Italy - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBuilt-in Jacking System Price in Italy - 2023
Contents:
- Built-in Jacking System Price in Italy (FOB) - 2023
- Built-in Jacking System Price in Italy (CIF) - 2023
- Built-in Jacking System Exports in Italy
- Built-in Jacking System Imports in Italy
Built-in Jacking System Price in Italy (FOB) - 2023
The average built-in jacking system export price stood at $3,800 per unit in July 2023, waning by -5.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices hit record highs at $4,018 per unit in June 2023, and then declined in the following month.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Switzerland ($4,832 per unit), while the average price for exports to Romania ($3,022 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Built-in Jacking System Price in Italy (CIF) - 2023
The average built-in jacking system import price stood at $1,603 per unit in July 2023, reducing by -13.8% against the previous month. In general, the import price saw a mild setback. The most prominent rate of growth was recorded in December 2022 an increase of 17% month-to-month. As a result, import price reached the peak level of $2,014 per unit; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($2,933 per unit), while the price for Germany ($1,436 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+1.2%), while the prices for the other major suppliers experienced a decline.
Built-in Jacking System Exports in Italy
In 2022, approx. 34K units of built-in jacking systems of a type used in garages for raising vehicles were exported from Italy; which is down by -21.5% against the year before. Overall, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 43K units, and then declined significantly in the following year.
In value terms, built-in jacking system exports expanded modestly to $140M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Built-in Jacking System in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 24.2 | 23.0 | 30.8 | 30.8 | 8.4% |
Germany | 15.0 | 16.1 | 19.4 | 22.4 | 14.3% |
United Kingdom | 9.9 | 8.4 | 11.5 | 10.9 | 3.3% |
United States | 4.7 | 6.8 | 7.8 | 8.2 | 20.4% |
Spain | 9.0 | 5.2 | 7.1 | 7.6 | -5.5% |
Sweden | 4.6 | 4.2 | 4.5 | 4.8 | 1.4% |
Switzerland | 4.7 | 3.3 | 3.4 | 4.6 | -0.7% |
Norway | 4.4 | 3.2 | 3.9 | 4.5 | 0.8% |
Netherlands | 4.5 | 4.7 | 4.7 | 4.3 | -1.5% |
Austria | 3.1 | 3.2 | 4.2 | 3.7 | 6.1% |
Australia | 1.9 | 3.0 | 2.2 | 3.6 | 23.7% |
Denmark | 1.8 | 1.9 | 3.1 | 2.9 | 17.2% |
Poland | 2.7 | 2.1 | 3.3 | 2.7 | 0.0% |
Others | 30.9 | 25.1 | 29.5 | 28.6 | -2.5% |
Total | 121 | 110 | 135 | 140 | 5.0% |
Top Export Markets for Built-in Jacking System from Italy in 2022:
- France (6.8K units)
- Germany (4.9K units)
- United States (3.8K units)
- United Kingdom (2.2K units)
- Spain (2.2K units)
- Norway (1.4K units)
- Australia (0.9K units)
- Sweden (0.8K units)
- Netherlands (0.7K units)
- Denmark (0.6K units)
- Poland (0.6K units)
- Austria (0.6K units)
- Switzerland (0.5K units)
Built-in Jacking System Imports in Italy
For the fourth consecutive year, Italy recorded growth in overseas purchases of built-in jacking systems of a type used in garages for raising vehicles, which increased by 30% to 12K units in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 41%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, built-in jacking system imports surged to $11M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Built-in Jacking System in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 2.5 | 3.2 | 8.0 | 78.8% |
Hungary | 1.5 | 1.0 | 1.7 | 1.4 | -2.3% |
Others | 1.9 | 0.5 | 1.3 | 1.3 | -11.9% |
Total | 4.8 | 4.0 | 6.2 | 10.7 | 30.6% |
Top Suppliers of Built-in Jacking System to Italy in 2022:
- China (11.2K units)
- Hungary (0.4K units)
This report provides an in-depth analysis of the built-in jacking system 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 28221330 - Built-in jacking systems of a type used in garages for raising vehicles
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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In September 2022, the exports of Hydraulic Jack reached their highest point at 42,000 units. Unfortunately, from October 2022 to September 2023, the exports were unable to regain momentum. However, in terms of value, the exports of Hydraulic Jack skyrocketed to $11 million in September 2023.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
In September 2022, the exports of Hydraulic Jack reached their highest point at 42,000 units. Unfortunately, from October 2022 to September 2023, the exports were unable to regain momentum. However, in terms of value, the exports of Hydraulic Jack skyrocketed to $11 million in September 2023.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.