Italy: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Italy

The Italian vacuum cleaner with motor market skyrocketed to $X in 2021, jumping by 21% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +83.8% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Production of Vacuum Cleaners With Motor in Italy

In value terms, vacuum cleaner with motor production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 when the production volume increased by 37%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Vacuum Cleaners With Motor

Exports from Italy

In 2021, overseas shipments of vacuum cleaners with motor increased by 2.3% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2019 with an increase of 12%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, vacuum cleaner with motor exports rose rapidly to $X in 2021. In general, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +104.2% against 2017 indices. The growth pace was the most rapid in 2019 when exports increased by 27% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

France (X tons), Germany (X tons) and the United States (X tons) were the main destinations of vacuum cleaner with motor exports from Italy, together accounting for 39% of total exports. These countries were followed by Spain, Poland, Belgium, Austria, Switzerland, the United Arab Emirates, the UK, Australia, the Czech Republic and the Netherlands, which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +15.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the United States ($X) appeared to be the largest markets for vacuum cleaner with motor exported from Italy worldwide, together accounting for 52% of total exports. These countries were followed by Spain, Poland, Belgium, the Netherlands, Austria, Switzerland, the Czech Republic, the UK, Australia and the United Arab Emirates, which together accounted for a further 27%.

In terms of the main countries of destination, Belgium, with a CAGR of +15.5%, 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

The average vacuum cleaner with motor export price stood at $X per ton in 2021, increasing by 7.8% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 23%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the average price for exports to the United Arab Emirates ($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 Germany (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Italy

In 2021, imports of vacuum cleaners with motor into Italy skyrocketed to X tons, with an increase of 24% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vacuum cleaner with motor imports skyrocketed to $X in 2021. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest vacuum cleaner with motor supplier to Italy, with a 56% share of total imports. Moreover, vacuum cleaner with motor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Malaysia (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.5% per year) and Malaysia (+16.2% per year).

In value terms, China ($X), Germany ($X) and Malaysia ($X) were the largest vacuum cleaner with motor suppliers to Italy, together comprising 77% of total imports. These countries were followed by the Philippines, the Netherlands, Spain, France and Belgium, which together accounted for a further 18%.

The Philippines, with a CAGR of +237.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 vacuum cleaner with motor import price amounted to $X per ton, waning by -6.2% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 30% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

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 the Philippines ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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