Italy: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Italy

The Italian market for spray guns and similar appliances dropped markedly to $X in 2022, with a decrease of -22.3% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. Spray guns and similar appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Spray Guns And Similar Appliances in Italy

In value terms, spray guns and similar appliances production declined rapidly to $X in 2022 estimated in export price. Overall, production, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 124%. As a result, production reached the peak level of $X, and then declined remarkably in the following year.

Exports of Spray Guns And Similar Appliances

Exports from Italy

After three years of growth, shipments abroad of spray guns and similar appliances decreased by -2.7% to X units in 2022. The total export volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then declined slightly in the following year.

In value terms, spray guns and similar appliances exports fell to $X in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 18%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

France (X units), Greece (X units) and the Netherlands (X units) were the main destinations of spray guns and similar appliances exports from Italy, with a combined 35% share of total exports. Germany, Turkey, the UK, Romania, Australia, the United States, Spain, Croatia, Hungary and Belgium lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +27.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spray guns and similar appliances exported from Italy were Germany ($X), France ($X) and the United States ($X), together accounting for 30% of total exports. The UK, the Netherlands, Greece, Spain, Turkey, Australia, Hungary, Belgium, Romania and Croatia lagged somewhat behind, together comprising a further 40%.

Croatia, with a CAGR of +29.6%, saw the highest growth rate of the value of exports, among the main countries of destination 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 export price for spray guns and similar appliances amounted to $X per unit, which is down by -6.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14% against the previous year. The export price peaked at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Greece ($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 Hungary (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Italy

In 2022, overseas purchases of spray guns and similar appliances decreased by -15.2% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Imports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, spray guns and similar appliances imports reached $X in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest spray guns and similar appliances supplier to Italy, accounting for a 64% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.0% per year) and Germany (-1.9% per year).

In value terms, the Netherlands ($X), Germany ($X) and China ($X) constituted the largest spray guns and similar appliances suppliers to Italy, together accounting for 82% of total imports. Belgium, Spain, France and the UK lagged somewhat behind, together comprising a further 7.1%.

In terms of the main suppliers, France, with a CAGR of +16.9%, 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

The average import price for spray guns and similar appliances stood at $X per unit in 2022, picking up by 22% against the previous year. In general, the import price, however, recorded a slight contraction. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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