Italy: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Italy

After three years of growth, the Italian market for electric generating sets and rotary converters decreased by X% to $X in 2021. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by X% against 2017 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Electric Generating Sets And Rotary Converters in Italy

In value terms, production of electric generating sets and rotary converters reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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Exports of Electric Generating Sets And Rotary Converters

Exports from Italy

Exports of electric generating sets and rotary converters from Italy was estimated at X units in 2021, surging by X% compared with the year before. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of electric generating sets and rotary converters surged to $X in 2021. Overall, exports, however, recorded a drastic downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X units), Myanmar (X units) and the United States (X units) were the main destinations of exports of electric generating sets and rotary converters from Italy, with a combined X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric generating set and rotary converter exported from Italy were Myanmar ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports.

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to 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 electric generating sets and rotary converters stood at $X per unit in 2020, waning by X% against the previous year. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Italy

For the fourth consecutive year, Italy recorded growth in supplies from abroad of electric generating sets and rotary converters, which increased by X% to X units in 2021. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric generating sets and rotary converters skyrocketed to $X in 2021. In general, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Austria (X units), China (X units) and Germany (X units) were the main suppliers of imports of electric generating sets and rotary converters to Italy.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Austria ($X) and the United States ($X) constituted the largest electric generating set and rotary converter suppliers to Italy.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, dropping by X% against the previous year. Overall, the import price showed a sharp slump. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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