Italy: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Italy

The Italian wood bending machine market surged to $X in 2022, jumping by X% against the previous year. In general, consumption saw temperate growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Wood Bending Machine Production in Italy

In value terms, wood bending machine production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a slight decrease. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

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Wood Bending Machine Exports

Exports from Italy

In 2022, approx. X units of bending or assembling machines were exported from Italy; picking up by X% on the previous year's figure. Overall, total exports indicated pronounced growth 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 2013 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wood bending machine exports amounted to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Guatemala (X units) and France (X units) were the main destinations of wood bending machine exports from Italy, with a combined X% share of total exports.

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

In value terms, the largest markets for wood bending machine exported from Italy were Germany ($X), the United States ($X) and Poland ($X), together comprising X% of total exports. The UK, France, Russia, Romania, Belgium, Canada, Spain, the United Arab Emirates, Slovenia and Guatemala lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Guatemala, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wood bending machine export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Guatemala ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into Italy

In 2022, supplies from abroad of bending or assembling machines increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood bending machine imports declined to $X in 2022. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest wood bending machine supplier to Italy, accounting for a X% share of total imports. Moreover, wood bending machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of bending or assembling machines to Italy, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average wood bending machine import price amounted to $X per unit, declining by X% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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