Italy: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Italy

In 2022, the Italian telephone apparatus market increased by 9.6% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Telephone apparatus consumption peaked in 2022 and is expected to retain growth in the immediate term.

Telephone Apparatus Production in Italy

In value terms, telephone apparatus production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by 82%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Italy

In 2022, after two years of growth, there was significant decline in shipments abroad of telephone apparatus, when their volume decreased by -25.4% to X tons. Over the period under review, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced remarkably in the following year.

In value terms, telephone apparatus exports shrank markedly to $X in 2022. In general, exports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in 2015 when exports increased by 26%. The exports peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Spain (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of telephone apparatus exports from Italy, with a combined 31% share of total exports. Germany, the UK, the United States, the United Arab Emirates, the Czech Republic, Switzerland, Poland, Egypt, Austria and Paraguay lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +87.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for telephone apparatus exports from Italy, comprising 28% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 9.3% share of total exports. It was followed by the United States, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+5.0% per year) and the United States (+5.5% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, falling by -1.9% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus export price decreased by -7.1% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 30% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 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 Switzerland ($X per ton), while the average price for exports to Paraguay ($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 Switzerland (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Italy

In 2022, approx. X tons of telephone apparatus were imported into Italy; picking up by 4.7% against the previous year's figure. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 63% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports reached $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of telephone apparatus imports to Italy, with a combined 33% share of total imports. Romania, Vietnam, France, Hungary, the Czech Republic, Sweden, the UK and Luxembourg lagged somewhat behind, together comprising a further 9.6%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest telephone apparatus suppliers to Italy were China ($X), the Netherlands ($X) and Germany ($X), with a combined 58% share of total imports.

Among the main suppliers, China, with a CAGR of +12.1%, recorded 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

In 2021, the average telephone apparatus import price amounted to $X per ton, with an increase of 18% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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