Italy: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Italy

The Italian metal sawing machine market fell notably to $X in 2021, shrinking by -45.1% against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Metal Sawing Machine Production in Italy

In value terms, metal sawing machine production shrank significantly to $X in 2021 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 31%. Metal sawing machine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Sawing Machine Exports

Exports from Italy

Metal sawing machine exports from Italy skyrocketed to X units in 2021, picking up by 58% compared with the previous year's figure. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, metal sawing machine exports surged to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and France (X units) were the main destinations of metal sawing machine exports from Italy, with a combined 45% share of total exports. The United States, Spain, Poland, the UK, Ireland, Austria, Australia, Sweden, Greece and Egypt lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +35.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal sawing machine exported from Italy were the United States ($X), France ($X) and Germany ($X), together comprising 35% of total exports. Poland, Spain, the UK, Sweden, the United Arab Emirates, Australia, Austria, Greece, Ireland and Egypt lagged somewhat behind, together accounting for a further 27%.

In terms of the main countries of destination, Greece, with a CAGR of +19.9%, saw the highest growth rate of 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

In 2021, the average metal sawing machine export price amounted to $X per unit, waning by -25.2% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($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 Greece (+1.7%), while the prices for the other major destinations experienced a decline.

Metal Sawing Machine Imports

Imports into Italy

In 2021, approx. X units of sawing or cutting-off machines for working metal were imported into Italy; growing by 196% compared with the previous year. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal sawing machine imports surged to $X in 2021. Overall, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.0% against 2017 indices. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest metal sawing machine supplier to Italy, accounting for a 69% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. Germany (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.8% per year) and Germany (+12.0% per year).

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest metal sawing machine suppliers to Italy, with a combined 79% share of total imports. These countries were followed by Spain and Sweden, which together accounted for a further 3.9%.

Among the main suppliers, Sweden, with a CAGR of +58.6%, saw the highest rates of growth with regard to the value of imports, 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 metal sawing machine import price amounted to $X per unit, falling by -46.3% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :