Price for Steel, Alloy; Angles, Shapes and Sections in Italy - 2023
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Italy (FOB) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Italy (CIF) - 2022
- Exports of Steel, Alloy; Angles, Shapes and Sections in Italy
- Imports of Steel, Alloy; Angles, Shapes and Sections in Italy
Price for Steel, Alloy; Angles, Shapes and Sections in Italy (FOB) - 2022
The average export price for steel, alloy; angles, shapes and sectionses stood at $2,097 per ton in 2022, jumping by 22% against the previous year. In general, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. The export price peaked at $5,817 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($6,198 per ton), while the average price for exports to Russia ($1,266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.6%), while the prices for the other major destinations experienced a decline.
Price for Steel, Alloy; Angles, Shapes and Sections in Italy (CIF) - 2022
In 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $1,344 per ton, with an increase of 26% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy; angles, shapes and sectionses increased by +70.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 36%. The import price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,667 per ton), while the price for Luxembourg ($1,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Steel, Alloy; Angles, Shapes and Sections in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of steel, alloy; angles, shapes and sectionses, which increased by 3.5% to 31K tons in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 180% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, alloy; angles, shapes and sectionses expanded to $72M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Steel, Alloy; Angles, Shapes and Sections in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 7.7 | 9.9 | 13.2 | 14.3 | 22.9% |
| Germany | 3.5 | 9.4 | 11.5 | 12.2 | 51.6% |
| United Kingdom | 1.2 | 4.0 | 5.1 | 5.1 | 62.0% |
| Poland | 0.1 | 2.8 | 4.7 | 4.9 | 265.9% |
| Turkey | N/A | 0.2 | 0.8 | 4.4 | 369.0% |
| France | 1.6 | 2.6 | 4.6 | 4.2 | 37.9% |
| Sweden | 0.1 | 2.1 | 3.5 | 4.1 | 244.8% |
| Switzerland | 2.9 | 2.0 | 1.7 | 2.5 | -4.8% |
| Finland | 0.1 | 2.1 | 2.2 | 2.4 | 188.4% |
| Netherlands | N/A | 1.2 | 2.0 | 2.1 | 32.3% |
| Czech Republic | N/A | 0.8 | 1.3 | 1.3 | 27.5% |
| Hungary | N/A | 0.5 | 1.0 | 1.1 | 48.3% |
| Russia | 1.8 | 1.2 | 3.6 | 0.8 | -23.7% |
| Others | 8.1 | 10.8 | 13.8 | 13.1 | 17.4% |
| Total | 27.2 | 49.5 | 69.1 | 72.3 | 38.5% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Italy in 2022:
- Germany (6.7K tons)
- Poland (3.2K tons)
- Sweden (2.6K tons)
- Austria (2.3K tons)
- United Kingdom (1.9K tons)
- Turkey (1.8K tons)
- France (1.5K tons)
- Finland (1.4K tons)
- Netherlands (1.3K tons)
- Czech Republic (0.8K tons)
- Switzerland (0.7K tons)
- Hungary (0.6K tons)
- Russia (0.6K tons)
Imports of Steel, Alloy; Angles, Shapes and Sections in Italy
In 2022, approx. 19K tons of steel, alloy; angles, shapes and sectionses were imported into Italy; flattening at the previous year. Over the period under review, imports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
In value terms, imports of steel, alloy; angles, shapes and sectionses soared to $26M in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Steel, Alloy; Angles, Shapes and Sections in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 2.7 | 5.1 | 12.3 | 12.2 | 65.3% |
| Belgium | N/A | N/A | 4.0 | 4.2 | 5.0% |
| United Kingdom | 12.9 | 5.4 | 2.8 | 4.1 | -31.8% |
| Germany | 2.0 | 1.2 | 1.8 | 2.4 | 6.3% |
| France | 0.1 | 0.1 | 0.4 | 1.3 | 135.1% |
| Turkey | 0.1 | 0.5 | 0.8 | 0.4 | 58.7% |
| Others | 1.0 | 0.3 | 0.6 | 1.9 | 23.9% |
| Total | 18.7 | 12.7 | 22.7 | 26.4 | 12.2% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Italy in 2022:
- Luxembourg (11.0K tons)
- Belgium (3.6K tons)
- United Kingdom (3.0K tons)
- Germany (0.5K tons)
- France (0.4K tons)
- Turkey (0.3K tons)
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