Italy: Market for Radiators for Central Heating (not Electrically Heated) 2024

Market Size for Radiators for Central Heating (not Electrically Heated) in Italy

The Italian non-electric central heating radiator market dropped to $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. Non-electric central heating radiator consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Radiators for Central Heating (not Electrically Heated) in Italy

In value terms, non-electric central heating radiator production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Exports of Radiators for Central Heating (not Electrically Heated)

Exports from Italy

In 2022, exports of radiators for central heating (not electrically heated) from Italy dropped markedly to X units, which is down by X% compared with the previous year's figure. Overall, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, non-electric central heating radiator exports fell to $X in 2022. In general, exports saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for non-electric central heating radiator exports from Italy, accounting for a X% share of total exports. Moreover, non-electric central heating radiator exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for radiators for central heating (not electrically heated) exports from Italy, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average non-electric central heating radiator export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Imports of Radiators for Central Heating (not Electrically Heated)

Imports into Italy

In 2022, the amount of radiators for central heating (not electrically heated) imported into Italy reduced to X units, declining by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, non-electric central heating radiator imports expanded slightly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. 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 attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Turkey (X units) and Romania (X units) were the main suppliers of non-electric central heating radiator imports to Italy, together accounting for X% of total imports. The Czech Republic and China lagged somewhat behind, together comprising 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 Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric central heating radiator suppliers to Italy were Germany ($X), Turkey ($X) and Romania ($X), with a combined X% share of total imports. The Czech Republic and China lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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 central heating radiator import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild descent. 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 Czech Republic ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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