Italy: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in Italy

The Italian snow motor vehicle market shrank notably to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible increase. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Snow Motor Vehicle Production in Italy

In value terms, snow motor vehicle production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a sharp reduction. The most prominent rate of growth was recorded in 2014 when the production volume decreased by X% against the previous year. Snow motor vehicle production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Snow Motor Vehicle Exports

Exports from Italy

In 2022, snow motor vehicle exports from Italy soared to X units, surging by X% against the previous year's figure. The total export volume 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 pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, snow motor vehicle exports contracted to $X in 2022. In general, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units), Slovakia (X units) and the United States (X units) were the main destinations of snow motor vehicle exports from Italy, together accounting for X% of total exports. Spain, Australia, Croatia, the Netherlands, Bulgaria, France, Albania, Slovenia, Greece and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Slovakia ($X) constituted the largest markets for snow motor vehicle exported from Italy worldwide, together comprising X% of total exports. Spain, the UK, Albania, Greece, the Netherlands, Croatia, Australia, China, Bulgaria and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Croatia, with a CAGR of X%, recorded 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 snow motor vehicle export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports into Italy

Snow motor vehicle imports into Italy dropped to X units in 2022, reducing by X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, snow motor vehicle imports dropped markedly to $X in 2022. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

Germany (X units), China (X units) and Sweden (X units) were the main suppliers of snow motor vehicle imports to Italy, with a combined X% share of total imports. The United States, Taiwan (Chinese), France, Belgium, Vietnam, the Netherlands, Poland, Spain, Bulgaria and Hungary lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest snow motor vehicle suppliers to Italy were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average snow motor vehicle import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price, however, saw resilient growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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