Italy - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Import of Pliers and Pincers Increases Significantly to $45M in 2023
Italy Pliers And Pincers Imports
In 2023, approx. 5.1K tons of pliers, pincers and tweezers for nonmedical use were imported into Italy; growing by 20% against 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2022 when imports increased by 55% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.
In value terms, pliers and pincers imports reached $45M (IndexBox estimates) in 2023. The total import value increased at an average annual rate of +4.3% over the period from 2013 to 2023; 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 35%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.
| COUNTRY | Import Value of Pliers And Pincers in Italy (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Germany | 10.6 | 12.7 | 13.3 | 13.5 | 14.7 | 12.4 | 11.7 | 10.4 | 13.9 | 15.4 | 17.5 |
| China | 5.1 | 5.4 | 6.0 | 5.6 | 6.2 | 6.5 | 7.6 | 6.3 | 9.6 | 9.3 | 8.4 |
| Taiwan (Chinese) | 2.6 | 3.0 | 2.9 | 3.2 | 3.4 | 3.1 | 3.3 | 2.3 | 3.2 | 3.3 | 3.4 |
| France | 3.2 | 3.6 | 2.5 | 2.6 | 3.7 | 1.2 | 1.9 | 2.5 | 4.1 | 3.4 | 3.2 |
| Netherlands | 0.6 | 0.7 | 0.6 | 0.9 | 0.9 | 1.2 | 0.9 | 1.1 | 0.8 | 1.0 | 2.5 |
| Belgium | 0.6 | 0.7 | 0.5 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 1.1 | 1.5 | 2.2 |
| Spain | 0.8 | 0.9 | 0.6 | 0.7 | 0.8 | 0.9 | 1.3 | 1.4 | 1.5 | 2.4 | 2.1 |
| United States | 1.2 | 1.3 | 1.2 | 0.9 | 0.7 | 0.8 | 0.6 | 0.7 | 1.0 | 0.7 | 1.6 |
| Others | 4.5 | 4.6 | 4.2 | 4.6 | 5.2 | 5.2 | 5.2 | 5.1 | 5.9 | 4.3 | 3.7 |
| Total | 29.3 | 32.9 | 31.9 | 32.9 | 36.3 | 31.9 | 33.3 | 30.5 | 41.1 | 41.3 | 44.6 |
Imports by Country
China (1.5K tons), Germany (1.4K tons) and the Netherlands (733 tons) were the main suppliers of pliers and pincers imports to Italy, with a combined 71% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($17M) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to Italy, comprising 39% of total imports. The second position in the ranking was taken by China ($8.4M), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 7.7% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Germany amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.1% per year) and Taiwan (Chinese) (+2.6% per year).
Import Prices by Country
In 2023, the pliers and pincers price stood at $8,804 per ton (CIF, Italy), dropping by -9.8% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 8.7%. The import price peaked at $16,978 per ton in 2013; however, from 2014 to 2023, 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 Taiwan (Chinese) ($15,601 per ton), while the price for the Netherlands ($3,456 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.7%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the pliers and pincers market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
