Italy - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFood Manufacture Machinery Price in Italy - 2023
Contents:
- Food Manufacture Machinery Price in Italy (FOB) - 2023
- Food Manufacture Machinery Price in Italy (CIF) - 2022
- Food Manufacture Machinery Exports in Italy
- Food Manufacture Machinery Imports in Italy
Food Manufacture Machinery Price in Italy (FOB) - 2023
The average food manufacture machinery export price stood at $5,069 per unit in May 2023, with an increase of 29% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 44% month-to-month. The export price peaked in May 2023.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Turkey ($6,751 per unit), while the average price for exports to Portugal ($2,611 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Food Manufacture Machinery Price in Italy (CIF) - 2022
In 2022, the average food manufacture machinery import price amounted to $4,079 per unit, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $4,854 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($7,609 per unit), while the price for Albania ($893 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Food Manufacture Machinery Exports in Italy
In 2022, approx. 127K units of machinery for the preparation or manufacture of food or drink were exported from Italy; growing by 6.8% on 2021 figures. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, food manufacture machinery exports declined slightly to $481M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of $484M, leveling off in the following year.
| Export of Food Manufacture Machinery in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.1 | 42.3 | 54.9 | 44.1 | 13.6% |
| Germany | 29.9 | 34.5 | 38.6 | 35.2 | 5.6% |
| France | 25.6 | 25.4 | 30.2 | 25.9 | 0.4% |
| China | 17.5 | 11.0 | 17.8 | 20.7 | 5.8% |
| United Kingdom | 14.5 | 16.1 | 26.2 | 15.9 | 3.1% |
| Spain | 13.8 | 12.0 | 17.6 | 15.5 | 3.9% |
| Algeria | 21.5 | 11.0 | 9.0 | 14.8 | -11.7% |
| Australia | 8.9 | 11.6 | 10.8 | 14.5 | 17.7% |
| Saudi Arabia | 13.5 | 12.9 | 19.2 | 13.8 | 0.7% |
| South Korea | 7.1 | 8.2 | 12.5 | 11.7 | 18.1% |
| Russia | 11.2 | 11.1 | 9.6 | 10.0 | -3.7% |
| Cote d'Ivoire | 0.1 | 1.4 | 0.9 | 8.5 | 339.7% |
| Egypt | 2.8 | 2.7 | 5.6 | 4.9 | 20.5% |
| Others | 229 | 208 | 231 | 245 | 2.3% |
| Total | 426 | 408 | 484 | 481 | 4.1% |
Top Export Markets for Food Manufacture Machinery from Italy in 2022:
- Cote d'Ivoire (9.6K units)
- Germany (8.3K units)
- United States (8.2K units)
- France (6.9K units)
- China (5.0K units)
- United Kingdom (3.8K units)
- Australia (3.7K units)
- Algeria (3.5K units)
- Egypt (3.5K units)
- Spain (3.2K units)
- Saudi Arabia (3.1K units)
- South Korea (2.7K units)
- Russia (2.5K units)
Food Manufacture Machinery Imports in Italy
In 2022, food manufacture machinery imports into Italy declined rapidly to 11K units, dropping by -19.1% on 2021. Overall, imports, however, showed a temperate increase. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. As a result, imports reached the peak of 14K units, and then contracted markedly in the following year.
In value terms, food manufacture machinery imports shrank significantly to $47M in 2022. Over the period under review, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $57M, and then declined sharply in the following year.
| Import of Food Manufacture Machinery in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.9 | 10.3 | 20.2 | 11.6 | -5.9% |
| France | 8.5 | 3.8 | 7.6 | 9.4 | 3.4% |
| Spain | 8.5 | 4.3 | 9.5 | 8.8 | 1.2% |
| Denmark | 3.9 | 1.7 | 1.8 | 4.1 | 1.7% |
| China | 1.3 | 1.1 | 5.2 | 2.7 | 27.6% |
| United States | 1.9 | 1.0 | 0.4 | 1.5 | -7.6% |
| Switzerland | 3.4 | 1.4 | 1.4 | 1.3 | -27.4% |
| Netherlands | 0.1 | 1.7 | 2.9 | 1.1 | 122.4% |
| Albania | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Belgium | 2.1 | 0.7 | 1.1 | 0.6 | -34.1% |
| Others | 6.7 | 5.0 | 6.9 | 4.6 | -11.8% |
| Total | 50.4 | 30.9 | 57.1 | 46.6 | -2.6% |
Top Suppliers of Food Manufacture Machinery to Italy in 2022:
- France (2.2K units)
- Germany (2.2K units)
- Spain (1.9K units)
- China (1.7K units)
- Albania (1.0K units)
- Denmark (0.5K units)
- Netherlands (0.4K units)
- United States (0.2K units)
- Switzerland (0.2K units)
- Belgium (0.2K units)
This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.
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
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