Italy - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron Angle Price in Italy - 2023

Contents:

  1. Iron Angle Price in Italy (FOB) - 2023
  2. Iron Angle Price in Italy (CIF) - 2022
  3. Iron Angle Exports in Italy
  4. Iron Angle Imports in Italy

Iron Angle Price in Italy (FOB) - 2023

In June 2023, the average iron angle export price amounted to $1,060 per ton, with a decrease of -4.4% against the previous month. Over the period under review, the export price saw a pronounced downturn. The pace of growth appeared the most rapid in May 2023 an increase of 1.2% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,500 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Germany ($1,182 per ton) and Austria ($1,085 per ton), while the average price for exports to Slovakia ($874 per ton) and Hungary ($875 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+0.5%), while the prices for the other major destinations experienced a decline.

Iron Angle Price in Italy (CIF) - 2022

In 2022, the average iron angle import price amounted to $1,316 per ton, increasing by 33% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron angle import price increased by +98.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 49%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,436 per ton) and Switzerland ($1,358 per ton), while the price for Turkey ($1,095 per ton) and Romania ($1,133 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Angle Exports in Italy

In 2022, the amount of angles, shapes and sections (of iron or non-alloy steel) exported from Italy shrank rapidly to 494K tons, which is down by -19.1% on 2021 figures. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 8.2% against the previous year.

In value terms, iron angle exports rose notably to $676M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +87.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Iron Angle in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11096.715820322.7%
France72.846.667.089.67.2%
Austria22.517.337.041.822.9%
Poland12.49.819.134.540.6%
Czech Republic15.813.824.033.328.2%
Hungary16.015.826.532.726.9%
Switzerland10.310.920.026.336.7%
Slovenia13.512.316.520.414.8%
Romania12.213.522.319.316.5%
Spain20.814.717.819.3-2.5%
Denmark3.63.89.015.060.9%
Netherlands11.79.918.614.77.9%
Egypt0.91.35.014.7153.7%
Others11994.7160112-2.0%
Total44236160167615.2%

Top Export Markets for Iron Angle from Italy in 2022:

  1. Germany (136.4K tons)
  2. France (63.4K tons)
  3. Poland (30.8K tons)
  4. Austria (29.9K tons)
  5. Czech Republic (26.8K tons)
  6. Hungary (26.4K tons)
  7. Switzerland (17.9K tons)
  8. Slovenia (15.5K tons)
  9. Romania (15.4K tons)
  10. Spain (14.4K tons)
  11. Denmark (12.6K tons)
  12. Netherlands (10.6K tons)
  13. Egypt (10.3K tons)

Iron Angle Imports in Italy

In 2022, the amount of angles, shapes and sections (of iron or non-alloy steel) imported into Italy was estimated at 363K tons, leveling off at the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, iron angle imports soared to $478M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Iron Angle in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain93.367.414918525.6%
Germany46.047.079.712238.4%
Luxembourg33.826.339.555.317.8%
Turkey17.13.628.231.722.8%
Switzerland4.47.112.229.087.5%
Romania20.49.318.922.83.8%
Poland9.67.210.813.913.1%
Others9.122.118.018.827.4%
Total23419035647826.9%

Top Suppliers of Iron Angle to Italy in 2022:

  1. Spain (140.3K tons)
  2. Germany (84.7K tons)
  3. Luxembourg (42.7K tons)
  4. Turkey (29.0K tons)
  5. Switzerland (21.4K tons)
  6. Romania (20.1K tons)
  7. Poland (11.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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