Italy: Mounting Lifting Equipment Market 2024

Mounting Lifting Equipment Market Size in Italy

The Italian mounting lifting equipment market skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mounting Lifting Equipment Production in Italy

In value terms, mounting lifting equipment production expanded slightly to $X in 2022 estimated in export price. In general, production, however, saw a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Mounting lifting equipment production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Mounting Lifting Equipment Exports

Exports from Italy

In 2022, shipments abroad of lifting equipment designed for mounting on road vehicles increased by less than X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounting lifting equipment exports contracted slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Austria (X units), Germany (X units) and France (X units) were the main destinations of mounting lifting equipment exports from Italy, with a combined X% share of total exports. Israel, the UK, the United States, the Netherlands, Spain, Canada, Chile, Belgium, Australia and Poland lagged somewhat behind, together comprising a further X%.

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

In value terms, Austria ($X), Germany ($X) and France ($X) constituted the largest markets for mounting lifting equipment exported from Italy worldwide, together accounting for X% of total exports. Israel, the United States, the UK, the Netherlands, Canada, Belgium, Spain, Australia, Chile and Poland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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 mounting lifting equipment export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then fell in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($X per unit) and Australia ($X per unit), while the average price for exports to Spain ($X per unit) and Israel ($X per unit) were amongst the lowest.

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

Mounting Lifting Equipment Imports

Imports into Italy

In 2022, the amount of lifting equipment designed for mounting on road vehicles imported into Italy shrank modestly to X units, dropping by X% on the year before. Over the period under review, total imports indicated mild 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, mounting lifting equipment imports stood at $X in 2022. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Austria (X units), Slovakia (X units) and France (X units) were the main suppliers of mounting lifting equipment imports to Italy, together comprising X% of total imports. Sweden, China, Slovenia, Germany, Belgium and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of lifting equipment designed for mounting on road vehicles to Italy, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Austria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and Sweden (X% per year).

Import Prices by Country

The average mounting lifting equipment import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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