Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (FOB) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (CIF) - 2022
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (FOB) - 2024
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $16,559 per ton in March 2024, with an increase of 6.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 19% m-o-m. The export price peaked at $16,609 per ton in December 2023; afterwards, it flattened through to March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($21,958 per ton), while the average price for exports to Morocco ($5,104 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $4,368 per ton in 2022, shrinking by -11.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 14%. The import price peaked at $4,943 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($12,363 per ton), while the price for Thailand ($2,614 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 (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira exported from Italy amounted to 13K tons, remaining constant against the year before. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% 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 near future.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $180M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.0 | 17.1 | 26.6 | 33.4 | 18.6% |
| Brazil | 16.2 | 8.3 | 14.2 | 22.2 | 11.1% |
| United States | 11.1 | 7.6 | 11.5 | 14.0 | 8.0% |
| France | 11.3 | 9.2 | 13.3 | 13.2 | 5.3% |
| Czech Republic | 6.2 | 5.9 | 8.6 | 8.0 | 8.9% |
| Poland | 2.9 | 5.0 | 8.1 | 7.5 | 37.3% |
| Finland | 4.8 | 3.8 | 5.3 | 6.9 | 12.9% |
| United Kingdom | 5.5 | 5.1 | 7.5 | 6.6 | 6.3% |
| Sweden | 4.7 | 4.3 | 6.1 | 6.4 | 10.8% |
| Netherlands | 3.6 | 4.1 | 4.6 | 5.5 | 15.2% |
| Russia | 4.1 | 3.8 | 6.1 | 5.4 | 9.6% |
| Denmark | 5.3 | 5.8 | 6.8 | 5.2 | -0.6% |
| Canada | 2.1 | 1.7 | 3.8 | 5.0 | 33.5% |
| Others | 28.2 | 25.5 | 31.2 | 40.8 | 13.1% |
| Total | 126 | 107 | 154 | 180 | 12.6% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Italy in 2022:
- Germany (1974.7 tons)
- Brazil (1926.3 tons)
- France (1185.7 tons)
- United States (884.5 tons)
- Sweden (741.5 tons)
- Czech Republic (597.8 tons)
- Finland (542.0 tons)
- Russia (520.9 tons)
- Poland (504.2 tons)
- United Kingdom (469.5 tons)
- Denmark (450.6 tons)
- Netherlands (426.3 tons)
- Canada (371.0 tons)
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy
In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Italy skyrocketed to 21K tons, growing by 33% compared with the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +92.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $92M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +71.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 9.6 | 15.1 | 22.8 | 28.3% |
| Austria | 11.7 | 9.3 | 13.7 | 18.0 | 15.4% |
| Spain | 8.5 | 6.4 | 10.0 | 10.4 | 7.0% |
| Bulgaria | 6.4 | 4.7 | 6.8 | 7.8 | 6.8% |
| Poland | 5.1 | 5.3 | 7.9 | 7.7 | 14.7% |
| Germany | 4.3 | 3.6 | 5.6 | 4.6 | 2.3% |
| Belgium | 3.1 | 1.6 | 2.9 | 4.2 | 10.7% |
| Indonesia | 2.6 | 2.0 | 2.8 | 3.0 | 4.9% |
| Slovenia | 1.4 | 1.3 | 2.2 | 1.9 | 10.7% |
| France | 0.9 | 1.9 | 2.6 | 1.7 | 23.6% |
| India | 0.6 | 0.4 | 0.6 | 1.2 | 26.0% |
| Thailand | 1.7 | 0.9 | 0.9 | 1.0 | -16.2% |
| Others | 13.7 | 7.0 | 7.6 | 8.2 | -15.7% |
| Total | 70.9 | 54.0 | 78.7 | 92.5 | 9.3% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Italy in 2022:
- China (5.9K tons)
- Spain (3.8K tons)
- Austria (2.5K tons)
- Bulgaria (1.8K tons)
- Poland (1.5K tons)
- Indonesia (1.0K tons)
- Belgium (0.9K tons)
- Germany (0.7K tons)
- India (0.5K tons)
- Slovenia (0.5K tons)
- France (0.4K tons)
- Thailand (0.4K tons)
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