Italy: Extruded Rod Market 2022

Extruded Rod Market Size in Italy

In 2021, the Italian extruded rod market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt decrease. Extruded rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Extruded Rod Production in Italy

In value terms, extruded rod production surged to $X in 2021 estimated in export price. In general, production enjoyed a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Extruded Rod Exports

Exports from Italy

For the third year in a row, Italy recorded decline in shipments abroad of extruded rods and profile shapes of cellular vulcanised rubber, which decreased by -X% to X tons in 2021. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, extruded rod exports rose significantly to $X in 2021. Overall, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for extruded rod exports from Italy, accounting for a X% share of total exports. Moreover, extruded rod exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X) remains the key foreign market for extruded rod exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and France (+X% per year).

Export Prices by Country

In 2021, the average extruded rod export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Extruded Rod Imports

Imports into Italy

In 2021, the amount of extruded rods and profile shapes of cellular vulcanised rubber imported into Italy surged to X tons, with an increase of X% against 2020 figures. Overall, imports recorded a slight increase. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, extruded rod imports skyrocketed to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tons), Germany (X tons) and France (X tons) were the main suppliers of extruded rod imports to Italy, together accounting for X% of total imports. Turkey, China, Belgium and the United States lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest extruded rod suppliers to Italy were Poland ($X), Germany ($X) and Turkey ($X), together accounting for X% of total imports.

Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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