Italy: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Italy

In 2022, the Italian photo-copying apparatus market increased by 23% to $X, rising for the third consecutive year after two years of decline. In general, consumption continues to indicate a resilient expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Photo-Copying Apparatus Production in Italy

In value terms, photo-copying apparatus production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9,490,865,300% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Photo-Copying Apparatus Exports

Exports from Italy

In 2022, exports of photo-copying apparatus from Italy contracted notably to X units, waning by -15.4% against 2021 figures. Over the period under review, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 88% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, photo-copying apparatus exports fell sharply to $X in 2022. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 127% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Egypt (X units) was the main destination for photo-copying apparatus exports from Italy, accounting for a 21% share of total exports. Moreover, photo-copying apparatus exports to Egypt exceeded the volume sent to the second major destination, Switzerland (X units), threefold. France (X units) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+33.3% per year) and France (+17.7% per year).

In value terms, India ($X), Turkey ($X) and the United States ($X) constituted the largest markets for photo-copying apparatus exported from Italy worldwide, with a combined 36% share of total exports. Mexico, Saudi Arabia, Colombia, Egypt, Spain, France, Switzerland, Yemen, Malaysia and Morocco lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +42.4%, saw the highest growth rate of 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 photo-copying apparatus export price stood at $X per unit in 2022, reducing by -13% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 53% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Switzerland ($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 India (+9.1%), while the prices for the other major destinations experienced a decline.

Photo-Copying Apparatus Imports

Imports into Italy

In 2022, overseas purchases of photo-copying apparatus increased by 11% to X units, rising for the third consecutive year after two years of decline. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 91%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, photo-copying apparatus imports declined to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of photo-copying apparatus to Italy, with a 48% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+19.3% per year) and the Netherlands (+8.4% per year).

In value terms, the Netherlands ($X), Germany ($X) and China ($X) appeared to be the largest photo-copying apparatus suppliers to Italy, together accounting for 54% of total imports. France, Poland and Belgium lagged somewhat behind, together accounting for a further 14%.

Poland, with a CAGR of +188.8%, 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 photo-copying apparatus import price amounted to $X per unit, which is down by -15.7% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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