Italy: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Italy

For the third year in a row, the Italian non-electronic hydro- and hygrometers market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Italy

In value terms, non-electronic hydro- and hygrometers production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Non-electronic hydro- and hygrometers production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Italy

In 2022, after five years of growth, there was significant decline in overseas shipments of non-electronic hydro-, hygro-, psychrometers, when their volume decreased by X% to X units. Over the period under review, exports, however, posted prominent growth. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, non-electronic hydro- and hygrometers exports declined to $X in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

France (X units), Germany (X units) and the United States (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Italy, together accounting for X% of total exports. The UK, the Czech Republic, Switzerland, Poland, China, Spain, Australia, Hong Kong SAR, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for non-electronic hydro- and hygrometers exported from Italy were the United States ($X), the UK ($X) and France ($X), with a combined X% share of total exports. Turkey, Switzerland, Spain, Hong Kong SAR, Germany, China, the Czech Republic, Poland, Australia and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Hong Kong SAR, 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

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2022, almost unchanged from the previous year. In general, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 Turkey ($X per unit), while the average price for exports to France ($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 Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Italy

In 2022, after two years of growth, there was decline in supplies from abroad of non-electronic hydro-, hygro-, psychrometers, when their volume decreased by X% to X units. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then shrank modestly in the following year.

In value terms, non-electronic hydro- and hygrometers imports shrank dramatically to $X in 2022. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Germany (X units), France (X units) and China (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Italy, with a combined X% share of total imports. The Netherlands, Poland, Spain, Austria, the United States and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest non-electronic hydro- and hygrometers suppliers to Italy, with a combined X% share of total imports. China, Austria, the United States, Poland, the UK and Spain lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average non-electronic hydro- and hygrometers import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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