Italy: Market for Hand-Operated Drilling, Threading or Tapping Tools 2024

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Italy

The Italian market for hand-operated drilling, threading or tapping tools soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed a moderate increase. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Hand-Operated Drilling, Threading or Tapping Tools in Italy

In value terms, production of hand-operated drilling, threading or tapping tools reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Italy

Exports of hand-operated drilling, threading or tapping tools from Italy declined remarkably to X tons in 2022, waning by X% compared with the year before. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of hand-operated drilling, threading or tapping tools reduced remarkably to $X in 2022. Over the period under review, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons), France (X tons) and Serbia (X tons) were the main destinations of exports of hand-operated drilling, threading or tapping tools from Italy, with a combined X% share of total exports. Germany, Egypt, Spain, the UK, Portugal, Switzerland, the United States, Poland, Gambia and Libya lagged somewhat behind, together accounting for a further X%.

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

In value terms, Romania ($X), the United States ($X) and France ($X) were the largest markets for hand-operated drilling, threading or tapping tool exported from Italy worldwide, with a combined X% share of total exports. Germany, the UK, Spain, Poland, Portugal, Switzerland, Libya, Egypt, Serbia and Gambia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average export price for hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Gambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Italy

In 2022, imports of hand-operated drilling, threading or tapping tools into Italy surged to X tons, increasing by X% on 2021. Overall, total imports indicated a strong expansion 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hand-operated drilling, threading or tapping tools soared to $X in 2022. In general, total imports indicated strong 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, imports decreased by X% against 2020 indices. Over the period under review, imports of attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of hand-operated drilling, threading or tapping tools to Italy, with a combined X% share of total imports. The Netherlands, Belgium, Greece, Israel and Spain lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest hand-operated drilling, threading or tapping tool suppliers to Italy were Germany ($X), France ($X) and China ($X), together accounting for X% of total imports. Israel, the Netherlands, Belgium, Greece and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Greece, with a CAGR of X%, saw the highest growth rate of 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 hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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