Italy - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Cutting Machine Price in Italy - 2023
Contents:
- Gear Cutting Machine Price in Italy (CIF) - 2023
- Gear Cutting Machine Price in Italy (FOB) - 2022
- Gear Cutting Machine Imports in Italy
- Gear Cutting Machine Exports in Italy
Gear Cutting Machine Price in Italy (CIF) - 2023
In August 2023, the average gear cutting machine import price amounted to $92,210 per unit, remaining constant against the previous month. Overall, the import price, however, enjoyed slight growth. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 114% against the previous month. As a result, import price attained the peak level of $150K per unit; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1.8M per unit), while the price for China ($7,142 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Cutting Machine Price in Italy (FOB) - 2022
In 2022, the average gear cutting machine export price amounted to $14,176 per unit, jumping by 714% against the previous year. Overall, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,007% against the previous year. As a result, the export price attained the peak level of $34,638 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($116,421 per unit), while the average price for exports to Cote d'Ivoire ($194 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 China (+4.4%), while the prices for the other major destinations experienced a decline.
Gear Cutting Machine Imports in Italy
In 2022, approx. 386 units of gear cutting, gear grinding or gear finishing machines were imported into Italy; which is down by -95.9% on 2021 figures. Over the period under review, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 1,845% against the previous year. As a result, imports reached the peak of 9.5K units, and then reduced dramatically in the following year.
In value terms, gear cutting machine imports soared to $41M in 2022. Overall, imports continue to indicate a abrupt descent. Imports peaked at $54M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Gear Cutting Machine in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 45.4 | 19.2 | 15.5 | 29.9 | -13.0% |
| Switzerland | 4.7 | 1.9 | 6.0 | 6.2 | 9.7% |
| United States | 2.6 | 1.5 | 1.8 | 4.7 | 21.8% |
| China | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| Bosnia and Herzegovina | N/A | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Japan | 0.4 | N/A | N/A | N/A | 0% |
| Tunisia | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.6 | 0.2 | 0.1 | 0.2 | -30.7% |
| Total | 53.9 | 22.8 | 23.7 | 41.4 | -8.4% |
Top Suppliers of Gear Cutting Machine to Italy in 2022:
- China (181.0 units)
- United States (107.0 units)
- Germany (74.0 units)
- Switzerland (19.0 units)
- Tunisia (1.0 units)
Gear Cutting Machine Exports in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of gear cutting, gear grinding or gear finishing machines, when their volume decreased by -83.1% to 1.2K units. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 423% against the previous year. As a result, the exports reached the peak of 6.8K units, and then contracted notably in the following year.
In value terms, gear cutting machine exports surged to $16M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Gear Cutting Machine in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 4.0 | 5.6 | 9.0 | 38.3% |
| Germany | 2.6 | 2.7 | 1.5 | 3.1 | 6.0% |
| Brazil | N/A | N/A | N/A | 1.4 | 0% |
| India | 3.0 | 0.7 | 0.9 | 0.9 | -33.1% |
| Turkey | 0.3 | 1.2 | 0.1 | 0.3 | 0.0% |
| Mexico | N/A | 0.3 | 0.7 | 0.1 | -42.3% |
| Switzerland | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Cote d'Ivoire | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Australia | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.2 | N/A | N/A | N/A | 0% |
| Afghanistan | N/A | N/A | 0.1 | N/A | 0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Albania | N/A | 0.1 | N/A | N/A | 0% |
| Others | 5.4 | 3.1 | 2.9 | 1.2 | -39.4% |
| Total | 14.9 | 12.4 | 11.9 | 16.3 | 3.0% |
Top Export Markets for Gear Cutting Machine from Italy in 2022:
- Cote d'Ivoire (287.0 units)
- Mexico (240.0 units)
- United Arab Emirates (123.0 units)
- China (109.0 units)
- India (67.0 units)
- Switzerland (55.0 units)
- Indonesia (48.0 units)
- Brazil (44.0 units)
- Turkey (35.0 units)
- Germany (27.0 units)
- Australia (23.0 units)
- Albania (18.0 units)
This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)
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
-
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
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