Italy - Interchangeable Spanner Sockets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInterchangeable Spanner Socket Price in Italy - 2023
Contents:
- Interchangeable Spanner Socket Price in Italy (CIF) - 2022
- Interchangeable Spanner Socket Price in Italy (FOB) - 2022
- Interchangeable Spanner Socket Imports in Italy
- Interchangeable Spanner Socket Exports in Italy
Interchangeable Spanner Socket Price in Italy (CIF) - 2022
In 2022, the average interchangeable spanner socket import price amounted to $11,983 per ton, surging by 5.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 6.6% against the previous year. Over the period under review, average import prices hit record highs at $12,216 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($27,639 per ton), while the price for China ($7,344 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Interchangeable Spanner Socket Price in Italy (FOB) - 2022
In 2022, the average interchangeable spanner socket export price amounted to $35,409 per ton, increasing by 2.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2019 when the average export price increased by 9.4%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 the United States ($62,355 per ton), while the average price for exports to Taiwan (Chinese) ($9,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Interchangeable Spanner Socket Imports in Italy
In 2022, the amount of interchangeable spanner sockets imported into Italy shrank to 2K tons, dropping by -5.8% on the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of 2.1K tons, and then dropped in the following year.
In value terms, interchangeable spanner socket imports dropped modestly to $24M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $24M, leveling off in the following year.
| Import of Interchangeable Spanner Socket in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 7.2 | 5.3 | 8.1 | 8.7 | 6.5% |
| Germany | 4.1 | 3.6 | 5.5 | 6.1 | 14.2% |
| France | 0.9 | 1.0 | 1.9 | 1.6 | 21.1% |
| China | 1.1 | 0.8 | 1.4 | 1.6 | 13.3% |
| Netherlands | 0.3 | 0.2 | 0.2 | 1.4 | 67.1% |
| Spain | 1.0 | 1.2 | 1.4 | 1.1 | 3.2% |
| Austria | 1.0 | 0.7 | 0.8 | 0.6 | -15.7% |
| Slovakia | 0.5 | 0.2 | 0.2 | 0.1 | -41.5% |
| Others | 4.1 | 4.2 | 4.9 | 3.0 | -9.9% |
| Total | 20.3 | 17.2 | 24.3 | 24.1 | 5.9% |
Top Suppliers of Interchangeable Spanner Socket to Italy in 2022:
- Taiwan (Chinese) (821.8 tons)
- Germany (460.2 tons)
- China (217.8 tons)
- France (150.4 tons)
- Spain (91.1 tons)
- Netherlands (78.6 tons)
- Austria (75.0 tons)
- Slovakia (10.3 tons)
Interchangeable Spanner Socket Exports in Italy
In 2022, interchangeable spanner socket exports from Italy reduced notably to 568 tons, with a decrease of -18.6% against 2021 figures. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of 698 tons, and then fell markedly in the following year.
In value terms, interchangeable spanner socket exports fell dramatically to $20M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $24M, and then declined dramatically in the following year.
| Export of Interchangeable Spanner Socket in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.3 | 7.6 | 9.8 | 7.2 | -0.5% |
| United States | 1.0 | 1.2 | 1.9 | 1.9 | 23.9% |
| Germany | 1.9 | 1.8 | 2.3 | 1.8 | -1.8% |
| Spain | 1.2 | 1.0 | 1.3 | 1.0 | -5.9% |
| Belgium | 0.8 | 0.9 | 0.9 | 0.7 | -4.4% |
| United Kingdom | 0.8 | 0.6 | 0.7 | 0.6 | -9.1% |
| Netherlands | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Portugal | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Poland | 0.6 | 0.5 | 0.7 | 0.5 | -5.9% |
| Austria | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Hungary | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 4.3 | 3.7 | 4.4 | 4.2 | -0.8% |
| Total | 19.9 | 19.0 | 24.0 | 20.1 | 0.3% |
Top Export Markets for Interchangeable Spanner Socket from Italy in 2022:
- France (185.6 tons)
- Germany (65.6 tons)
- Spain (40.4 tons)
- United States (30.3 tons)
- United Kingdom (18.0 tons)
- Poland (16.6 tons)
- Netherlands (16.1 tons)
- Portugal (14.4 tons)
- Belgium (13.2 tons)
- Austria (11.4 tons)
- Hungary (10.7 tons)
- Taiwan (Chinese) (10.5 tons)
- United Arab Emirates (9.6 tons)
This report provides an in-depth analysis of the interchangeable spanner socket 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 25733037 - Interchangeable spanner sockets
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
-
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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