Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (FOB) - 2023
  2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (CIF) - 2022
  3. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy
  4. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (FOB) - 2023

In December 2023, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $3,115 per unit, surging by 8.1% against the previous month. Overall, export price indicated a prominent expansion from December 2022 to December 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by +8.1% against November 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 101% against the previous month. Over the period under review, the average export prices hit record highs in December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($4,419 per unit), while the average price for exports to Bulgaria ($312 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $364 per unit in 2022, with a decrease of -60.7% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 193% against the previous year. Over the period under review, average import prices reached the peak figure at $1,040 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($3,894 per unit), while the price for France ($257 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy

Exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses from Italy totaled 78K units in 2022, increasing by 3% on the year before. In general, exports, however, recorded a deep setback. The exports peaked at 136K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $161M in 2022. Overall, exports, however, recorded a perceptible setback. Over the period under review, the exports of hit record highs at $187M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France35.829.330.632.5-3.2%
Spain25.215.818.119.2-8.7%
Germany10.87.913.514.710.8%
Netherlands17.214.711.512.7-9.6%
Austria5.55.46.211.026.0%
Poland7.23.75.47.1-0.5%
Denmark6.15.45.15.9-1.1%
Romania5.03.15.25.63.8%
Belgium4.02.02.15.29.1%
Slovenia4.32.23.95.15.9%
United Kingdom2.22.75.14.123.1%
Chile3.91.90.93.0-8.4%
Canada2.52.10.42.72.6%
Others57.227.630.332.7-17.0%
Total187124138161-4.9%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Italy in 2022:

  1. France (15.7K units)
  2. Spain (12.6K units)
  3. Netherlands (5.3K units)
  4. Germany (5.2K units)
  5. Austria (4.0K units)
  6. Denmark (3.9K units)
  7. Poland (3.2K units)
  8. Romania (2.3K units)
  9. Canada (2.2K units)
  10. Chile (2.0K units)
  11. Belgium (1.9K units)
  12. Slovenia (1.7K units)
  13. United Kingdom (1.4K units)

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy

In 2022, purchases abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses increased by 388% to 2.9K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $1.1M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 110%. Over the period under review, imports of attained the peak figure at $1.1M in 2019; afterwards, it flattened through to 2022.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania21.238.672.1709222.2%
China74.810141.815026.1%
United States2032.325289.6-23.9%
France48030.224.50.8-88.1%
Poland137N/AN/AN/A0%
Others16890.9162113-12.4%
Total1,0842635531,062-0.7%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Italy in 2022:

  1. Romania (2393.0 units)
  2. China (437.0 units)
  3. United States (23.0 units)
  4. France (3.0 units)

Source: IndexBox Market Intelligence Platform

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