Automatic hydraulic or pneumatic regulators market in Italy

Earlier Report Observations

The Italian market for automatic hydraulic and pneumatic regulators began the period at 104.4 million US dollars in 2018. That year saw the full implementation of national legislation harmonizing the EU Pressure Equipment Directive (PED), which mandated compliance for new apparatus placed on the market, influencing production and import structures. Market volume then contracted over the next two years, falling to 75.2 million US dollars by 2020.

A recovery followed, with the market returning to 104.2 million US dollars in 2021 and stabilizing around 104 million US dollars in 2022. During this phase, the confirmed framework of European and national safety standards and CE marking for machinery provided clear rules for conformity assessment and market surveillance, supporting market consistency.

A sharp expansion occurred in 2023, with the market surging by 51% to 156.5 million US dollars. This growth was primarily driven by the entry into force of the new EU Machinery Regulation (2023/1230), which introduced stricter safety requirements, included digital components, and mandated more rigorous conformity assessment procedures, stimulating demand for compliant regulators. In 2024, the market corrected to 108.1 million US dollars, influenced by the ongoing application of the new machinery rules and regulatory shifts in the automotive sector, notably the EU rules on Advanced Driver Assistance Systems (ADAS), which indirectly affected demand for hydraulic and pneumatic components.

Production automatic hydraulic or pneumatic regulators in Italy

In value, 2017-2020, K $ US

Italy's production of automatic hydraulic or pneumatic regulators has declined for the second year in a row. In 2020, output was valued at 37 558 thousand US dollars, which represents a 27.6% decrease compared to 2019. Looking at the period from 2017 to 2020, production fell by 23%, translating to an annualized decline rate of 8.3%. The peak was recorded in 2018 at 54 094 thousand US dollars, with the largest annual increase of 11.0% also occurring that year.

Annual dynamics of production in Italy in value, 2017-2020, K $ US

Exports automatic hydraulic or pneumatic regulators from Italy

Exports in kind, t

Italy's exports of automatic hydraulic or pneumatic regulators in volume terms have decreased for the second consecutive year. In 2020, exports reached 992 tonnes, down by 3.6% from 2019. Over the 2017-2020 period, exports dropped by 16.5%, equating to an annualized rate of 5.8%. The highest volume was recorded in 2018 at 1 368 tonnes, which saw the largest increase of 15.1%. In contrast, 2019 experienced the steepest decline of 24.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, Italy's exports of automatic hydraulic or pneumatic regulators were distributed across a wide range of buyers. The United Kingdom accounted for 10.7% of exports in kind, the United Arab Emirates for 9.5%, and the United States for 7.6%, together making up 27.8% of the total. Many other countries held smaller but still significant shares, reflecting a diverse market.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's exports of automatic hydraulic or pneumatic regulators in value terms have declined for the second year in a row. In 2020, exports amounted to 34.1 million US dollars, marking a moderate decrease of 10.0% compared to 2019. Over the 2017-2020 period, exports fell by 23.6%, with a compound annual growth rate of -8.6%. The peak value was recorded in 2018 at 57.9 million US dollars, which also saw the largest increase of 29.6%. The most significant decline occurred in 2019, with a drop of 34.5%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

Between 2017 and 2020, the United Kingdom, the United Arab Emirates, and the United States were the top buyers of automatic hydraulic or pneumatic regulators from Italy in value terms, but they did not dominate the market. The United Kingdom accounted for 8.1% of exports, the United Arab Emirates for 8.0%, and the United States for 7.3%, together totaling 23.5% of overall exports. This left a broad base of smaller partners contributing the remainder.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports automatic hydraulic or pneumatic regulators to Italy

Imports in kind, t

After two years of decline, Italy's imports of automatic hydraulic or pneumatic regulators in volume terms increased in 2020. The country imported 1 358 tonnes, which is 17.8% higher than in 2019. However, over the full 2017-2020 period, imports decreased by 54.2%, with an annualized decline rate of 22.9%. The lowest volume was recorded in 2019 at 1 153 tonnes, which also saw the largest drop of 41.0%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, Italy's imports of automatic hydraulic or pneumatic regulators in kind were heavily concentrated. Germany and China were the leading sources, together accounting for 81.0% of total imports, while the rest was spread among other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Following a two-year decline, Italy's imports of automatic hydraulic or pneumatic regulators in value terms rose in 2020. The country imported 71.8 million US dollars worth of these regulators, a 15.7% increase compared to the previous year. Despite this uptick, imports over the 2017-2020 period fell by 58.2%, with a compound annual decline rate of 25.2%. The lowest value was recorded in 2019 at 62.1 million US dollars, which also experienced the sharpest decrease of 42.6%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

Between 2017 and 2020, Italy's imports of automatic hydraulic or pneumatic regulators in value terms were highly concentrated. Germany alone accounted for 77.4% of total imports, with all other countries combined making up the remaining 22.6%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020