Italy: Concrete Mixer Market 2024

Concrete Mixer Market Size in Italy

In 2021, the Italian concrete mixer market decreased by -21.3% to $X, falling for the second consecutive year after three years of growth. Overall, consumption recorded a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concrete Mixer Production in Italy

In value terms, concrete mixer production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Concrete Mixer Exports

Exports from Italy

In 2021, after three years of decline, there was significant growth in shipments abroad of concrete or mortar mixers, when their volume increased by 26% to X units. In general, exports, however, continue to indicate a noticeable descent. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete mixer exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for concrete mixer exports from Italy, with a 18% share of total exports. Moreover, concrete mixer exports to France exceeded the volume sent to the second major destination, Romania (X units), threefold. Spain (X units) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+12.6% per year) and Spain (+9.7% per year).

In value terms, France ($X) remains the key foreign market for concrete or mortar mixers exports from Italy, comprising 18% of total exports. The second position in the ranking was held by the United States ($X), with a 6.1% share of total exports. It was followed by Spain, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+5.4% per year) and Spain (+11.0% per year).

Export Prices by Country

The average concrete mixer export price stood at $X per unit in 2021, with an increase of 4.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.2%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Albania ($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 Egypt (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Italy

In 2021, the amount of concrete or mortar mixers imported into Italy surged to X units, growing by 72% on 2020. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 138%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, concrete mixer imports soared to $X in 2021. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 114% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Turkey (X units), China (X units) and the Netherlands (X units) were the main suppliers of concrete mixer imports to Italy, together accounting for 87% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +102.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of concrete or mortar mixers to Italy, comprising 41% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports. It was followed by China, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +98.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+22.7% per year) and China (-0.5% per year).

Import Prices by Country

The average concrete mixer import price stood at $X per unit in 2021, increasing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2016 an increase of 21% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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