Market research

Interchangeable spanner sockets market in Italy

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Italian market for interchangeable spanner sockets contracted between 2018 and 2020, with production dropping from 848 t to 609 t and overall market volume falling from 1 944 t to 1 453 t. Imports and exports also declined during this period, reflecting reduced domestic output and trade activity.

From 2021 onward, import volumes rebounded strongly, reaching 2 370 t in 2024, while exports stabilized around 550-600 t per year. The sustained growth in imports indicates a recovery in market demand, although production data for these later years is not available.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2018-2020
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2018-2020
2. 4.2. In value
  1. 4.2.1. Production, 2018-2020
  2. 4.2.2. Imports, 2018-2024
  3. 4.2.3. Exports, 2018-2024
  4. 4.2.4. Market size, 2018-2020
5. Production
1. 5.1. Production in Italy
  1. 5.1.1. In kind, 2018-2020, t
  2. 5.1.2. In value, 2018-2020, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Italy in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Italy by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Italy in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Italy by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Italy, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Italy by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Italy in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Italy by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Italy in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Italy by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Italy, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Italy by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Italy in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Italy by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Italy in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Italy by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Italy, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Italy by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Italy in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Italy by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Italy in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Italy by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Italy, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Italy by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production interchangeable spanner sockets in Italy

In value, 2017-2020, K $ US

Production of interchangeable spanner sockets in Italy declined for the second consecutive year. In 2020, output was valued at 21 110 K $ US, showing a significant year-over-year decrease of 11.1%. From 2018 to 2020, production fell by 32.5%, with a compound annual growth rate of -12.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(24.1%)	(11.1%)	-

Source: SHEV.io

In kind, 2017-2020, t

Production of interchangeable spanner sockets in Italy declined for the second consecutive year. In 2020, Italy produced 609.0 tonnes, indicating a moderate year-over-year drop of 6.5%. Between 2018 and 2020, production decreased by 28.2%, with a compound annual growth rate of -10.4%.

Annual dynamics of production in Italy in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(23.2%)	(6.5%)	-

Source: SHEV.io

Exports interchangeable spanner sockets from Italy

Exports in kind, t

Cross-border shipments of interchangeable spanner sockets from Italy declined for the second consecutive year. In 2020, Italy exported 587 tonnes, representing a robust decline of 10.7% compared to 2019. From 2017 to 2020, exports increased by 6.4%, with a compound annual growth rate of 2.1%. The highest volume was recorded in 2018 at 703 tonnes, which also saw the largest increase of 27.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	27.7%	(6.7%)	(10.7%)	2.1%

Source: SHEV.io

From 2017 to 2020, France, Germany, and Spain were the largest buyers of interchangeable spanner sockets from Italy, accounting for 28.0%, 15.2%, and 6.6% of exports in kind, respectively. Together, they made up 49.8% of total exports, with the remainder distributed among numerous smaller partners.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year uptick, Italy's export volume of interchangeable spanner sockets declined. In 2020, exports were recorded at 18 979 K $ US, reflecting a reduction of 4.7% compared to the previous year. From 2017 to 2020, exports increased by 19.2%, with a compound annual growth rate of 6.0%. The peak value was in 2019 at 19 924 K $ US, while the largest increase occurred in 2018 at 22.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	22.0%	2.6%	(4.7%)	6.0%

Source: SHEV.io

From 2017 to 2020, exports in value terms of interchangeable spanner sockets from Italy were spread across a wide range of markets. France accounted for 32.8% of exports, Germany for 10.0%, and the United States for 6.0%, together making up 48.8% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports interchangeable spanner sockets to Italy

Imports in kind, t

Imports of interchangeable spanner sockets into Italy declined for the third consecutive year. In 2020, imports totalled 1 431 tonnes, amounting to a reduction of 16.4% compared to the previous year. Between 2017 and 2020, imports decreased by 26.9%, equating to an annualized rate of -9.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.1%)	(4.8%)	(16.4%)	(9.9%)

Source: SHEV.io

From 2017 to 2020, Asia (not elsewhere specified), Germany, and China accounted for the largest share of imports in kind, with 40.1%, 14.9%, and 12.2%, respectively. Together, they comprised 67.2% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, imports of interchangeable spanner sockets into Italy totalled 17 199 K $ US, marking a strong decline of 15.1% compared with 2019. Over the period 2017-2020, imports decreased by 16.5%, with a compound annual growth rate of -5.9%. The largest increase was recorded in 2019 at 0.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.8%)	0.1%	(15.1%)	(5.9%)

Source: SHEV.io

From 2017 to 2020, Asia (not elsewhere specified), Germany, and the United Kingdom made the biggest contribution to imports in value terms, accounting for 34.5%, 21.1%, and 7.8%, respectively. Jointly, they represented 63.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io