Italy: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Italy

After two years of growth, the Italian non-electric roasting furnace market decreased by X% to $X in 2022. Over the period under review, consumption, however, showed modest growth. Over the period under review, the market attained the peak level at $X in 2021, and then dropped markedly in the following year.

Non-Electric Roasting Furnace Production in Italy

In value terms, non-electric roasting furnace production dropped dramatically to $X in 2022 estimated in export price. Overall, production, however, showed perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Non-Electric Roasting Furnace Exports

Exports from Italy

In 2022, the amount of non-electric furnaces and ovens for the roasting or melting exported from Italy soared to X units, increasing by X% against 2021 figures. Over the period under review, exports, however, recorded a deep reduction. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace exports soared to $X in 2022. In general, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Switzerland (X units) and Poland (X units) were the main destinations of non-electric roasting furnace exports from Italy, together comprising X% of total exports. Turkey, Mexico, Ukraine, India, the United Arab Emirates, Hong Kong SAR, Bosnia and Herzegovina, the Netherlands, France and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) remains the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

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

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, export price indicated a noticeable increase 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, non-electric roasting furnace export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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

Non-Electric Roasting Furnace Imports

Imports into Italy

Non-electric roasting furnace imports into Italy soared to X units in 2022, increasing by X% on 2021. Overall, imports, however, recorded a sharp slump. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace imports surged to $X in 2022. In general, imports, however, continue to indicate a slight shrinkage. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest non-electric roasting furnace supplier to Italy, with a X% share of total imports. Moreover, non-electric roasting furnace imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X units), twofold. The third position in this ranking was taken by Slovenia (X units), with a X% share.

From 2020 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X), Canada ($X) and Slovenia ($X) were the largest non-electric roasting furnace suppliers to Italy, with a combined X% share of total imports. Switzerland, Denmark, Belgium, China, Sweden, the Netherlands and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average non-electric roasting furnace import price amounted to $X per unit, rising by X% against the previous year. In general, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :