Italy: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Italy

In 2021, the Italian steam blasting machine market decreased by -36.9% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a deep setback. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in Italy

In value terms, steam blasting machine production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded modest growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 74% against the previous year. Steam blasting machine production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Steam Blasting Machine Exports

Exports from Italy

In 2021, exports of steam or sand blasting machines and similar jet-projecting machines from Italy skyrocketed to X units, increasing by 18% compared with the previous year. The total export volume increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and the UK (X units) were the main destinations of steam blasting machine exports from Italy, with a combined 54% share of total exports. Russia, Slovakia, Poland, Spain, the United States, Egypt, the Netherlands, Sweden, Brazil and Switzerland lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +39.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) appeared to be the largest markets for steam blasting machine exported from Italy worldwide, with a combined 49% share of total exports. These countries were followed by Spain, the United States, Russia, Poland, Slovakia, the Netherlands, Egypt, Sweden, Switzerland and Brazil, which together accounted for a further 29%.

Slovakia, with a CAGR of +33.4%, recorded the highest rates of growth with regard to 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 2021, the average steam blasting machine export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price recorded a mild reduction. The growth pace was the most rapid in 2015 an increase of 11% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Russia ($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 Spain (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into Italy

In 2021, supplies from abroad of steam or sand blasting machines and similar jet-projecting machines increased by 50% to X units, rising for the fourth year in a row after two years of decline. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, steam blasting machine imports surged to $X in 2021. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest steam blasting machine supplier to Italy, with a 73% share of total imports. Moreover, steam blasting machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. Spain (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.8% per year) and Spain (+14.3% per year).

In value terms, China ($X) constituted the largest supplier of steam or sand blasting machines and similar jet-projecting machines to Italy, comprising 63% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Belgium, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.9% per year) and Belgium (+26.3% per year).

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, declining by -5.9% against the previous year. Overall, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2016 an increase of 5.8%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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