Pumps; Parts Thereof Price in Italy - 2023
Contents:
- Pumps; Parts Thereof Price in Italy (FOB) - 2023
- Pumps; Parts Thereof Price in Italy (CIF) - 2023
- Pumps; Parts Thereof Exports in Italy
- Pumps; Parts Thereof Imports in Italy
Pumps; Parts Thereof Price in Italy (FOB) - 2023
In June 2023, the average pumps; parts thereof export price amounted to $24,100 per ton, surging by 9.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2022 an increase of 21% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($51,736 per ton), while the average price for exports to Hungary ($4,564 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Price in Italy (CIF) - 2023
The average pumps; parts thereof import price stood at $14,149 per ton in June 2023, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in November 2022 when the average import price increased by 24% against the previous month. The import price peaked at $15,607 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($50,290 per ton), while the price for Portugal ($3,207 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Exports in Italy
In 2022, the amount of pumps; parts thereoves exported from Italy shrank slightly to 48K tons, standing approx. at 2021 figures. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 49K tons, leveling off in the following year.
In value terms, pumps; parts thereof exports reached $910M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Pumps; Parts Thereof in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 119 | 127 | 147 | 155 | 9.2% |
| United States | 101 | 83.5 | 114 | 131 | 9.1% |
| France | 50.8 | 51.9 | 62.9 | 64.7 | 8.4% |
| China | 26.8 | 29.5 | 38.2 | 33.4 | 7.6% |
| Netherlands | 27.8 | 29.2 | 38.4 | 30.4 | 3.0% |
| United Kingdom | 24.0 | 20.5 | 27.7 | 27.2 | 4.3% |
| Poland | 19.9 | 19.6 | 24.7 | 26.8 | 10.4% |
| Hungary | 20.7 | 22.2 | 27.0 | 25.2 | 6.8% |
| Spain | 23.7 | 21.3 | 28.9 | 25.2 | 2.1% |
| Romania | 8.7 | 12.6 | 17.3 | 17.5 | 26.2% |
| Austria | 12.9 | 12.7 | 15.6 | 13.1 | 0.5% |
| Others | 369 | 331 | 353 | 360 | -0.8% |
| Total | 804 | 761 | 895 | 910 | 4.2% |
Top Export Markets for Pumps; Parts Thereof from Italy in 2022:
- Germany (11.3K tons)
- United States (6.9K tons)
- Hungary (6.9K tons)
- France (3.1K tons)
- Poland (2.7K tons)
- Romania (1.3K tons)
- China (1.2K tons)
- United Kingdom (1.1K tons)
- Netherlands (1.0K tons)
- Spain (1.0K tons)
- Austria (0.8K tons)
Pumps; Parts Thereof Imports in Italy
In 2022, imports of pumps; parts thereoves into Italy rose remarkably to 51K tons, picking up by 11% against the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pumps; parts thereof imports expanded to $602M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Pumps; Parts Thereof in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 117 | 122 | 155 | 184 | 16.3% |
| Germany | 136 | 125 | 135 | 137 | 0.2% |
| France | 28.3 | 28.3 | 41.1 | 41.3 | 13.4% |
| India | 23.1 | 23.1 | 23.2 | 32.8 | 12.4% |
| Czech Republic | 24.7 | 21.1 | 29.2 | 23.6 | -1.5% |
| Poland | 35.4 | 26.1 | 25.7 | 19.5 | -18.0% |
| Hungary | 27.3 | 25.4 | 28.2 | 16.4 | -15.6% |
| Turkey | 3.5 | 3.7 | 5.8 | 6.6 | 23.5% |
| Others | 174 | 150 | 138 | 140 | -7.0% |
| Total | 570 | 524 | 581 | 602 | 1.8% |
Top Suppliers of Pumps; Parts Thereof to Italy in 2022:
- China (25.8K tons)
- Germany (8.1K tons)
- India (4.5K tons)
- Hungary (2.4K tons)
- Poland (1.8K tons)
- Turkey (1.3K tons)
- France (1.3K tons)
- Czech Republic (0.8K tons)
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