Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (FOB) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (CIF) - 2023
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $52,129 per unit in 2022, dropping by -12.3% against the previous year. Overall, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2015 an increase of 36%. The export price peaked at $66,453 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($98,940 per unit), while the average price for exports to Malaysia ($16,528 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (CIF) - 2023
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $29,675 per unit in November 2023, dropping by -51.1% against the previous month. Over the period under review, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 2,574% m-o-m. The import price peaked at $251K per unit in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the UK ($42,124 per unit) and China ($31,698 per unit), while the price for the United States ($28,517 per unit) and Germany ($29,416 per unit) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+19.7%), while the prices for the other major suppliers experienced a decline.
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Italy skyrocketed to 3.3K units, growing by 33% compared with 2021. The total export volume increased at an average annual rate of +5.1% 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 attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $173M in 2022. Over the period under review, exports, however, showed a slight decrease. Over the period under review, the exports of reached the maximum at $183M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.0 | 13.4 | 24.4 | 28.4 | 12.4% |
| Germany | 18.0 | 18.8 | 19.1 | 23.8 | 9.8% |
| Mexico | 22.9 | 16.0 | 26.4 | 22.3 | -0.9% |
| United States | 14.2 | 26.9 | 18.8 | 21.2 | 14.3% |
| Czech Republic | 8.8 | 3.2 | 3.0 | 15.8 | 21.5% |
| India | 17.0 | 3.9 | 0.2 | 10.1 | -15.9% |
| Hungary | 12.0 | 3.9 | 10.3 | 8.3 | -11.6% |
| Turkey | 4.0 | 4.9 | 5.7 | 5.5 | 11.2% |
| Poland | 6.6 | 1.5 | 5.1 | 4.0 | -15.4% |
| Malaysia | N/A | N/A | N/A | 1.1 | 0% |
| Iran | 5.2 | 5.0 | 0.5 | 0.9 | -44.3% |
| Others | 54.5 | 53.2 | 34.8 | 31.8 | -16.4% |
| Total | 183 | 151 | 148 | 173 | -1.9% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Italy in 2022:
- China (727.0 units)
- United States (502.0 units)
- Germany (396.0 units)
- Mexico (353.0 units)
- Czech Republic (248.0 units)
- Hungary (183.0 units)
- India (160.0 units)
- Turkey (99.0 units)
- Poland (99.0 units)
- Malaysia (67.0 units)
- Iran (36.0 units)
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Italy soared to 113 units, jumping by 26% on the year before. Overall, imports, however, saw a drastic downturn. Over the period under review, imports of reached the peak figure at 157 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $8M in 2022. In general, imports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 47%. Imports peaked at $9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 854 | 2,086 | 4,892 | 139.3% | |
| United Kingdom | 0.1 | N/A | 1,079 | 10287.5% | |
| Austria | 7.9 | 1,553 | 972 | 1009.2% | |
| China | 709 | 1,408 | 648 | -4.4% | |
| Switzerland | 991 | 914 | 198 | -55.3% | |
| Turkey | 339 | N/A | 7.1 | -85.5% | |
| Poland | 481 | 0.2 | N/A | -100.0% | |
| Israel | 385 | N/A | N/A | 0% | |
| Others | 464 | 243 | 251 | -26.5% | |
| Total | 4,230 | 6,204 | 8,046 | 37.9% | |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Italy in 2022:
- United Kingdom (35.0 units)
- Germany (26.0 units)
- Austria (21.0 units)
- China (19.0 units)
- Turkey (2.0 units)
- Switzerland (2.0 units)
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