Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $5,323 per ton, with a decrease of -22.8% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -23.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. The import price peaked at $6,968 per ton in 2020; however, from 2021 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 Spain ($16,657 per ton), while the price for France ($4,052 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $19,288 per ton, picking up by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The export price peaked at $22,256 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Saudi Arabia ($37,236 per ton), while the average price for exports to Greece ($10,430 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 Kuwait (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy

For the fourth consecutive year, Italy recorded growth in overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which increased by 22% to 11K tons in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses reduced to $56M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of $60M, and then fell in the following year.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Italy in 2022:

1. Netherlands (8.7K tons)
2. Germany (1.0K tons)
3. Poland (0.4K tons)
4. France (0.2K tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Italy

In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses exported from Italy soared to 937 tons, with an increase of 28% against 2021. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +97.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 55%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $18M in 2022. Overall, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 54% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Italy in 2022:

1. Germany (241.3 tons)
2. France (180.4 tons)
3. Spain (96.1 tons)
4. Kuwait (70.5 tons)
5. Poland (63.1 tons)
6. United States (59.6 tons)
7. United Arab Emirates (34.0 tons)
8. Saudi Arabia (26.5 tons)
9. Netherlands (19.6 tons)
10. Belgium (19.6 tons)
11. Greece (19.3 tons)
12. Croatia (12.6 tons)

Source: IndexBox Market Intelligence Platform