakia lagged somewhat behind, together comprising a further 11%.

Vietnam, with a CAGR of +16.6%, 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

In 2021, the average printers and copying machines import price amounted to $X per unit, dropping by -27.1% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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