Price for Cermets; Articles Thereof, Including Waste and Scrap in Italy - 2024

Contents:

  1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2024
  2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Italy (FOB) - 2024
  3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Italy
  4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Italy

Price for Cermets; Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2024

The average import price for cermets; articles thereof, including waste and scrap stood at $56,969 per ton in March 2024, shrinking by -8.8% against the previous month. Over the period under review, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 39% m-o-m. Over the period under review, average import prices attained the peak figure at $116K per ton in December 2023; however, from January 2024 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($87,766 per ton), while the price for China ($41,551 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Italy (FOB) - 2024

The average export price for cermets; articles thereof, including waste and scrap stood at $83,289 per ton in March 2024, reducing by -13% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 an increase of 159% against the previous month. The export price peaked at $95,872 per ton in September 2023; however, from October 2023 to March 2024, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In March 2024, the country with the highest price was Switzerland ($83,585 per ton), while the average price for exports to the United States stood at $79,831 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Italy

In 2022, approx. 538 tons of cermets; articles thereof, including waste and scrap were imported into Italy; with an increase of 13% against 2021 figures. Overall, imports, however, continue to indicate a noticeable curtailment.

In value terms, imports of cermets; articles thereof, including waste and scrap stood at $41M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cermets; Articles Thereof, Including Waste and Scrap in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.026.329.729.2-2.0%
Switzerland2.21.94.13.718.9%
Belgium2.11.92.52.44.6%
China0.90.61.32.132.6%
Austria0.30.40.32.088.2%
France0.40.70.60.720.5%
United Kingdom2.00.7N/AN/A-65.0%
Others2.42.71.51.2-20.6%
Total41.235.340.041.20.0%

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Italy in 2022:

  1. Germany (337.0 tons)
  2. Switzerland (82.6 tons)
  3. China (40.7 tons)
  4. Belgium (36.1 tons)
  5. Austria (17.7 tons)
  6. France (9.2 tons)
  7. United Kingdom (0.3 tons)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Italy

Exports of cermets; articles thereof, including waste and scrap from Italy rose remarkably to 135 tons in 2022, with an increase of 11% compared with 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cermets; articles thereof, including waste and scrap reduced to $6.3M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $6.7M, and then fell in the following year.

Export of Cermets; Articles Thereof, Including Waste and Scrap in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2,0161,6913,4643,90124.6%
Austria8.00.2650576316.0%
Germany1,083992292432-26.4%
SingaporeN/AN/AN/A3510%
SloveniaN/A1,1131,270256-52.0%
United States16.636.8222246145.6%
Spain1203.929.4111-2.6%
United Kingdom1210.122.824.3-41.4%
Sweden60.7129237N/A97.6%
Others489160474412-5.6%
Total3,9154,1266,6596,31117.3%

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Italy in 2022:

  1. Switzerland (64.3 tons)
  2. Austria (25.1 tons)
  3. Germany (20.6 tons)
  4. Spain (10.6 tons)
  5. United States (3.1 tons)
  6. Singapore (2.9 tons)
  7. Slovenia (2.6 tons)
  8. United Kingdom (1.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cermets; articles thereof, including waste and scrap - Italy