Italy: Market for Machine-Tools For Working Any Material By Removal Of Material 2024

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Italy

The Italian machine-tool for removing material market dropped slightly to $X in 2022, declining by X% against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Machine-tool for removing material consumption peaked at $X in 2021, and then contracted slightly in the following year.

Production of Machine-Tools For Working Any Material By Removal Of Material in Italy

In value terms, machine-tool for removing material production skyrocketed to $X in 2022 estimated in export price. Overall, production faced a sharp decline. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Italy

In 2022, shipments abroad of machine-tools for working any material by removal of material increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, machine-tool for removing material exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of machine-tool for removing material exports from Italy, together comprising X% of total exports. China, the Netherlands, Poland, Spain, Turkey, the UK, Mexico, Brazil, Slovakia and Switzerland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for machine-tool for removing material exported from Italy were the United States ($X), France ($X) and Germany ($X), with a combined X% share of total exports. Poland, China, Spain, the Netherlands, Turkey, Mexico, the UK, Switzerland, Brazil and Slovakia lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 machine-tool for removing material export price amounted to $X per unit, flattening at the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, machine-tool for removing material export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the Netherlands ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Italy

In 2022, approx. X units of machine-tools for working any material by removal of material were imported into Italy; rising by X% compared with 2021. In general, imports enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, machine-tool for removing material imports surged to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), China (X units) and Switzerland (X units) were the main suppliers of machine-tool for removing material imports to Italy, together comprising X% of total imports. Belgium, Spain, the Netherlands, France, Turkey, Thailand, Poland, Finland, Slovakia and Luxembourg lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machine-tools for working any material by removal of material to Italy, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Switzerland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2022, the average machine-tool for removing material import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, machine-tool for removing material import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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