Italy: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Italy

In 2022, the Italian market for belt type continuous-action elevators and conveyors for goods or materials increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Italy

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials skyrocketed to $X in 2022 estimated in export price. Over the period under review, production enjoyed a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports from Italy

In 2022, shipments abroad of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials rose significantly to $X in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for exports of belt type continuous-action elevators and conveyors for goods or materials from Italy, with a X% share of total exports. Moreover, exports of belt type continuous-action elevators and conveyors for goods or materials to the United States exceeded the volume sent to the second major destination, Poland (X units), twofold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Germany (X% per year).

In value terms, the United States ($X) remains the key foreign market for belt type continuous-action elevators and conveyors for goods or materials exports from Italy, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average export price for belt type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, shrinking by X% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for belt type continuous-action elevators and conveyors for goods or materials decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Australia ($X 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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports into Italy

In 2022, approx. X units of belt type continuous-action elevators and conveyors for goods or materials were imported into Italy; with an increase of X% against 2021. In general, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of imports of belt type continuous-action elevators and conveyors for goods or materials to Italy, with a combined X% share of total imports. Serbia, the UK, Slovenia, Turkey and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest belt type continuous-action elevator and conveyor suppliers to Italy, together comprising X% of total imports. China, Austria, Slovenia, Serbia and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, showed modest growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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