Italy: Hot-Rolled Steel Products Market 2025

Hot-Rolled Steel Products Market Size in Italy

The Italian hot-rolled steel products market surged to $X in 2021, picking up by 438% against the previous year. In general, consumption recorded a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hot-Rolled Steel Products Production in Italy

In value terms, hot-rolled steel products production surged to $X in 2021 estimated in export price. In general, production enjoyed a resilient increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Hot-Rolled Steel Products Exports

Exports from Italy

In 2021, approx. X tons of flat-rolled products of iron or steel (not further worked than hot-rolled) were exported from Italy; surging by 12% against 2020 figures. In general, exports, however, saw a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hot-rolled steel products exports surged to $X in 2021. Overall, exports, however, saw a pronounced contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for hot-rolled steel products exports from Italy, with a 28% share of total exports. Moreover, hot-rolled steel products exports to Germany exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-10.1% per year) and Turkey (-7.8% per year).

In value terms, Germany ($X) remains the key foreign market for flat-rolled products of iron or steel (not further worked than hot-rolled) exports from Italy, comprising 27% of total exports. The second position in the ranking was held by France ($X), with an 8.9% share of total exports. It was followed by Austria, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.1% per year) and Austria (+1.7% per year).

Export Prices by Country

In 2021, the average hot-rolled steel products export price amounted to $X per ton, jumping by 69% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Turkey ($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 Spain (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Rolled Steel Products Imports

Imports into Italy

Hot-rolled steel products imports into Italy skyrocketed to X tons in 2021, with an increase of 43% against the previous year's figure. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hot-rolled steel products imports soared to $X in 2021. Over the period under review, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons) and India (X tons) were the main suppliers of hot-rolled steel products imports to Italy, with a combined 39% share of total imports. These countries were followed by Turkey, Vietnam, Russia, Egypt, South Korea, Japan, Sweden, Spain, Austria and Finland, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +227.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and India ($X) appeared to be the largest hot-rolled steel products suppliers to Italy, with a combined 35% share of total imports. These countries were followed by Turkey, Spain, Egypt, South Korea, Vietnam, Finland, Russia, Sweden, Japan and Austria, which together accounted for a further 41%.

Vietnam, with a CAGR of +166.6%, saw 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

In 2021, the average hot-rolled steel products import price amounted to $X per ton, picking up by 55% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :