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Italy - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 1, 2024

Italy Sees Remarkable Increase in Packing Export Machinery Reaching $3.3B in 2023

Italy Machinery For Packing Exports

In 2023, the amount of machinery for packing or wrapping exported from Italy reached 370K units, increasing by 6.3% against 2022. In general, exports posted a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 27%. The exports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, machinery for packing exports surged to $3.3B (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +2.0% from 2013 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term. Italy Machinery For Packing Exports By Country (Million USD)

COUNTRY	Export Value of Machinery For Packing in Italy (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
United States	220	221	234	206	230	392	340	379	495	406	595
France	187	164	149	143	196	197	208	177	193	192	200
Germany	163	176	143	141	154	164	172	158	179	147	159
Poland	66.8	84.4	120	132	100	126	132	136	109	93.7	152
Spain	80.4	78.3	84.3	95.3	97.0	135	145	154	137	129	146
Mexico	73.4	60.2	66.2	76.5	135	107	56.2	61.7	66.2	101	138
United Kingdom	87.5	96.3	104	108	95.4	151	115	120	167	110	131
China	147	167	117	88.0	84.6	66.6	125	102	130	86.6	111
Others	1,700	1,813	1,463	1,430	1,514	1,692	1,487	1,428	1,462	1,259	1,679
Total	2,725	2,860	2,480	2,421	2,606	3,029	2,779	2,717	2,937	2,524	3,310

Exports by Country

the United States (57K units) was the main destination for machinery for packing exports from Italy, accounting for a 15% share of total exports. Moreover, machinery for packing exports to the United States exceeded the volume sent to the second major destination, France (23K units), twofold. Spain (21K units) ranked third in terms of total exports with a 5.7% share.

From 2013 to 2023, the average annual rate of growth in terms of volume to the United States totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.2% per year) and Spain (+14.2% per year).

In value terms, the United States ($595M) remains the key foreign market for machinery for packing or wrapping exports from Italy, comprising 18% of total exports. The second position in the ranking was taken by France ($200M), with a 6% share of total exports. It was followed by Germany, with a 4.8% share.

From 2013 to 2023, the average annual growth rate of value to the United States amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.7% per year) and Germany (-0.2% per year).

Export Prices by Country

In 2023, the machinery for packing price stood at $8,938 per unit (FOB, Italy), growing by 23% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The export price peaked at $15,294 per unit in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was China ($14,446 per unit), while the average price for exports to Spain ($6,936 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.8%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Italy - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights

Italy Sees Remarkable Increase in Packing Export Machinery Reaching $3.3B in 2023

Italy Machinery For Packing Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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