Italy: Sleeping Bag Market 2024

Sleeping Bag Market Size in Italy

The Italian sleeping bag market stood at $X in 2021, with an increase of 3.3% against the previous year. In general, consumption, however, continues to indicate a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Sleeping Bag Production in Italy

In value terms, sleeping bag production fell modestly to $X in 2021 estimated in export price. Over the period under review, production enjoyed significant growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 522% against the previous year. Sleeping bag production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Sleeping Bag Exports

Exports from Italy

In 2021, exports of sleeping bags from Italy fell remarkably to X units, with a decrease of -23.2% compared with the previous year's figure. In general, total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +20.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, sleeping bag exports contracted notably to $X in 2021. Over the period under review, exports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 330%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Croatia (X units), Germany (X units) and France (X units) were the main destinations of sleeping bag exports from Italy, with a combined 43% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +45.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sleeping bag exported from Italy were France ($X), Spain ($X) and Germany ($X), with a combined 42% share of total exports. These countries were followed by Austria, the Czech Republic, Croatia, Slovenia and Estonia, which together accounted for a further 37%.

Among the main countries of destination, Croatia, with a CAGR of +24.9%, 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 2021, the average sleeping bag export price amounted to $X per unit, waning by -53.3% against the previous year. Overall, the export price, however, saw modest growth. The most prominent rate of growth was recorded in 2020 an increase of 175%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat 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 Estonia ($X per unit), while the average price for exports to Croatia ($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 Austria (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sleeping Bag Imports

Imports into Italy

In 2021, the amount of sleeping bags imported into Italy reduced slightly to X units, waning by -2.2% compared with 2020. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 75% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, sleeping bag imports reduced to $X in 2021. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 53%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X units), China (X units) and France (X units) were the main suppliers of sleeping bag imports to Italy, together comprising 88% of total imports. Myanmar, Germany and Belgium lagged somewhat behind, together comprising a further 6.2%.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +52.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sleeping bag suppliers to Italy were China ($X), Spain ($X) and France ($X), with a combined 81% share of total imports. Myanmar, Germany and Belgium lagged somewhat behind, together accounting for a further 12%.

Among the main suppliers, Myanmar, with a CAGR of +105.6%, 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 mixed trend patterns.

Import Prices by Country

The average sleeping bag import price stood at $X per unit in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Myanmar ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+34.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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