Italy - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Lifting Equipment Price in Italy - 2023

Contents:

  1. Lifting Equipment Price in Italy (FOB) - 2022
  2. Lifting Equipment Price in Italy (CIF) - 2022
  3. Lifting Equipment Exports in Italy
  4. Lifting Equipment Imports in Italy

Lifting Equipment Price in Italy (FOB) - 2022

The average lifting equipment export price stood at $17,952 per unit in 2022, with a decrease of -6.4% against the previous year. In general, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $25,949 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($17,986 per unit) and France ($17,986 per unit), while the average price for exports to the United States ($17,986 per unit) and Switzerland ($17,986 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-0.1%), while the prices for the other major destinations experienced a decline.

Lifting Equipment Price in Italy (CIF) - 2022

In 2022, the average lifting equipment import price amounted to $13,596 per unit, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 727% against the previous year. The import price peaked at $18,223 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 France ($25,374 per unit), while the price for the United Arab Emirates ($13,277 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.9%), while the prices for the other major suppliers experienced a decline.

Lifting Equipment Exports in Italy

In 2022, the amount of lifting equipment exported from Italy declined notably to 2.6K units, reducing by -18.1% on 2021. Over the period under review, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 3.1K units, and then shrank dramatically in the following year.

In value terms, lifting equipment exports dropped rapidly to $46M in 2022. Overall, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports attained the peak of $60M, and then reduced dramatically in the following year.

Export of Lifting Equipment in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.92.50.35.481.7%
Netherlands9.43.68.15.3-17.4%
France6.84.810.33.0-23.9%
United Kingdom4.62.02.72.6-17.3%
Switzerland0.81.21.42.648.1%
Singapore1.00.11.42.535.7%
China3.51.91.52.4-11.8%
Turkey0.80.82.52.342.2%
Romania3.15.70.72.2-10.8%
Canada0.60.61.72.151.8%
United Arab Emirates0.30.22.92.088.2%
Norway0.61.41.61.741.5%
United States1.51.11.11.62.2%
Others10.411.723.710.3-0.3%
Total44.337.859.845.91.2%

Top Export Markets for Lifting Equipment from Italy in 2022:

  1. Mexico (298.0 units)
  2. Netherlands (295.0 units)
  3. France (167.0 units)
  4. United Kingdom (147.0 units)
  5. Switzerland (144.0 units)
  6. Singapore (137.0 units)
  7. China (134.0 units)
  8. Turkey (129.0 units)
  9. Romania (120.0 units)
  10. Canada (116.0 units)
  11. United Arab Emirates (113.0 units)
  12. Norway (92.0 units)
  13. United States (89.0 units)

Lifting Equipment Imports in Italy

Lifting equipment imports into Italy surged to 1.7K units in 2022, increasing by 174% against the year before. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lifting equipment imports skyrocketed to $24M in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lifting Equipment in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.57.41.711.496.6%
Germany2.51.53.39.857.7%
United Arab EmiratesN/AN/A0.20.6200.0%
Sweden0.20.30.50.426.0%
China0.90.50.20.4-23.7%
Others2.41.92.61.0-25.3%
Total7.511.68.523.646.5%

Top Suppliers of Lifting Equipment to Italy in 2022:

  1. Austria (854.0 units)
  2. Germany (734.0 units)
  3. United Arab Emirates (43.0 units)
  4. Sweden (28.0 units)
  5. China (28.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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