Italy - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoring Machinery Price in Italy - 2023
Contents:
- Boring Machinery Price in Italy (FOB) - 2022
- Boring Machinery Price in Italy (CIF) - 2022
- Boring Machinery Exports in Italy
- Boring Machinery Imports in Italy
Boring Machinery Price in Italy (FOB) - 2022
The average boring machinery export price stood at $81,968 per unit in 2022, growing by 79% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $82,936 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($201,319 per unit), while the average price for exports to Albania ($15,478 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 Oman (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Boring Machinery Price in Italy (CIF) - 2022
In 2022, the average boring machinery import price amounted to $59,407 per unit, falling by -32.5% against the previous year. Overall, the import price, however, enjoyed a measured expansion. The pace of growth appeared the most rapid in 2021 an increase of 114% against the previous year. As a result, import price attained the peak level of $87,995 per unit, and then declined markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($108,866 per unit), while the price for Algeria ($11,184 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+1.9%), while the prices for the other major suppliers experienced a decline.
Boring Machinery Exports in Italy
In 2022, approx. 720 units of boring or sinking machinery were exported from Italy; falling by -48.8% compared with 2021 figures. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 387%. As a result, the exports attained the peak of 1.4K units, and then shrank significantly in the following year.
In value terms, boring machinery exports fell to $59M in 2022. In general, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 192%. As a result, the exports reached the peak of $64M, and then shrank in the following year.
Export of Boring Machinery in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 6.4 | 6.5 | N/A | 15.5 | 34.3% |
United States | 3.0 | 0.9 | 1.2 | 15.0 | 71.0% |
India | 0.1 | 0.3 | 38.7 | 12.5 | 400.0% |
Thailand | 0.5 | 2.2 | 6.4 | 3.3 | 87.6% |
Israel | 0.5 | N/A | 0.5 | 2.2 | 63.9% |
Albania | N/A | N/A | 0.1 | 0.6 | 500.0% |
Argentina | 3.0 | 0.1 | N/A | 0.3 | -53.6% |
United Arab Emirates | 0.4 | N/A | 6.4 | 0.2 | -20.6% |
Ukraine | 21.9 | N/A | N/A | N/A | 0% |
Others | 13.3 | 12.0 | 11.1 | 9.3 | -11.2% |
Total | 49.1 | 22.1 | 64.5 | 59.1 | 6.4% |
Top Export Markets for Boring Machinery from Italy in 2022:
- Russia (210.0 units)
- India (177.0 units)
- United States (107.0 units)
- Albania (41.0 units)
- Israel (40.0 units)
- Thailand (30.0 units)
- United Arab Emirates (15.0 units)
- Argentina (4.0 units)
Boring Machinery Imports in Italy
After two years of decline, purchases abroad of boring or sinking machinery increased by 270% to 137 units in 2022. In general, imports, however, faced a abrupt curtailment. Over the period under review, imports hit record highs at 227 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, boring machinery imports surged to $8.1M in 2022. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the peak figure at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Boring Machinery in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4,639 | 759 | 50.0 | 2,059 | -23.7% |
Netherlands | 1,007 | 250 | 15.9 | 1,747 | 20.2% |
United States | 369 | 926 | 88.5 | 619 | 18.8% |
China | 570 | 508 | 230 | 616 | 2.6% |
France | 7.5 | 135 | 63.8 | 503 | 306.3% |
Switzerland | 126 | 849 | 57.7 | 356 | 41.4% |
Czech Republic | 457 | 119 | 40.8 | 106 | -38.6% |
Bulgaria | 886 | 24.6 | N/A | N/A | -97.2% |
Colombia | 409 | N/A | N/A | N/A | 0% |
Austria | 554 | 36.7 | 66.7 | N/A | -65.3% |
Greece | 1,091 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 12.1 | 2,282 | N/A | 18759.5% |
Saudi Arabia | N/A | 208 | N/A | N/A | 0% |
Others | 4,657 | 1,568 | 344 | 2,133 | -22.9% |
Total | 14,771 | 5,395 | 3,239 | 8,139 | -18.0% |
Top Suppliers of Boring Machinery to Italy in 2022:
- Germany (37.0 units)
- Netherlands (24.0 units)
- France (23.0 units)
- China (18.0 units)
- Switzerland (15.0 units)
- United States (6.0 units)
- Czech Republic (3.0 units)
This report provides an in-depth analysis of the boring 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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
-
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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