Italy: Hydraulic Press Market 2024

Hydraulic Press Market Size in Italy

After two years of decline, the Italian hydraulic press market increased by X% to $X in 2022. Over the period under review, consumption recorded a slight increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Press Production in Italy

In value terms, hydraulic press production contracted to $X in 2022 estimated in export price. In general, production saw a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Hydraulic Press Exports

Exports from Italy

Hydraulic press exports from Italy shrank sharply to X units in 2022, waning by X% compared with the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic press exports dropped notably to $X in 2022. Over the period under review, total exports indicated a moderate increase 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 pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for hydraulic press exports from Italy, accounting for a X% share of total exports. Moreover, hydraulic press exports to the United States exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was held by the UK (X units), with a X% share.

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

In value terms, the United States ($X), Turkey ($X) and Germany ($X) appeared to be the largest markets for hydraulic press exported from Italy worldwide, together accounting for X% of total exports. China, France, Spain, India, the UK, Switzerland, Australia, Greece, Lithuania and Indonesia lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average hydraulic press export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, export price indicated a measured expansion 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, hydraulic press export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

Hydraulic Press Imports

Imports into Italy

In 2022, imports of hydraulic presses for working metal into Italy totaled X units, picking up by X% compared with the year before. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hydraulic press imports declined sharply to $X in 2022. Over the period under review, imports posted a noticeable increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hydraulic press to Italy, with a X% share of total imports. Moreover, hydraulic press imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Spain (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest hydraulic press suppliers to Italy were China ($X), Switzerland ($X) and Germany ($X), with a combined X% share of total imports. Spain, Finland, Sweden, Taiwan (Chinese) and France lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average hydraulic press import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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