Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy - 2023

Contents:

1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy (FOB) - 2022
2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy (CIF) - 2022
3. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy
4. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy (FOB) - 2022

The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $462 per unit in 2022, reducing by -10.9% against the previous year. Overall, the export price, however, posted a notable expansion. The pace of growth was the most pronounced in 2013 an increase of 126%. Over the period under review, the average export prices reached the peak figure at $931 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($1,757 per unit), while the average price for exports to Rwanda ($1.4 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 Latvia (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $23 per unit in 2022, declining by -36.4% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 92%. The import price peaked at $55 per unit in 2014; however, from 2015 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 ($71 per unit), while the price for France ($8.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy

In 2022, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Italy expanded significantly to 26K units, increasing by 15% on 2021. Overall, exports posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 141% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs rose modestly to $12M in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 40%. The exports peaked at $14M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Italy in 2022:

1. Poland (4.3K units)
2. Netherlands (3.4K units)
3. Germany (2.9K units)
4. France (2.2K units)
5. Israel (1.9K units)
6. United Kingdom (1.1K units)
7. United States (1.0K units)
8. Rwanda (1.0K units)
9. Austria (0.9K units)
10. Guatemala (0.7K units)
11. Pakistan (0.6K units)
12. Latvia (0.4K units)
13. India (0.2K units)

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Italy

In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs imported into Italy shrank to 55K units, which is down by -11.7% compared with the previous year's figure. Overall, imports showed a precipitous shrinkage. The smallest decline of -8.2% was in 2021. Over the period under review, imports of reached the maximum at 160K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs contracted dramatically to $1.3M in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $2.3M, and then dropped rapidly in the following year.

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Italy in 2022:

1. China (20.3K units)
2. Slovenia (13.4K units)
3. Germany (6.8K units)
4. United Kingdom (6.7K units)
5. United States (2.1K units)
6. Netherlands (1.3K units)
7. Turkey (1.0K units)
8. France (0.3K units)

Source: IndexBox Market Intelligence Platform