Italy: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2024

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Italy

The Italian market for pulley tackle and hoists powered by an electric motor surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Italy

In value terms, production of pulley tackle and hoists powered by an electric motor contracted slightly to $X in 2022 estimated in export price. Overall, the total production indicated mild growth 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 2015 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Production of peaked at $X in 2021, and then contracted slightly in the following year.

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Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports from Italy

In 2022, shipments abroad of pulley tackle and hoists powered by an electric motor increased by X% to X units, rising for the second consecutive year after three years of decline. In general, total exports indicated a notable expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of pulley tackle and hoists powered by an electric motor rose rapidly to $X in 2022. Overall, total exports indicated mild growth 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The UK (X units), France (X units) and Bulgaria (X units) were the main destinations of exports of pulley tackle and hoists powered by an electric motor from Italy, together accounting for X% of total exports. Germany, Sweden, Switzerland, Canada, Australia, Poland, Spain, Slovenia, the United States and Denmark lagged somewhat behind, together accounting for 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 Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) were the largest markets for pulley tackle and hoists powered by an electric motor exported from Italy worldwide, with a combined X% share of total exports. The United States, Poland, Spain, Bulgaria, Sweden, Australia, Denmark, Switzerland, Slovenia and Canada lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Canada ($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.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports into Italy

In 2022, overseas purchases of pulley tackle and hoists powered by an electric motor increased by X% to X units, rising for the second consecutive year after six years of decline. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of pulley tackle and hoists powered by an electric motor rose sharply to $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 most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and Bulgaria (X units) were the main suppliers of imports of pulley tackle and hoists powered by an electric motor to Italy, together accounting for X% of total imports. Austria, Japan, the Netherlands, the UK and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Italy were Germany ($X), Bulgaria ($X) and China ($X), with a combined X% share of total imports. Japan, Switzerland, the UK, Austria and the Netherlands lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average import price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average 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 Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform