Italy: Cement Pipe Market 2024

Cement Pipe Market Size in Italy

The Italian cement pipe market was finally on the rise to reach $X in 2022, after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -16.3% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cement Pipe Production in Italy

In value terms, cement pipe production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -17.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 138%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Cement Pipe Exports

Exports from Italy

In 2022, the amount of pipes and other articles of cement exported from Italy shrank to X tons, falling by -12.6% against 2021 figures. Over the period under review, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement pipe exports declined to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

France (X tons) was the main destination for cement pipe exports from Italy, accounting for a 42% share of total exports. Moreover, cement pipe exports to France exceeded the volume sent to the second major destination, Switzerland (X tons), fourfold. The third position in this ranking was taken by Austria (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+1.7% per year) and Austria (+15.4% per year).

In value terms, the largest markets for cement pipe exported from Italy were the United States ($X), France ($X) and Austria ($X), together accounting for 49% of total exports. Switzerland, the Netherlands, Germany, Spain, the Czech Republic, Slovenia and Armenia lagged somewhat behind, together accounting for a further 24%.

Armenia, with a CAGR of +53.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cement pipe export price amounted to $X per ton, picking up by 4.6% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe export price increased by +86.7% against 2015 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Italy

In 2022, overseas purchases of pipes and other articles of cement increased by 10% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 26%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, cement pipe imports declined slightly to $X in 2022. In general, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest cement pipe supplier to Italy, with a 52% share of total imports. Moreover, cement pipe imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.8% per year) and China (+4.2% per year).

In value terms, the largest cement pipe suppliers to Italy were Germany ($X), Spain ($X) and China ($X), together comprising 75% of total imports. Poland, the UK, Slovenia, Austria, Canada and Greece lagged somewhat behind, together accounting for a further 16%.

The UK, with a CAGR of +34.0%, recorded the highest growth rate of the value of imports, in terms of 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 2022, the average cement pipe import price amounted to $X per ton, dropping by -12.3% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe import price increased by +40.8% against 2016 indices. The growth pace was the most rapid in 2014 when the average import price increased by 27%. The import price peaked at $X 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 Slovenia ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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