Report Update: May 18, 2024

Italy - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights

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Price for Iron or Steel Can in Italy - 2023

Price for Iron or Steel Can in Italy (FOB) - 2023

In July 2023, the average iron or steel can export price amounted to $386 per thousand units, rising by 4.4% against the previous month. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in August 2022 an increase of 172% against the previous month. Over the period under review, the average export prices reached the maximum at $395 per thousand units in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($418 per thousand units), while the average price for exports to the UK ($224 per thousand units) 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 Belgium (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Steel Can in Italy (CIF) - 2022

In 2022, the average iron or steel can import price amounted to $0.3 per unit, increasing by 16% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel can import price increased by +79.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.6 per unit), while the price for Austria ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Steel Can in Italy

In 2022, approx. 420M units of iron or steel cans were exported from Italy; which is down by -6% against 2021. Overall, exports recorded a deep downturn. The smallest decline of -4.6% was in 2020. Over the period under review, the exports attained the peak figure at 518M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, iron or steel can exports rose to $115M in 2022. In general, exports saw a slight reduction. Over the period under review, the exports reached the peak figure at $121M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Iron or Steel Can in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	26.9	25.7	23.2	29.5	3.1%
France	30.8	29.9	30.7	27.4	-3.8%
Netherlands	8.8	11.1	9.4	12.5	12.4%
Slovenia	6.2	6.0	6.3	6.5	1.6%
Germany	8.6	4.1	7.8	4.7	-18.2%
Cote d'Ivoire	3.9	3.4	3.5	4.2	2.5%
Denmark	4.8	3.6	3.6	3.9	-6.7%
United Kingdom	2.9	2.8	2.6	2.4	-6.1%
Libya	2.1	1.9	4.0	2.3	3.1%
Poland	1.7	1.5	0.8	1.7	0.0%
Others	24.7	20.8	20.9	19.4	-7.7%
Total	121	111	113	115	-1.7%

Top Export Markets for Iron or Steel Can from Italy in 2022:

Belgium (192.4M units)
France (80.3M units)
Netherlands (32.5M units)
Cote d'Ivoire (14.0M units)
Germany (13.9M units)
Denmark (11.9M units)
United Kingdom (11.2M units)
Poland (8.3M units)
Libya (6.7M units)
Slovenia (6.5M units)

Imports of Iron or Steel Can in Italy

In 2022, supplies from abroad of iron or steel cans was finally on the rise to reach 47M units after two years of decline. In general, imports, however, continue to indicate a abrupt decline. Imports peaked at 67M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, iron or steel can imports skyrocketed to $13M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Iron or Steel Can in Italy (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	844	496	510	2,581	45.1%
Spain	185	1,250	2,123	2,061	123.3%
Netherlands	925	1,097	1,173	2,026	29.9%
China	957	1,117	1,070	1,492	16.0%
United Kingdom	1,256	848	1,552	1,286	0.8%
Germany	1,633	1,249	1,039	883	-18.5%
France	664	119	249	435	-13.1%
Poland	18.2	249	289	302	155.1%
India	69.6	96.7	149	288	60.5%
Switzerland	19.3	4.3	243	281	144.2%
Denmark	1,716	430	250	262	-46.6%
Austria	660	486	500	215	-31.2%
United Arab Emirates	3.8	14.1	7.2	101	198.4%
Others	1,155	741	1,435	337	-33.7%
Total	10,107	8,195	10,588	12,549	7.5%

Top Suppliers of Iron or Steel Can to Italy in 2022:

Turkey (10.4M units)
Spain (6.9M units)
Netherlands (6.5M units)
United Kingdom (3.9M units)
Austria (3.8M units)
China (3.1M units)
France (2.4M units)
Denmark (1.5M units)
Germany (1.5M units)
United Arab Emirates (1.4M units)
India (1.4M units)
Poland (1.2M units)
Switzerland (0.9M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel can 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 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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