Report Update: Apr 1, 2024

Italy - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights

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Spectrometers and Spectrophotometers Price in Italy - 2023

Spectrometers and Spectrophotometers Price in Italy (CIF) - 2023

The average spectrometers and spectrophotometers import price stood at $817 per unit in July 2023, increasing by 106% against the previous month. Overall, the import price recorded a moderate increase. The growth pace was the most rapid in September 2022 when the average import price increased by 141% month-to-month. The import price peaked at $849 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,452 per unit), while the price for China ($275 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectrometers and Spectrophotometers Price in Italy (FOB) - 2023

The average spectrometers and spectrophotometers export price stood at $297 per unit in July 2023, dropping by -26.3% against the previous month. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 63% month-to-month. Over the period under review, the average export prices attained the peak figure at $807 per unit in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Canada ($769 per unit), while the average price for exports to Turkey ($33.7 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers and Spectrophotometers Imports in Italy

In 2022, supplies from abroad of spectrometers and spectrophotometers was finally on the rise to reach 203K units after two years of decline. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers imports shrank to $94M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $95M, leveling off in the following year.

Import of Spectrometers and Spectrophotometers in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	30.5	22.9	24.7	25.1	-6.3%
United States	12.6	11.2	11.8	11.4	-3.3%
Switzerland	11.5	10.8	9.8	10.3	-3.6%
Denmark	4.2	6.1	9.4	9.2	29.9%
Netherlands	4.4	4.8	7.5	7.3	18.4%
France	5.5	4.9	5.7	5.6	0.6%
China	3.9	2.7	4.9	4.8	7.2%
Belgium	2.7	2.7	3.4	3.3	6.9%
Ireland	0.1	0.2	1.3	1.3	135.1%
Others	9.3	10.2	16.2	16.0	19.8%
Total	84.8	76.5	94.9	94.2	3.6%

Top Suppliers of Spectrometers and Spectrophotometers to Italy in 2022:

Germany (115.9K units)
France (20.3K units)
Switzerland (15.9K units)
United States (9.7K units)
China (8.6K units)
Netherlands (6.7K units)
Belgium (5.7K units)
Denmark (4.9K units)
Ireland (3.2K units)

Spectrometers and Spectrophotometers Exports in Italy

Spectrometers and spectrophotometers exports from Italy soared to 49K units in 2022, with an increase of 32% compared with 2021 figures. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports skyrocketed to $26M in 2022. Over the period under review, exports, however, saw a slight descent. The exports peaked at $27M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Spectrometers and Spectrophotometers in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.2	1.8	2.5	2.8	-4.4%
France	2.2	0.9	1.5	1.7	-8.2%
United Kingdom	1.7	1.6	1.4	1.7	0.0%
United States	1.7	1.2	1.3	1.5	-4.1%
Spain	1.5	1.2	1.3	1.5	0.0%
Nigeria	3.3	N/A	N/A	1.3	-26.7%
Belgium	0.6	0.2	1.1	1.2	26.0%
Germany	1.3	0.9	0.9	1.1	-5.4%
Switzerland	0.6	0.5	0.7	0.8	10.1%
Russia	0.6	0.4	0.8	0.8	10.1%
Turkey	0.6	0.8	0.6	0.7	5.3%
Pakistan	0.1	0.1	0.6	0.6	81.7%
India	0.6	0.5	0.6	0.6	0.0%
Others	9.1	9.5	7.2	9.7	2.2%
Total	27.1	19.4	20.4	26.2	-1.1%

Top Export Markets for Spectrometers and Spectrophotometers from Italy in 2022:

China (5.4K units)
France (3.2K units)
United Kingdom (3.0K units)
Spain (2.8K units)
United States (2.7K units)
Belgium (2.3K units)
Nigeria (2.3K units)
Germany (2.0K units)
Russia (1.6K units)
Switzerland (1.5K units)
Turkey (1.3K units)
Pakistan (1.2K units)
India (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations

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