Report Update: May 1, 2024

Italy - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Padlock Price in Italy - 2023

Base Metal Padlock Price in Italy (CIF) - 2022

In 2022, the average base metal padlock import price amounted to $10,753 per ton, surging by 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($20,632 per ton), while the price for China ($9,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Base Metal Padlock Price in Italy (FOB) - 2023

The average base metal padlock export price stood at $37,677 per ton in July 2023, with a decrease of -8.6% against the previous month. Overall, export price indicated temperate growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, base metal padlock export price increased by +43.6% against March 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 98% against the previous month. The export price peaked at $41,204 per ton in June 2023, and then contracted in the following month.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($80,997 per ton), while the average price for exports to Croatia ($13,503 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Padlock Imports in Italy

In 2022, base metal padlock imports into Italy expanded remarkably to 2.4K tons, picking up by 6.2% compared with 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, base metal padlock imports expanded notably to $25M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Base Metal Padlock in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	14.4	11.0	14.3	17.1	5.9%
France	3.7	2.8	2.7	2.2	-15.9%
Spain	0.4	0.7	1.2	1.5	55.4%
Germany	0.4	0.6	0.9	1.4	51.8%
Netherlands	0.2	0.1	0.5	0.9	65.1%
Others	2.5	2.0	2.8	2.5	0.0%
Total	21.6	17.3	22.4	25.5	5.7%

Top Suppliers of Base Metal Padlock to Italy in 2022:

China (1837.0 tons)
Spain (157.9 tons)
France (157.5 tons)
Germany (89.9 tons)
Netherlands (41.4 tons)

Base Metal Padlock Exports in Italy

In 2022, exports of base metal padlocks from Italy fell to 609 tons, with a decrease of -11.6% on the previous year's figure. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 689 tons, and then contracted in the following year.

In value terms, base metal padlock exports dropped dramatically to $14M in 2022. In general, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60%. As a result, the exports reached the peak of $20M, and then dropped sharply in the following year.

Export of Base Metal Padlock in Italy (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	822	1,139	965	2,879	51.9%
Ecuador	1,848	1,683	2,201	2,126	4.8%
France	2,790	2,050	2,974	1,997	-10.5%
Netherlands	967	924	1,764	995	1.0%
Germany	773	673	1,140	811	1.6%
Greece	635	679	1,010	729	4.7%
Spain	766	659	943	682	-3.8%
United States	214	528	1,042	560	37.8%
Saudi Arabia	953	241	794	400	-25.1%
China	117	71.5	7.9	282	34.1%
South Africa	154	118	156	185	6.3%
Croatia	121	107	150	148	6.9%
United Arab Emirates	253	30.1	45.5	67.1	-35.8%
Others	3,490	3,683	6,922	2,600	-9.3%
Total	13,903	12,586	20,115	14,462	1.3%

Top Export Markets for Base Metal Padlock from Italy in 2022:

France (87.4 tons)
Ecuador (70.9 tons)
United Kingdom (68.0 tons)
Greece (44.8 tons)
United States (36.1 tons)
Netherlands (34.6 tons)
United Arab Emirates (30.0 tons)
Spain (28.9 tons)
Germany (27.9 tons)
China (22.8 tons)
Saudi Arabia (22.6 tons)
Croatia (11.9 tons)
South Africa (11.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal padlock market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25721130 - Base metal padlocks

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023