The market is dominated by domestic suppliers, as imports account for 6.1% of total market size in 2020. Investments drive market demand, with investments representing 66.0% of total demand in 2020. Italy has the second largest market size for machinery for metallurgy in the region, with demand reaching USD2.7 billion in 2020. Danieli & C Officine Meccaniche SpA is the largest company in Italy, generating 33.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 38.0% of total production value in 2020. The total number of companies increases in 2020, to 2,294 units. The costs of the industry decrease by 7.7% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 7.7% of production value in 2020, the 12th highest in the region. With production value of USD3.2 billion, Italy accounts for 28.5% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Machinery for Metallurgy in Italy: ISIC 2923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Metallurgy in Italy: ISIC 2923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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