It is not meant to be an ultimatum but certainly, as often happens in these situations, “First come, first served”. The market is extremely receptive and the demand for Made in Italy continues to grow but this situation, sooner or later, will begin to slow down and only those who start immediately will take full advantage of it.
The numbers of Italian exports (ICE Report data):
– first quarter 2021: +19.8% trend on the same period of 2020 and +4.2% on the period of 2019;
– food, beverages and tobacco: +5.3% compared to the same period of 2020 and even +12.3% compared to the same period of 2019;
– metal sector: +29.1% on the first quarter of 2020 and +12% on the same period of 2019;
– chemical products: +10.2% and +7.1% for the same period on 2019;
– electrical appliances sector: +31.6% compared to the same period of 2020 and +8.2% compared to 2019;
– pharmaceutical, chemical-medicinal and botanical articles they are instead down by 8.2%.
Let's see which countries the exports of the first quarter of 2021 are mainly aimed at and the extent of the increase compared to the same period of 2020 (ICE Report data):
– China, +55,3%;
– Countries Low and Poland, +32,9%;
– France, +23,2%;
– Spain, +23%;
– Germany, +22,6%;
– Belgium, +14%;
– Swiss, +20%;
– United States, +4,5%.
In May 2021 (Istat data), exports grew on an annual basis by 41.9%, with a sustained increase in sales both to non-EU markets (+44.0%) and to the EU area (+40.0%). On an annual basis, exports grow to all major partner countries:
– France, growth of 43,2%
– Germany, growth of 30,9%
– United States, growth of 43,0%
– Spain, growth of 56,7%
– United Kingdom, growth of 44,2%
Many, many numbers that serve to indicate a trend but above all a great opportunity. Perhaps never before has the world been ready to welcome Italian excellence like today. Many companies have already realized this, others will arrive late.
Octagona is the right partner to support your company in the internationalization process: almost 20 years we have successfully worked on over 750 projects of internationalization, becoming one of the leading companies in International Advisory and among the top 5 in Italy.
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