Italy: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Italy

The Italian stone sawing machine market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption showed a abrupt downturn. Stone sawing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Stone Sawing Machine Production in Italy

In value terms, stone sawing machine production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Stone Sawing Machine Exports

Exports from Italy

In 2021, shipments abroad of sawing machines for working stone, ceramics and concrete increased by 31% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports posted strong growth. The pace of growth was the most pronounced in 2013 when exports increased by 439%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, stone sawing machine exports surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for stone sawing machine exports from Italy, with a 25% share of total exports. Moreover, stone sawing machine exports to the United States exceeded the volume sent to the second major destination, the UK (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+18.5% per year) and Germany (+18.0% per year).

In value terms, the United States ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from Italy, comprising 19% of total exports. The second position in the ranking was held by the UK ($X), with a 6% share of total exports. It was followed by France, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+10.6% per year) and France (+8.6% per year).

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, dropping by -4.5% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 308% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Morocco ($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 (-2.4%), while the prices for the other major destinations experienced a decline.

Stone Sawing Machine Imports

Imports into Italy

In 2021, overseas purchases of sawing machines for working stone, ceramics and concrete increased by 21% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 55%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. In general, imports continue to indicate a buoyant increase. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest stone sawing machine supplier to Italy, accounting for a 52% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by Sweden (X units), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.6% per year) and Sweden (-7.2% per year).

In value terms, Poland ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Italy, comprising 32% of total imports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to +136.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+12.9% per year) and the Netherlands (+6.0% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, rising by 87% against the previous year. In general, the import price recorded a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 101%. As a result, import price reached the peak level of $X per unit. From 2020 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 Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+47.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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