Italy: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Italy

The Italian wood slicing machine market surged to $X in 2021, rising by 18% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Wood slicing machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Wood Slicing Machine Production in Italy

In value terms, wood slicing machine production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 21%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Wood Slicing Machine Exports

Exports from Italy

Wood slicing machine exports from Italy declined to X units in 2021, falling by -10.6% compared with the previous year's figure. In general, exports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood slicing machine exports reduced modestly to $X in 2021. Over the period under review, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), Spain (X units) and France (X units) were the main destinations of wood slicing machine exports from Italy, with a combined 55% share of total exports. Portugal, Japan, Greece, Switzerland, Belgium, Ireland, the UK, Norway and the United States lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +22.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood slicing machine exported from Italy were France ($X), Germany ($X) and the United States ($X), with a combined 44% share of total exports. Spain, Portugal, the UK, Belgium, Switzerland, Japan, Greece, Norway and Ireland lagged somewhat behind, together comprising a further 19%.

Portugal, with a CAGR of +26.4%, 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 wood slicing machine export price stood at $X per unit in 2021, growing by 10% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 49%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Italy

After two years of decline, overseas purchases of splitting, slicing or paring machines increased by 16% to X units in 2021. In general, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, wood slicing machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 303%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wood slicing machine to Italy, accounting for a 87% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.8%.

In value terms, the largest wood slicing machine suppliers to Italy were Germany ($X) and China ($X).

Among the main suppliers, China, with a CAGR of +5.0%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, growing by 15% against the previous year. In general, the import price saw a notable expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 151%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.1%).

Source: IndexBox Market Intelligence Platform

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