Italy: Fuel Filter Market 2024

Fuel Filter Market Size in Italy

In 2022, the Italian fuel filter market increased by X% to $X, rising for the third year in a row after five years of decline. In general, consumption, however, showed a mild descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Fuel Filter Production in Italy

In value terms, fuel filter production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Fuel filter production peaked in 2022 and is likely to continue growth in the near future.

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Fuel Filter Exports

Exports from Italy

In 2022, shipments abroad of oil or petrol-filters for internal combustion engines decreased by X% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fuel filter exports shrank to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), France (X units) and Spain (X units) were the main destinations of fuel filter exports from Italy, with a combined X% share of total exports. Poland, Turkey, the UK, Belgium, Sweden, Brazil, Romania, Portugal, the United States and the Czech Republic 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 Sweden (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for fuel filter exported from Italy were Germany ($X), France ($X) and Spain ($X), with a combined X% share of total exports. The United States, Poland, the UK, Turkey, Belgium, Brazil, Sweden, the Czech Republic, Romania and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Sweden, 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 fuel filter export price stood at $X per unit in 2022, flattening at the previous year. Overall, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank modestly in the following year.

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

Fuel Filter Imports

Imports into Italy

In 2022, imports of oil or petrol-filters for internal combustion engines into Italy rose notably to X units, growing by X% on 2021. In general, imports, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fuel filter imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest fuel filter supplier to Italy, accounting for a X% share of total imports. Moreover, fuel filter imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Tunisia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Tunisia (X% per year).

In value terms, the largest fuel filter suppliers to Italy were China ($X), Germany ($X) and Tunisia ($X), together accounting for X% of total imports. France, Belgium, Poland, the Czech Republic, India, the UK and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, 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

The average fuel filter import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then shrank in the following year.

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 UK ($X per unit), while the price for Turkey ($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 more modest paces of growth.

Source: IndexBox Platform

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