Italy - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Italy - 2023
Contents:
- Test Bench Price in Italy (FOB) - 2022
- Test Bench Price in Italy (CIF) - 2023
- Test Bench Exports in Italy
- Test Bench Imports in Italy
Test Bench Price in Italy (FOB) - 2022
In 2022, the average test bench export price amounted to $5,887 per unit, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a mild curtailment. The pace of growth was the most pronounced in 2017 an increase of 8.2% against the previous year. The export price peaked at $7,074 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($10,931 per unit), while the average price for exports to Serbia ($1,467 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 Hungary (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Price in Italy (CIF) - 2023
The average test bench import price stood at $2,735 per unit in June 2023, shrinking by -22.5% against the previous month. In general, the import price continues to indicate a slight setback. The pace of growth was the most pronounced in May 2023 when the average import price increased by 64% m-o-m. The import price peaked at $4,151 per unit in March 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($7,575 per unit), while the price for Turkey ($775 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 (+5.4%), while the prices for the other major suppliers experienced a decline.
Test Bench Exports in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of test benches, when their volume decreased by -18.8% to 30K units. In general, exports saw a mild setback. The growth pace was the most rapid in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 37K units, and then fell sharply in the following year.
In value terms, test bench exports shrank markedly to $177M in 2022. Over the period under review, exports continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 14%. As a result, the exports attained the peak of $218M, and then declined notably in the following year.
| Export of Test Bench in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.1 | 31.9 | 27.4 | 20.3 | 2.1% |
| United States | 15.5 | 9.6 | 17.0 | 17.1 | 3.3% |
| China | 26.4 | 23.1 | 19.4 | 15.5 | -16.3% |
| Poland | 14.0 | 18.8 | 10.1 | 12.7 | -3.2% |
| Turkey | 4.3 | 11.0 | 7.2 | 11.2 | 37.6% |
| Hungary | 2.0 | 4.9 | 5.7 | 10.6 | 74.4% |
| France | 16.8 | 8.4 | 20.3 | 9.8 | -16.4% |
| Mexico | 8.6 | 13.0 | 22.4 | 8.5 | -0.4% |
| United Kingdom | 4.2 | 10.6 | 7.0 | 8.3 | 25.5% |
| Belgium | 0.6 | 2.5 | 6.0 | 5.7 | 111.8% |
| Romania | 7.2 | 7.6 | 5.9 | 4.9 | -12.0% |
| India | 12.3 | 4.7 | 4.4 | 4.5 | -28.5% |
| Serbia | 0.9 | 1.9 | 3.7 | 1.6 | 21.1% |
| Others | 59.5 | 43.5 | 61.2 | 46.0 | -8.2% |
| Total | 191 | 191 | 218 | 177 | -2.5% |
Top Export Markets for Test Bench from Italy in 2022:
- Germany (3.1K units)
- China (2.5K units)
- United Kingdom (2.0K units)
- Belgium (2.0K units)
- United States (1.8K units)
- France (1.8K units)
- Turkey (1.7K units)
- Poland (1.7K units)
- Hungary (1.3K units)
- Serbia (1.1K units)
- Mexico (0.8K units)
- India (0.8K units)
- Romania (0.7K units)
Test Bench Imports in Italy
Test bench imports into Italy shrank modestly to 15K units in 2022, waning by -1.6% compared with the year before. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports reached the peak figure at 17K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, test bench imports rose rapidly to $48M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Test Bench in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 9.0 | 12.4 | 18.8 | 22.1 | 34.9% |
| Germany | 14.8 | 12.8 | 11.2 | 15.2 | 0.9% |
| Czech Republic | 5.7 | 5.2 | 5.3 | 4.0 | -11.1% |
| Netherlands | 0.3 | N/A | 0.7 | 1.8 | 81.7% |
| Others | 10.9 | 5.3 | 9.5 | 5.1 | -22.4% |
| Total | 40.8 | 35.7 | 45.4 | 48.3 | 5.8% |
Top Suppliers of Test Bench to Italy in 2022:
- Austria (5.4K units)
- Germany (4.7K units)
- Czech Republic (3.8K units)
- Netherlands (0.3K units)
This report provides an in-depth analysis of the test bench 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 26516620 - Test benches
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
- 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
-
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
-
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
-
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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