Italy: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Italy

For the third year in a row, the Italian unwrought aluminium alloys market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a lower figure.

Unwrought Aluminium Alloys Production in Italy

In value terms, unwrought aluminium alloys production amounted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a somewhat lower figure.

Unwrought Aluminium Alloys Exports

Exports from Italy

In 2020, shipments abroad of unwrought aluminium alloys increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to see gradual growth in years to come.

In value terms, unwrought aluminium alloys exports contracted slightly to $X in 2020. Overall, exports saw a prominent expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), China (X tons) and Austria (X tons) were the main destinations of unwrought aluminium alloys exports from Italy, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in China (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Austria ($X) appeared to be the largest markets for unwrought aluminium alloys exported from Italy worldwide, with a combined X% share of total exports.

Among the main countries of destination, China (+X% per year) recorded 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

The average unwrought aluminium alloys export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Overall, the export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the highest prices were recorded for prices to Slovakia ($X per ton) and Hungary ($X per ton), while the average price for exports to China ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Italy

After four years of growth, supplies from abroad of unwrought aluminium alloys decreased by -X% to X tons in 2020. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at X tons in 2019, and then contracted rapidly in the following year.

In value terms, unwrought aluminium alloys imports fell dramatically to $X in 2020. Overall, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Greece (X tons), the Netherlands (X tons) and the United Arab Emirates (X tons) were the main suppliers of unwrought aluminium alloys imports to Italy, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in the United Arab Emirates, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), the Netherlands ($X) and the United Arab Emirates ($X) constituted the largest unwrought aluminium alloys suppliers to Italy, together accounting for X% of total imports.

Among the main suppliers, the United Arab Emirates recorded 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 unwrought aluminium alloys import price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Germany ($X per ton) and Sweden ($X per ton), while the price for Austria ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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