Italy: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Italy

The Italian pyrotechnic articles market soared to $X in 2021, jumping by 160% against the previous year. In general, consumption posted a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pyrotechnic Articles Production in Italy

In value terms, pyrotechnic articles production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed a significant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Pyrotechnic Articles Exports

Exports from Italy

In 2021, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles was finally on the rise to reach X tons after two years of decline. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -12.1% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 66% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, pyrotechnic articles exports surged to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 70% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Poland (X tons) and Spain (X tons) were the main destinations of pyrotechnic articles exports from Italy, together comprising 67% of total exports. These countries were followed by Germany, the Netherlands, the United Arab Emirates, Croatia, Greece, Denmark and Belgium, which together accounted for a further 23%.

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 +111.4%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from Italy, comprising 30% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.7% per year) and Spain (+2.1% per year).

Export Prices by Country

In 2021, the average pyrotechnic articles export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Poland ($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 Croatia (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Pyrotechnic Articles Imports

Imports into Italy

In 2021, approx. X tons of signalling flares, rain rockets, fog signals and other pyrotechnic articles were imported into Italy; waning by -57.7% against the previous year's figure. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 329%. As a result, imports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, pyrotechnic articles imports contracted to $X in 2021. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 when imports increased by 128%. Over the period under review, imports reached the peak figure at $X in 2020, and then declined in the following year.

Imports by Country

Spain (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of pyrotechnic articles imports to Italy, together comprising 61% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +95.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the United States ($X) and Spain ($X) constituted the largest pyrotechnic articles suppliers to Italy, together accounting for 60% of total imports.

Spain, with a CAGR of +117.9%, recorded the highest rates of growth with regard to 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 pyrotechnic articles import price amounted to $X per ton, picking up by 108% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 203%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, 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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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