Milling industry machinery market in Italy

Earlier Report Observations

Between 2018 and 2019, the Italian market for milling industry machinery expanded, with production rising from 217.9 to 226.9 million US dollars and market size increasing from 127.3 to 153.1 million US dollars. This growth was primarily driven by heightened demand for professional machinery featuring advanced technologies to ensure quality and performance, a response to climate changes and reduced operational windows in agriculture. Concurrently, the sector faced headwinds from declining registrations of new agricultural machines in several Italian regions, due to a lack of PSR subsidies and stagnant cereal prices, which tempered the market's upward momentum. The period also saw the market begin to digitalize, with a notable rise in online sales and auctions for used agricultural and industrial machinery.

In 2020, the market contracted sharply, with production plummeting to 129.7 million US dollars and market size falling to 71.1 million US dollars, largely attributable to the disruptive impact of the COVID-19 pandemic on global supply chains and economic activity. A partial recovery followed in 2021, as production climbed to 148.4 million US dollars and market size reached 88.5 million US dollars with the easing of pandemic-related restrictions.

The subsequent years were marked by volatility. Production dropped again to 113.2 million US dollars in 2022, with market size at 75.6 million US dollars, before rebounding to 135.8 million US dollars and 80.9 million US dollars respectively in 2023. In 2024, production stabilized at 137.5 million US dollars, while the market size decreased to 72.0 million US dollars.

Production milling industry machinery in Italy

In value, 2017-2020, M $ US

Italy's milling industry machinery production experienced a decline after two years of growth. In 2019, output reached its peak at 226.9 million US dollars. However, in 2020, production fell to 129.7 million US dollars, marking a significant decrease of 42.8% compared to the previous year. The most substantial increase occurred in 2018, with a growth rate of 66.3%.

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

Exports milling industry machinery from Italy

Exports in kind, t

Milling industry machinery exports from Italy have declined for three consecutive years. In 2020, export volumes dropped to 5 005 tonnes, representing a 42.2% decrease from 2019. Over the period from 2017 to 2020, exports fell by 75.9%, with a compound annual growth rate (CAGR) of -37.8%.

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

From 2017 to 2020, Italy's milling industry machinery exports were distributed across a diverse range of partner countries. Romania accounted for 8.7% of export volumes, Saudi Arabia for 8.2%, and Ukraine for 7.0%. Together, these three countries represented just 23.9% of total export flows, highlighting the broad geographical spread of Italy's exports.

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 milling industry machinery exports have decreased for the third year in a row. In 2020, export value stood at 74.5 million US dollars, down 20.8% year-on-year. Between 2017 and 2020, exports declined by 46.6%, with a compound annual growth rate (CAGR) of -18.9%.

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

During the 2017–2020 period, the Philippines, Saudi Arabia, and Algeria were the largest buyers of Italian milling industry machinery in value terms. The Philippines contributed 8.4% of export value, Saudi Arabia 8.3%, and Algeria 7.7%. However, their combined share was only 24.4% of total exports, indicating a highly diversified export structure.

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

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

Imports milling industry machinery to Italy

Imports in kind, t

Italy's milling industry machinery import volumes have fallen for two consecutive years. In 2018, imports peaked at 1 859 tonnes, following a substantial increase of 64.3%. By 2020, import volume had dropped to 1 131 tonnes, a sharp decline of 29.4% compared to the previous year.

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

From 2017 to 2020, China, Turkey, and Germany were the primary sources for Italy's milling industry machinery imports by volume. China dominated with 53.2% of import volumes, followed by Turkey at 10.4% and Germany at 9.8%. Together, these three countries accounted for 73.4% of total import flows.

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

After two years of growth, Italy's milling industry machinery imports declined. In 2019, import value reached its highest point at 20.1 million US dollars, after a notable increase of 48.1% in 2018. In 2020, imports fell to 15.8 million US dollars, down 21.3% from the previous year. Over the 2017–2020 period, imports overall increased by 24.3%, with a compound annual growth rate (CAGR) of 7.5%.

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

Throughout 2017–2020, China, Germany, and Switzerland were the key markets for Italy's milling industry machinery imports in value terms. These three countries together accounted for 66.5% of total import flows, underscoring their central role in Italy's import structure.

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

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