Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy (FOB) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy (CIF) - 2022
3. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy
4. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.3 per unit in 2022, rising by 32% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 67% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4.1 per unit), while the average price for exports to Russia ($0.1 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 Oman (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $1.5 per unit, picking up by 12% against the previous year. In general, the import price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 118% against the previous year. As a result, import price reached the peak level of $2.2 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4.6 per unit), while the price for Norway ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones exported from Italy fell dramatically to 2.7M units, with a decrease of -27.8% against the previous year's figure. Over the period under review, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of 3.7M units, and then declined markedly in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones contracted slightly to $885K in 2022. Overall, exports recorded a mild setback. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the maximum at $929K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Italy in 2022:

1. Russia (1236.9K units)
2. Saudi Arabia (404.9K units)
3. Brazil (388.8K units)
4. Turkey (254.2K units)
5. United Arab Emirates (169.4K units)
6. India (55.5K units)
7. Morocco (4.6K units)

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Italy

In 2022, overseas purchases of millstones, grindstones, grinding wheels and the like; of natural stones were finally on the rise to reach 111K units after two years of decline. Overall, imports, however, recorded a sharp slump. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure at 224K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $169K in 2022. In general, imports, however, recorded a abrupt descent. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at $202K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Italy in 2022:

1. China (36.0K units)
2. Turkey (28.7K units)
3. Spain (19.6K units)
4. Norway (13.1K units)
5. Germany (5.7K units)
6. Belgium (4.8K units)
7. France (2.6K units)

Source: IndexBox Market Intelligence Platform