Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (FOB) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (CIF) - 2022
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (FOB) - 2022
In 2022, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $51 per unit, flattening at the previous year. In general, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 6.7%. As a result, the export price reached the peak level of $63 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($68 per unit), while the average price for exports to Poland ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $44 per unit in 2022, declining by -11.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. The import price peaked at $54 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Poland ($120 per unit), while the price for Israel ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy
For the fourth year in a row, Italy recorded growth in shipments abroad of containers for compressed or liquefied gas, of iron or steel, which increased by 3.9% to 5.6M units in 2022. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel rose rapidly to $286M in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.1 | 29.8 | 39.0 | 44.5 | 12.7% |
| Spain | 12.2 | 10.5 | 17.9 | 32.5 | 38.6% |
| France | 21.5 | 19.5 | 27.3 | 30.1 | 11.9% |
| United States | 10.9 | 12.2 | 18.1 | 20.5 | 23.4% |
| Belgium | 16.7 | 14.9 | 19.6 | 19.6 | 5.5% |
| United Kingdom | 6.6 | 11.9 | 10.7 | 12.0 | 22.1% |
| South Korea | 19.6 | 12.6 | 4.7 | 8.2 | -25.2% |
| Poland | 4.1 | 4.9 | 9.2 | 7.7 | 23.4% |
| Greece | 5.1 | 5.3 | 6.5 | 7.3 | 12.7% |
| Saudi Arabia | 3.9 | 5.1 | 4.9 | 7.1 | 22.1% |
| Netherlands | 3.8 | 3.2 | 5.3 | 7.0 | 22.6% |
| Czech Republic | 4.2 | 3.7 | 4.0 | 5.6 | 10.1% |
| Romania | 3.9 | 3.9 | 6.9 | 4.6 | 5.7% |
| Others | 101 | 98.8 | 97.2 | 79.3 | -7.7% |
| Total | 245 | 236 | 271 | 286 | 5.3% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Italy in 2022:
- France (782.8K units)
- Germany (737.1K units)
- Spain (484.3K units)
- Belgium (317.6K units)
- United States (300.9K units)
- Poland (289.0K units)
- United Kingdom (215.5K units)
- Greece (209.6K units)
- Czech Republic (170.9K units)
- Netherlands (133.2K units)
- South Korea (131.8K units)
- Romania (128.7K units)
- Saudi Arabia (123.0K units)
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy
In 2022, approx. 2.2M units of containers for compressed or liquefied gas, of iron or steel were imported into Italy; surging by 12% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel shrank to $98M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of $99M, and then reduced slightly in the following year.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 16.9 | 17.9 | 12.9 | 18.8 | 3.6% |
| China | 8.3 | 7.4 | 17.5 | 16.5 | 25.7% |
| Spain | 2.5 | 4.9 | 13.9 | 9.2 | 54.4% |
| Germany | 9.1 | 9.9 | 13.7 | 9.0 | -0.4% |
| Austria | 5.2 | 3.7 | 7.2 | 8.1 | 15.9% |
| Tunisia | 0.1 | 0.8 | 4.9 | 7.7 | 325.4% |
| Poland | 7.3 | 4.4 | 3.7 | 5.9 | -6.9% |
| Portugal | 0.6 | 1.9 | 2.1 | 3.6 | 81.7% |
| Czech Republic | 4.4 | 2.4 | 3.9 | 3.5 | -7.3% |
| Netherlands | 0.3 | 2.6 | 3.2 | 3.3 | 122.4% |
| United Arab Emirates | 1.0 | 1.6 | 0.8 | 2.5 | 35.7% |
| Israel | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Serbia | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 13.7 | 14.2 | 15.0 | 9.1 | -12.7% |
| Total | 69.8 | 72.2 | 99.4 | 97.8 | 11.9% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Italy in 2022:
- Turkey (598.8K units)
- China (408.3K units)
- Tunisia (237.6K units)
- Austria (183.8K units)
- Germany (163.8K units)
- Spain (105.1K units)
- United Arab Emirates (77.3K units)
- Portugal (61.5K units)
- Czech Republic (60.5K units)
- Netherlands (55.0K units)
- Poland (49.7K units)
- Israel (36.1K units)
- Serbia (27.4K units)
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