Italy - U-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel U-Section Price in Italy - 2023
Contents:
- Non-Alloy Steel U-Section Price in Italy (FOB) - 2023
- Non-Alloy Steel U-Section Price in Italy (CIF) - 2023
- Non-Alloy Steel U-Section Exports in Italy
- Non-Alloy Steel U-Section Imports in Italy
Non-Alloy Steel U-Section Price in Italy (FOB) - 2023
In September 2023, the average non-alloy steel u-section export price amounted to $855 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in February 2023 an increase of 4.5% m-o-m. Over the period under review, the average export prices attained the maximum at $1,169 per ton in October 2022; however, from November 2022 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were Switzerland ($939 per ton) and Algeria ($849 per ton), while the average price for exports to Serbia ($769 per ton) and Bosnia and Herzegovina ($798 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.3%), while the prices for the other major destinations experienced a decline.
Non-Alloy Steel U-Section Price in Italy (CIF) - 2023
The average non-alloy steel u-section import price stood at $913 per ton in August 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in November 2022 an increase of 1.3% m-o-m. Over the period under review, average import prices reached the maximum at $1,133 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,212 per ton), while the price for the Czech Republic ($784 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.1%), while the prices for the other major suppliers experienced a decline.
Non-Alloy Steel U-Section Exports in Italy
Non-alloy steel u-section exports from Italy contracted to 67K tons in 2022, with a decrease of -8.5% against 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 73K tons, and then reduced in the following year.
In value terms, non-alloy steel u-section exports surged to $82M in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Non-Alloy Steel U-Section in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.4 | 13.6 | 19.7 | 25.4 | 20.8% |
| Poland | 0.1 | 0.4 | 1.7 | 7.9 | 329.1% |
| Austria | 4.9 | 3.0 | 8.1 | 7.0 | 12.6% |
| Czech Republic | 1.4 | 1.7 | 3.7 | 6.4 | 66.0% |
| Hungary | 1.9 | 2.4 | 6.4 | 6.2 | 48.3% |
| France | 3.2 | 2.8 | 4.9 | 5.9 | 22.6% |
| Slovenia | 2.3 | 2.1 | 2.7 | 3.0 | 9.3% |
| Croatia | 1.5 | 1.0 | 2.0 | 2.1 | 11.9% |
| Egypt | 0.1 | 0.2 | 0.9 | 1.9 | 166.8% |
| Netherlands | 0.9 | 0.8 | 1.7 | 1.7 | 23.6% |
| Algeria | 2.4 | 1.0 | 2.8 | 1.6 | -12.6% |
| Greece | 0.7 | 1.5 | 2.8 | 1.5 | 28.9% |
| Spain | 1.8 | 0.8 | 1.8 | 1.4 | -8.0% |
| Others | 7.1 | 6.3 | 10.4 | 9.7 | 11.0% |
| Total | 42.7 | 37.5 | 69.5 | 81.7 | 24.1% |
Top Export Markets for Non-Alloy Steel U-Section from Italy in 2022:
- Germany (18.5K tons)
- Poland (7.8K tons)
- Czech Republic (5.9K tons)
- Hungary (5.7K tons)
- Austria (5.4K tons)
- France (3.9K tons)
- Slovenia (2.4K tons)
- Algeria (1.8K tons)
- Croatia (1.8K tons)
- Greece (1.6K tons)
- Spain (1.5K tons)
- Egypt (1.4K tons)
- Netherlands (1.3K tons)
Non-Alloy Steel U-Section Imports in Italy
In 2022, the amount of u-sections of non-alloy steel imported into Italy totaled 45K tons, increasing by 3% compared with 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-alloy steel u-section imports surged to $53M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 173% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Non-Alloy Steel U-Section in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.6 | 7.9 | 23.0 | 29.6 | 40.8% |
| Germany | 7.0 | 5.2 | 9.0 | 12.0 | 19.7% |
| Turkey | 3.7 | 0.1 | 3.2 | 2.9 | -7.8% |
| Switzerland | N/A | N/A | N/A | 2.7 | 0% |
| Poland | 1.0 | 0.7 | 3.6 | 2.2 | 30.1% |
| Romania | 1.6 | 0.7 | 0.9 | 1.2 | -9.1% |
| Austria | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
| Others | 0.5 | 0.8 | 2.1 | 1.0 | 26.0% |
| Total | 24.5 | 15.4 | 41.9 | 52.7 | 29.1% |
Top Suppliers of Non-Alloy Steel U-Section to Italy in 2022:
- Spain (25.9K tons)
- Germany (9.1K tons)
- Turkey (2.9K tons)
- Poland (2.0K tons)
- Switzerland (2.0K tons)
- Romania (1.2K tons)
- Austria (1.1K tons)
This report provides an in-depth analysis of the non-alloy steel u-section 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)
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
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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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