Italy: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in Italy

In 2021, the Italian iron or steel can market increased by 0.7% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +101.1% against 2018 indices. Iron or steel can consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Iron or Steel Cans in Italy

In value terms, iron or steel can production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Iron or Steel Cans

Exports from Italy

For the third year in a row, Italy recorded decline in shipments abroad of iron or steel cans, which decreased by -9.4% to X units in 2021. In general, exports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2018 with an increase of 9.7%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, iron or steel can exports expanded slightly to $X in 2021. Overall, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), Belgium (X units) and the Netherlands (X units) were the main destinations of iron or steel can exports from Italy, together comprising 61% of total exports. These countries were followed by Germany, Denmark, Libya, Cote d'Ivoire, the UK, Slovenia, Mauritius, the Czech Republic, Algeria and Morocco, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Libya (with a CAGR of +19.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel can exported from Italy were France ($X), Belgium ($X) and the Netherlands ($X), with a combined 55% share of total exports. These countries were followed by Germany, Slovenia, Libya, Denmark, Cote d'Ivoire, the UK, the Czech Republic, Mauritius, Algeria and Morocco, which together accounted for a further 29%.

In terms of the main countries of destination, Libya, with a CAGR of +23.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average iron or steel can export price amounted to $X per unit, surging by 12% against the previous year. Overall, the export price, however, continues to indicate a slight descent. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports into Italy

In 2021, purchases abroad of iron or steel cans decreased by -3.1% to X units, falling for the third consecutive year after two years of growth. In general, imports saw a mild contraction. The pace of growth appeared the most rapid in 2018 with an increase of 44%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, iron or steel can imports surged to $X in 2021. Overall, imports recorded a perceptible downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of iron or steel can imports to Italy, with a combined 48% share of total imports. These countries were followed by Austria, the United States, China, Turkey, Germany, France, Denmark, Switzerland and Belgium, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +113.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel can suppliers to Italy were the Netherlands ($X), Spain ($X) and the UK ($X), with a combined 47% share of total imports. These countries were followed by the United States, China, Germany, Turkey, Austria, Denmark, Switzerland, France and Belgium, which together accounted for a further 46%.

In terms of the main suppliers, the United States, with a CAGR of +88.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron or steel can import price stood at $X per unit in 2021, surging by 33% against the previous year. Overall, the import price, however, recorded a mild decrease. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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