Price for Railway or Tramway Track Constructions of Iron or Steel in Italy - 2023

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Italy (CIF) - 2023
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Italy (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Italy
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Italy

Price for Railway or Tramway Track Constructions of Iron or Steel in Italy (CIF) - 2023

In December 2023, the average import price for railway or tramway track constructions of iron or steel amounted to $1,851 per ton, surging by 5.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 24% m-o-m. Over the period under review, average import prices reached the maximum at $2,332 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($6,240 per ton), while the price for Austria ($1,553 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Italy (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,798 per ton in 2022, increasing by 55% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for railway or tramway track constructions of iron or steel increased by +80.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,040 per ton), while the average price for exports to Bulgaria ($1,076 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Italy

Imports of railway or tramway track constructions of iron or steel into Italy shrank notably to 127K tons in 2022, with a decrease of -28% against 2021 figures. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.1%.

In value terms, imports of railway or tramway track constructions of iron or steel reduced sharply to $173M in 2022. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 0.9%.

Import of Railway or Tramway Track Constructions of Iron or Steel in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France72.953.284.150.4-11.6%
Germany21.826.927.831.112.6%
Austria43.971.453.528.2-13.7%
Spain33.734.124.826.5-7.7%
Poland14.00.50.522.517.1%
Luxembourg7.16.18.04.8-12.2%
Turkey1.83.83.14.030.5%
Others13.98.74.95.8-25.3%
Total209205207173-6.1%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Italy in 2022:

  1. France (40.7K tons)
  2. Austria (25.7K tons)
  3. Poland (22.9K tons)
  4. Spain (22.3K tons)
  5. Germany (8.0K tons)
  6. Turkey (2.7K tons)
  7. Luxembourg (2.7K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Italy

In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -24.6% to 43K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a perceptible setback. The growth pace was the most rapid in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of 91K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of railway or tramway track constructions of iron or steel skyrocketed to $78M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 58%. As a result, the exports reached the peak of $90M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Railway or Tramway Track Constructions of Iron or Steel in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt0.89.38.518.9186.9%
Switzerland26.117.319.215.3-16.3%
Bulgaria0.20.20.74.1173.7%
Germany1.81.01.73.929.4%
Netherlands1.73.62.92.919.5%
Croatia0.84.72.72.546.2%
Chile1.1N/AN/A2.531.5%
France1.74.11.62.310.6%
Belgium2.43.52.92.1-4.4%
SloveniaN/A0.1N/A2.0347.2%
Spain1.92.11.41.6-5.6%
Serbia0.1N/A0.81.4141.0%
MozambiqueN/A14.75.5N/A-62.6%
Others18.629.919.118.4-0.4%
Total57.290.466.978.010.9%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Italy in 2022:

  1. Switzerland (13.5K tons)
  2. Egypt (10.6K tons)
  3. Bulgaria (3.8K tons)
  4. Netherlands (2.2K tons)
  5. Chile (2.1K tons)
  6. Croatia (1.9K tons)
  7. Belgium (1.7K tons)
  8. Serbia (1.3K tons)
  9. Slovenia (1.3K tons)
  10. France (1.1K tons)
  11. Germany (1.0K tons)
  12. Spain (0.7K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Italy