Italy: Drawing Board Market 2024

Drawing Board Market Size in Italy

The Italian drawing board market contracted slightly to $X in 2022, with a decrease of -2.2% against the previous year. In general, consumption, however, saw a buoyant expansion. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

Drawing Board Production in Italy

In value terms, drawing board production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,509% against the previous year. Drawing board production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Drawing Board Exports

Exports from Italy

In 2022, after three years of decline, there was significant growth in shipments abroad of slates and boards with writing or drawing surfaces, when their volume increased by 5.1% to X units. Overall, exports, however, continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2015 when exports increased by 21%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, drawing board exports contracted to $X in 2022. In general, exports, however, recorded a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for drawing board exports from Italy, with a 30% share of total exports. Moreover, drawing board exports to the United States exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was taken by Spain (X units), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +61.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.9% per year) and Spain (+17.7% per year).

In value terms, the largest markets for drawing board exported from Italy were France ($X), the United States ($X) and Spain ($X), together accounting for 41% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +53.1%, 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

In 2022, the average drawing board export price amounted to $X per unit, dropping by -18.6% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 27%. The export price peaked at $X per unit in 2021, and then shrank notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United States ($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 Germany (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Board Imports

Imports into Italy

In 2022, drawing board imports into Italy declined modestly to X units, dropping by -1.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing board imports declined to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of drawing board to Italy, with a 40% share of total imports. Moreover, drawing board imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+2.3% per year) and Germany (+10.3% per year).

In value terms, China ($X) constituted the largest supplier of slates and boards with writing or drawing surfaces to Italy, comprising 40% of total imports. The second position in the ranking was taken by Portugal ($X), with a 15% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+6.4% per year) and Germany (+5.5% per year).

Import Prices by Country

The average drawing board import price stood at $X per unit in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 14%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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