Italy - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Italy - 2023
Contents:
- Thermostat Price in Italy (FOB) - 2023
- Thermostat Price in Italy (CIF) - 2023
- Thermostat Exports in Italy
- Thermostat Imports in Italy
Thermostat Price in Italy (FOB) - 2023
The average thermostat export price stood at $4.4 per unit in June 2023, shrinking by -9.9% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 32% against the previous month. As a result, the export price attained the peak level of $4.9 per unit. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($10.7 per unit), while the average price for exports to Tunisia ($1.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Price in Italy (CIF) - 2023
The average thermostat import price stood at $2.4 per unit in June 2023, with a decrease of -22.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 56% month-to-month. As a result, import price attained the peak level of $4.0 per unit. From December 2022 to June 2023, the average import prices remained 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 the Netherlands ($11.7 per unit), while the price for Tunisia ($732 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Exports in Italy
Thermostat exports from Italy shrank slightly to 44M units in 2022, approximately equating 2021 figures. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 44M units, leveling off in the following year.
In value terms, thermostat exports skyrocketed to $308M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +54.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Thermostat in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.3 | 21.5 | 34.2 | 34.8 | 16.0% |
| Germany | 17.5 | 17.6 | 20.8 | 25.9 | 14.0% |
| Spain | 19.1 | 14.7 | 20.2 | 25.6 | 10.3% |
| United States | 13.4 | 8.0 | 13.0 | 18.9 | 12.1% |
| Turkey | 10.1 | 11.7 | 12.3 | 17.9 | 21.0% |
| United Kingdom | 10.3 | 9.4 | 10.0 | 11.0 | 2.2% |
| Saudi Arabia | 5.4 | 6.2 | 8.9 | 9.2 | 19.4% |
| Egypt | 5.0 | 4.1 | 5.1 | 6.6 | 9.7% |
| Russia | 8.8 | 7.1 | 9.3 | 6.6 | -9.1% |
| Romania | 5.2 | 5.1 | 6.2 | 6.1 | 5.5% |
| United Arab Emirates | 6.3 | 3.9 | 4.9 | 4.8 | -8.7% |
| Tunisia | 4.0 | 3.5 | 3.7 | 4.2 | 1.6% |
| Iraq | 3.0 | 2.6 | 2.2 | 2.2 | -9.8% |
| Others | 88.6 | 84.1 | 112 | 135 | 15.1% |
| Total | 219 | 200 | 263 | 308 | 12.0% |
Top Export Markets for Thermostat from Italy in 2022:
- France (4.6M units)
- Turkey (3.5M units)
- Tunisia (3.1M units)
- Saudi Arabia (2.7M units)
- Spain (2.3M units)
- Romania (2.1M units)
- Germany (2.0M units)
- Egypt (1.8M units)
- United States (1.5M units)
- Russia (1.4M units)
- United Kingdom (1.3M units)
- United Arab Emirates (1.0M units)
- Iraq (1.0M units)
Thermostat Imports in Italy
In 2022, the amount of thermostats imported into Italy dropped to 42M units, waning by -13.6% against the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, imports attained the peak of 48M units, and then shrank in the following year.
In value terms, thermostat imports skyrocketed to $180M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Thermostat in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.7 | 27.7 | 40.9 | 45.2 | 16.3% |
| China | 20.3 | 19.1 | 27.3 | 41.4 | 26.8% |
| France | 13.9 | 12.8 | 18.5 | 21.3 | 15.3% |
| Denmark | 1.2 | 0.8 | 4.6 | 11.9 | 114.8% |
| Netherlands | 5.0 | 5.1 | 7.1 | 9.5 | 23.9% |
| Czech Republic | 5.9 | 4.8 | 4.8 | 6.3 | 2.2% |
| Tunisia | 3.7 | 3.4 | 6.2 | 5.8 | 16.2% |
| Romania | 3.6 | 2.5 | 3.2 | 4.4 | 6.9% |
| Croatia | 13.8 | 11.9 | 13.0 | 4.1 | -33.3% |
| Japan | 2.4 | 1.9 | 2.0 | 1.4 | -16.4% |
| Luxembourg | 1.1 | 0.6 | 1.2 | 1.3 | 5.7% |
| Others | 32.0 | 24.8 | 25.9 | 27.8 | -4.6% |
| Total | 132 | 115 | 155 | 180 | 10.9% |
Top Suppliers of Thermostat to Italy in 2022:
- China (10.5M units)
- Germany (7.2M units)
- Tunisia (4.6M units)
- France (4.1M units)
- Netherlands (3.6M units)
- Romania (1.9M units)
- Luxembourg (1.4M units)
- Croatia (1.3M units)
- Denmark (1.1M units)
- Japan (1.1M units)
- Czech Republic (1.0M units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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
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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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Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
868
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
692
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
