Italy - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in Italy - 2023

Contents:

  1. Metal Chain Parts Price in Italy (FOB) - 2022
  2. Metal Chain Parts Price in Italy (CIF) - 2023
  3. Metal Chain Parts Exports in Italy
  4. Metal Chain Parts Imports in Italy

Metal Chain Parts Price in Italy (FOB) - 2022

In 2022, the average metal chain parts export price amounted to $12,225 per ton, growing by 21% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain parts export price increased by +4.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 52%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($22,117 per ton), while the average price for exports to Saudi Arabia ($3,540 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 South Korea (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Price in Italy (CIF) - 2023

The average metal chain parts import price stood at $20,329 per ton in July 2023, with a decrease of -38.9% against the previous month. Overall, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 242% m-o-m. As a result, import price reached the peak level of $38,551 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($489K per ton), while the price for China ($5,836 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Chain Parts Exports in Italy

In 2022, the amount of parts of chains of iron or steel exported from Italy surged to 1.1K tons, jumping by 35% on 2021 figures. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal chain parts exports skyrocketed to $13M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metal Chain Parts in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,5591,9002,0053,0015.5%
Japan1,4151,6931,0661,94111.1%
France1,4273034331,008-10.9%
Netherlands6864083906900.2%
South Korea22618845362740.5%
United Kingdom34035742859120.2%
Germany28329528540012.2%
Norway47.313527437899.9%
Saudi Arabia2.9506190325382.1%
Spain19917585.32142.5%
Australia20015187.62040.7%
Austria71.275.210814927.9%
Slovakia22.126.948.667.144.8%
Others3,0041,7501,9753,2823.0%
Total10,4837,9627,82712,8777.1%

Top Export Markets for Metal Chain Parts from Italy in 2022:

  1. United States (210.9 tons)
  2. Japan (108.1 tons)
  3. France (108.0 tons)
  4. Saudi Arabia (91.7 tons)
  5. United Kingdom (86.8 tons)
  6. Germany (45.1 tons)
  7. Netherlands (35.9 tons)
  8. Spain (30.3 tons)
  9. South Korea (28.3 tons)
  10. Norway (26.8 tons)
  11. Australia (24.6 tons)
  12. Austria (23.3 tons)
  13. Slovakia (18.8 tons)

Metal Chain Parts Imports in Italy

In 2022, approx. 186 tons of parts of chains of iron or steel were imported into Italy; which is down by -26.3% against 2021 figures. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 253 tons, and then shrank remarkably in the following year.

In value terms, metal chain parts imports stood at $2.4M in 2022. Overall, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 55%.

Import of Metal Chain Parts in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6614758497986.5%
France948259331469-20.9%
China14417341739239.6%
Taiwan (Chinese)12214817416410.4%
India191159149153-7.1%
Austria41.045.010194.432.0%
Spain19342.612.875.6-26.8%
Belgium87.123.464.160.3-11.5%
Romania69.4N/A5.7N/A-71.3%
Others1491772311510.4%
Total2,6051,5032,3342,356-3.3%

Top Suppliers of Metal Chain Parts to Italy in 2022:

  1. China (53.3 tons)
  2. Germany (40.4 tons)
  3. Taiwan (Chinese) (30.2 tons)
  4. India (25.6 tons)
  5. Spain (11.6 tons)
  6. Austria (6.7 tons)
  7. Belgium (5.9 tons)
  8. France (3.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or 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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