Italy: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Italy

The Italian sugar-manufacturing industrial machinery market totaled $X in 2022, surging by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Production in Italy

In value terms, sugar-manufacturing industrial machinery production rose significantly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Sugar-manufacturing industrial machinery production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Sugar-Manufacturing Industrial Machinery Exports

Exports from Italy

Sugar-manufacturing industrial machinery exports from Italy declined markedly to X units in 2022, reducing by X% on the previous year. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery exports dropped rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units), Russia (X units) and Egypt (X units) were the main destinations of sugar-manufacturing industrial machinery exports from Italy, with a combined X% share of total exports. Iran, Germany, the UK and Oman lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for sugar-manufacturing industrial machinery exported from Italy were Russia ($X), Egypt ($X) and Turkey ($X), with a combined X% share of total exports. The UK, Germany, Oman and Iran lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, recorded 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

In 2022, the average sugar-manufacturing industrial machinery export price amounted to $X per unit, falling by X% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Iran ($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 a decline.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Italy

In 2022, supplies from abroad of industrial machinery for the manufacture or preparation of sugar increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports dropped significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Colombia (X units) and the Netherlands (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to Italy, with a combined X% share of total imports. Moreover, sugar-manufacturing industrial machinery imports in Turkey exceeded the figures recorded by the second-largest supplier, Colombia, twofold.

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

In value terms, China ($X), Germany ($X) and Turkey ($X) constituted the largest sugar-manufacturing industrial machinery suppliers to Italy, with a combined X% share of total imports.

In terms of the main suppliers, China, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, declining by X% against the previous year. In general, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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