Italy - Horizontal Machining Centres For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Import of Horizontal Machining Centres Declines Modestly to $38M in July 2023
Italy Horizontal Machining Centre Imports
Horizontal machining centre imports into Italy contracted markedly to 232 units in July 2023, waning by -32.6% compared with the previous month's figure. Over the period under review, imports saw a perceptible downturn. The growth pace was the most rapid in March 2023 when imports increased by 44% month-to-month. Imports peaked at 384 units in November 2022; however, from December 2022 to July 2023, imports remained at a lower figure.
In value terms, horizontal machining centre imports shrank rapidly to $38M (IndexBox estimates) in July 2023. In general, total imports indicated slight growth from July 2022 to July 2023: its value increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, imports decreased by -22.3% against May 2023 indices. The growth pace was the most rapid in May 2023 when imports increased by 53% month-to-month. As a result, imports reached the peak of $50M. From June 2023 to July 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Horizontal Machining Centre in Italy (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| Germany | 5.7 | 7.7 | 5.1 | 6.5 | 8.1 | 18.6 | 8.7 | 8.6 | 9.7 | 10.5 | 16.3 | 15.2 | 15.1 |
| Belgium | 5.5 | 3.5 | 6.3 | 5.0 | 8.4 | 5.4 | 3.2 | 5.2 | 5.7 | 4.3 | 6.3 | 8.3 | 6.4 |
| South Korea | 5.7 | 5.8 | 5.0 | 4.0 | 8.4 | 8.1 | 7.2 | 6.1 | 9.0 | 5.9 | 9.2 | 7.7 | 4.4 |
| Japan | 8.1 | 4.9 | 5.6 | 5.3 | 6.1 | 3.1 | 2.9 | 4.8 | 5.5 | 5.5 | 7.1 | 3.4 | 2.9 |
| Taiwan (Chinese) | 4.8 | 2.9 | 4.0 | 2.9 | 4.1 | 5.6 | 2.4 | 1.8 | 2.9 | 2.8 | 4.0 | 3.5 | 2.1 |
| Others | 3.6 | 4.5 | 5.6 | 5.5 | 4.6 | 7.0 | 4.9 | 5.3 | 7.8 | 3.5 | 6.6 | 8.5 | 7.6 |
| Total | 33.5 | 29.3 | 31.8 | 29.2 | 39.8 | 47.9 | 29.4 | 31.7 | 40.5 | 32.4 | 49.5 | 46.6 | 38.5 |
Imports by Country
South Korea (55 units), Germany (51 units) and Belgium (40 units) were the main suppliers of horizontal machining centre imports to Italy, together comprising 63% of total imports.
From July 2022 to July 2023, the biggest increases were in Germany (with a CAGR of +2.5%), while purchases for the other leaders experienced a decline.
In value terms, Germany ($15M) constituted the largest supplier of horizontal machining centre to Italy, comprising 39% of total imports. The second position in the ranking was held by Belgium ($6.4M), with a 17% share of total imports. It was followed by South Korea, with a 12% share.
From July 2022 to July 2023, the average monthly growth rate of value from Germany amounted to +8.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belgium (+1.2% per month) and South Korea (-2.1% per month).
Import Prices by Country
In July 2023, the horizontal machining centre price amounted to $166K per unit (CIF, Italy), with an increase of 22% against the previous month. Overall, import price indicated a perceptible expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, horizontal machining centre import price increased by +27.7% against February 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($295K per unit), while the price for South Korea ($80,436 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the horizontal machining centre market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28411220 - Horizontal machining centres for working metal
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
