Italy: Aluminium Market Overview 2020

Aluminium Market Size in Italy

The revenue of the aluminium market in Italy amounted to $X in 2018, picking up by X% against the previous year. Overall, aluminium consumption, however, continues to indicate a temperate descent. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the aluminium market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Aluminium Production in Italy

In value terms, aluminium production totaled $X in 2018 estimated in export prices. Overall, aluminium production continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, aluminium production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Aluminium Exports

Exports from Italy

In 2018, approx. X tonnes of aluminium were exported from Italy; picking up by X% against the previous year. Over the period under review, aluminium exports continue to indicate strong growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, aluminium exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, aluminium exports amounted to $X in 2018. Over the period under review, aluminium exports continue to indicate prominent growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Italy exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Russia (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) represented roughly X% of total exports of aluminium in 2018. India (X tonnes) took the next position in the ranking, followed by Australia (X tonnes), Norway (X tonnes) and Malaysia (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - the Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes) and China (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets from Italy were Canada ($X), the United Arab Emirates ($X) and Russia ($X), together comprising X% of total exports. These countries were followed by India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, China and Italy, which together accounted for a further X experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium export price in Italy stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the aluminium export price, however, continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Italy export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into Italy

Aluminium imports into Italy stood at X tonnes in 2018, going up by X% against the previous year. In general, the total imports indicated a mild expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, aluminium imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, aluminium imports totaled $X in 2018. Over the period under review, aluminium imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Italy imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and the Netherlands (X tonnes) were the main importers of aluminium, together creating X% of total imports. The following importers - Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes), Taiwan, Chinese (X tonnes) and Spain (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into Italy, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., aluminium imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the aluminium import price in Italy amounted to $X per tonne, growing by X% against the previous year. In general, the aluminium import price, however, continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the import prices for aluminium attained their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform