The market is dominated by domestic suppliers, as imports account for 27.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 62.6% of total demand in 2023. Italy has the second largest market size for insulated wire and cable regionally, with demand reaching USD7.6 billion in 2023. Prysmian SpA is the largest company in Italy, generating 16.1% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 35.5% of total production value in 2023. The total number of companies decreases in 2023, to 1,840 units. The costs of the industry increase by 4.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 2.2% of production value in 2023, the 18th highest regionally. The industry’s exports share decreases in 2023 to 43.8% of total production output. With production value of USD9.9 billion, Italy accounts for 19.5% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Insulated Wire and Cable in Italy: ISIC 313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insulated Wire and Cable in Italy: ISIC 313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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