
Italy - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Italy: Aluminium Market Overview 2021
Aluminium Market Size in Italy
After three years of growth, the Italian aluminium market decreased by -X% to $X in 2019. Overall, consumption showed a noticeable descent. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
Aluminium Production in Italy
In value terms, aluminium production shrank significantly to $X in 2019 estimated in export prices. In general, production continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Aluminium production peaked at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.
Aluminium Exports
Exports from Italy
For the fourth consecutive year, Italy recorded growth in shipments abroad of aluminium, which increased by X% to X tonnes in 2019. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.
In value terms, aluminium exports contracted significantly to $X in 2019. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018, and then fell markedly in the following year.
Exports by Country
Germany (X tonnes), Slovenia (X tonnes) and Austria (X tonnes) were the main destinations of aluminium exports from Italy, together comprising X% of total exports. These countries were followed by Hungary, France, Japan, Slovakia, Romania, Poland, Spain, Croatia, Turkey and China, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Slovenia ($X) and Hungary ($X) were the largest markets for aluminium exported from Italy worldwide, together accounting for X% of total exports. Austria, France, Slovakia, Romania, Japan, Poland, Spain, Croatia, Turkey and China lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average aluminium export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Romania ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.
Aluminium Imports
Imports into Italy
In 2019, purchases abroad of aluminium decreased by -X% to X tonnes for the first time since 2012, thus ending a six-year rising trend. Overall, total imports indicated a slight increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then declined in the following year.
In value terms, aluminium imports dropped rapidly to $X in 2019. Over the period under review, imports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
Imports by Country
Russia (X tonnes), Mozambique (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of aluminium imports to Italy, with a combined X% share of total imports. Greece, Egypt, the Netherlands, India, Bahrain, Slovenia, Spain, Kazakhstan, Ghana and Saudi Arabia lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Saudi Arabia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest aluminium suppliers to Italy were Russia ($X), Mozambique ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. These countries were followed by Greece, the Netherlands, Egypt, India, Bahrain, Slovenia, Kazakhstan, Spain, Ghana and Saudi Arabia, which together accounted for a further X terms of the main suppliers, Saudi Arabia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average aluminium import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Overall, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Slovenia ($X per tonne) and the Netherlands ($X per tonne), while the price for the United Arab Emirates ($X per tonne) and Ghana ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for aluminium in the world?+
The country with the largest volume of aluminium consumption was China (36M tonnes), accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.
What are the largest producers of aluminium in the world?+
The country with the largest volume of aluminium production was China (36M tonnes), accounting for 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminium to Italy?+
In value terms, Russia ($507M), Mozambique ($312M) and the United Arab Emirates ($241M) constituted the largest aluminium suppliers to Italy, with a combined 41% share of total imports. Greece, the Netherlands, Egypt, India, Bahrain, Slovenia, Kazakhstan, Spain, Ghana and Saudi Arabia lagged somewhat behind, together comprising a further 41%.
What are the leading importers of aluminium from Italy?+
In value terms, Germany ($191M), Slovenia ($103M) and Hungary ($92M) appeared to be the largest markets for aluminium exported from Italy worldwide, with a combined 51% share of total exports. Austria, France, Slovakia, Romania, Japan, Poland, Spain, Croatia, Turkey and China lagged somewhat behind, together comprising a further 40%.
What is the average export price for aluminium in Italy?+
In 2019, the average aluminium export price amounted to $1,874 per tonne, reducing by -18.5% against the previous year.
What is the average import price for aluminium in Italy?+
In 2019, the average aluminium import price amounted to $2,013 per tonne, shrinking by -13.1% against the previous year.
This report provides an in-depth analysis of the aluminium market 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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