Price for Floating or Submersible Drilling or Production Platforms in Italy - 2023

Contents:

1. Price for Floating or Submersible Drilling or Production Platforms in Italy (FOB) - 2022
2. Price for Floating or Submersible Drilling or Production Platforms in Italy (CIF) - 2022
3. Exports of Floating or Submersible Drilling or Production Platforms in Italy
4. Imports of Floating or Submersible Drilling or Production Platforms in Italy

Price for Floating or Submersible Drilling or Production Platforms in Italy (FOB) - 2022

The average export price for floating or submersible drilling or production platformses stood at $1,016,705 per unit in 2022, growing by 376% against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 19,507% against the previous year. Over the period under review, the average export prices hit record highs at $21,073,835 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($154,130 per unit), while the average price for exports to Qatar ($65 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 Australia (-12.5%).

Price for Floating or Submersible Drilling or Production Platforms in Italy (CIF) - 2022

The average import price for floating or submersible drilling or production platformses stood at $1,173 per unit in 2022, which is down by -83.3% against the previous year. Overall, the import price showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 6,329% against the previous year. The import price peaked at $21,494 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -16.0% per year.

Exports of Floating or Submersible Drilling or Production Platforms in Italy

In 2022, approx. 185 units of floating or submersible drilling or production platformses were exported from Italy; growing by 21% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,086%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of floating or submersible drilling or production platformses surged to $188M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 570%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Floating or Submersible Drilling or Production Platforms from Italy in 2022:

1. Guyana (123.0 units)
2. Qatar (46.0 units)
3. Indonesia (15.0 units)

Imports of Floating or Submersible Drilling or Production Platforms in Italy

After two years of growth, purchases abroad of floating or submersible drilling or production platformses decreased by -96.3% to 1 units in 2022. Overall, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 93%. As a result, imports attained the peak of 27 units, and then dropped notably in the following year.

In value terms, imports of floating or submersible drilling or production platformses dropped dramatically to $1.2K in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 12,298% against the previous year. As a result, imports reached the peak of $189K, and then declined significantly in the following year.

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Italy in 2022:

1. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform