Italy - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Price in Italy - 2023
Contents:
- Metal Chain Price in Italy (FOB) - 2023
- Metal Chain Price in Italy (CIF) - 2023
- Metal Chain Exports in Italy
- Metal Chain Imports in Italy
Metal Chain Price in Italy (FOB) - 2023
The average metal chain export price stood at $12,408 per ton in July 2023, surging by 7.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices attained the peak figure in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($18,667 per ton), while the average price for exports to Serbia ($6,277 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 Romania (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Price in Italy (CIF) - 2023
The average metal chain import price stood at $7,411 per ton in July 2023, reducing by -12.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 46% against the previous month. The import price peaked at $8,438 per ton in June 2023, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($51,005 per ton), while the price for the Czech Republic ($3,639 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 France (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Chain Exports in Italy
Metal chain exports from Italy shrank to 3.8K tons in 2022, declining by -8% on 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports attained the peak of 4.1K tons, and then declined in the following year.
In value terms, metal chain exports reached $37M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Metal Chain in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 6.3 | 5.7 | 7.5 | 8.0 | 8.3% |
Germany | 4.1 | 3.6 | 5.1 | 5.8 | 12.3% |
Denmark | 2.4 | 2.1 | 2.5 | 2.8 | 5.3% |
Netherlands | 1.7 | 1.6 | 2.5 | 2.3 | 10.6% |
Austria | 1.9 | 0.8 | 1.1 | 1.6 | -5.6% |
United Kingdom | 1.2 | 1.2 | 1.2 | 1.3 | 2.7% |
Spain | 1.0 | 0.9 | 0.9 | 1.3 | 9.1% |
Serbia | 0.7 | 0.7 | 0.9 | 1.0 | 12.6% |
Poland | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
Czech Republic | 0.9 | 0.9 | 0.7 | 0.7 | -8.0% |
Portugal | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
Belgium | 0.5 | 0.7 | 0.9 | 0.6 | 6.3% |
Others | 7.9 | 8.0 | 10.3 | 9.9 | 7.8% |
Total | 29.6 | 27.4 | 35.0 | 36.7 | 7.4% |
Top Export Markets for Metal Chain from Italy in 2022:
- Germany (762.2 tons)
- France (757.4 tons)
- Denmark (259.4 tons)
- Austria (252.6 tons)
- Netherlands (235.4 tons)
- Serbia (163.3 tons)
- United Kingdom (145.9 tons)
- Spain (113.5 tons)
- Belgium (97.9 tons)
- Portugal (79.9 tons)
- Czech Republic (71.0 tons)
- Poland (69.4 tons)
Metal Chain Imports in Italy
In 2022, purchases abroad of iron or steel chain was finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt slump.
In value terms, metal chain imports shrank to $14M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $15M, and then reduced in the following year.
Import of Metal Chain in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 2.8 | 3.0 | 4.0 | -1.6% |
Austria | 1.8 | 2.0 | 2.6 | 3.9 | 29.4% |
France | 1.0 | 1.6 | 2.5 | 2.7 | 39.2% |
Serbia | 0.6 | 0.7 | 0.6 | 1.1 | 22.4% |
Germany | 2.1 | 2.7 | 3.5 | 1.1 | -19.4% |
Czech Republic | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Greece | N/A | N/A | N/A | 0.2 | 0% |
Netherlands | 0.7 | 0.5 | 0.4 | 0.1 | -47.7% |
Others | 1.0 | 1.7 | 2.5 | 1.0 | 0.0% |
Total | 11.6 | 12.3 | 15.4 | 14.3 | 7.2% |
Top Suppliers of Metal Chain to Italy in 2022:
- China (941.9 tons)
- Austria (392.2 tons)
- Serbia (262.9 tons)
- Germany (236.5 tons)
- France (121.6 tons)
- Greece (107.7 tons)
- Czech Republic (48.6 tons)
- Netherlands (6.0 tons)
This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Metal Chain exports spiked by 147% in September 2023, but saw a significant decline to $1.3M in October of the same year.
In January 2023, the transmission shaft price amounted to $11,835 per ton (FOB, Italy), waning by -4.9% against the previous month.
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
Metal Chain exports spiked by 147% in September 2023, but saw a significant decline to $1.3M in October of the same year.
In January 2023, the transmission shaft price amounted to $11,835 per ton (FOB, Italy), waning by -4.9% against the previous month.
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...