Italy - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Italy - 2023
Contents:
- Multimeter Price in Italy (FOB) - 2022
- Multimeter Price in Italy (CIF) - 2023
- Multimeter Exports in Italy
- Multimeter Imports in Italy
Multimeter Price in Italy (FOB) - 2022
The average multimeter export price stood at $62 per unit in 2022, with a decrease of -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 an increase of 37%. The export price peaked at $67 per unit in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($116 per unit), while the average price for exports to Qatar ($12 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 (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Price in Italy (CIF) - 2023
The average multimeter import price stood at $49.1 per unit in June 2023, increasing by 39% against the previous month. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 61% against the previous month. Over the period under review, average import prices hit record highs at $53.3 per unit in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($107 per unit), while the price for China ($10.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Multimeter Exports in Italy
For the fourth year in a row, Italy recorded growth in shipments abroad of multimeters, which increased by 9.1% to 555K units in 2022. The total export volume increased at an average annual rate of +11.0% 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 appeared the most rapid in 2021 with an increase of 14%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, multimeter exports rose to $34M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Multimeter in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.7 | 6.4 | 8.9 | 8.9 | 23.7% |
| Netherlands | 4.0 | 4.6 | 7.5 | 4.0 | 0.0% |
| Sweden | 1.4 | 1.8 | 1.7 | 3.0 | 28.9% |
| France | 0.7 | 0.7 | 1.5 | 1.8 | 37.0% |
| Switzerland | 0.1 | 2.0 | 2.1 | 1.8 | 162.1% |
| United Kingdom | 0.6 | 0.5 | 0.7 | 1.6 | 38.7% |
| Spain | 1.0 | 0.8 | 1.2 | 1.4 | 11.9% |
| China | 1.3 | 0.8 | 0.8 | 1.0 | -8.4% |
| Poland | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Singapore | 0.6 | 0.6 | 0.5 | 0.6 | 0.0% |
| Turkey | 0.9 | 1.3 | 0.3 | 0.4 | -23.7% |
| Qatar | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Russia | 0.8 | 1.0 | 0.9 | 0.2 | -37.0% |
| Others | 7.4 | 6.1 | 7.0 | 8.5 | 4.7% |
| Total | 24.1 | 27.3 | 33.8 | 34.4 | 12.6% |
Top Export Markets for Multimeter from Italy in 2022:
- Germany (112.0K units)
- Netherlands (79.2K units)
- Sweden (55.1K units)
- Spain (48.3K units)
- Qatar (27.8K units)
- France (27.0K units)
- United Kingdom (26.2K units)
- Turkey (17.4K units)
- Switzerland (15.7K units)
- China (15.2K units)
- Poland (11.8K units)
- Singapore (6.2K units)
- Russia (3.7K units)
Multimeter Imports in Italy
Multimeter imports into Italy expanded rapidly to 449K units in 2022, increasing by 5.3% against 2021. Over the period under review, imports, however, continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. Imports peaked at 517K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, multimeter imports rose sharply to $13M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Multimeter in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,535 | 1,691 | 3,336 | 3,974 | 37.3% |
| Germany | 1,973 | 1,723 | 1,611 | 1,539 | -7.9% |
| France | 1,120 | 853 | 1,179 | 1,191 | 2.1% |
| Switzerland | 18.0 | 552 | 941 | 984 | 279.5% |
| Spain | 155 | 87.5 | 212 | 981 | 85.0% |
| Austria | 1,766 | 1,014 | 920 | 833 | -22.2% |
| Taiwan (Chinese) | 156 | 276 | 284 | 299 | 24.2% |
| United Kingdom | 688 | 496 | 198 | 274 | -26.4% |
| Belgium | 763 | 65.0 | 57.7 | 160 | -40.6% |
| Hungary | 1,593 | 523 | 0.1 | 4.9 | -85.5% |
| Others | 2,270 | 2,178 | 2,850 | 2,360 | 1.3% |
| Total | 12,038 | 9,458 | 11,589 | 12,600 | 1.5% |
Top Suppliers of Multimeter to Italy in 2022:
- China (250.8K units)
- Spain (42.5K units)
- Germany (40.0K units)
- France (31.0K units)
- Austria (23.2K units)
- Switzerland (10.1K units)
- Taiwan (Chinese) (9.4K units)
- United Kingdom (4.5K units)
- Belgium (4.0K units)
- Hungary (0.3K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
-
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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