Report Update Apr 1, 2024

Italy - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Italy: Market for Remelting Scrap Ingots Of Iron Or Steel 2024

Market Size for Remelting Scrap Ingots Of Iron Or Steel in Italy

The Italian metal remelting scrap ingots market expanded sharply to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, posted significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Remelting Scrap Ingots Of Iron Or Steel in Italy

In value terms, metal remelting scrap ingots production expanded modestly to $X in 2022 estimated in export price. In general, production, however, showed a modest increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Exports of Remelting Scrap Ingots Of Iron Or Steel

Exports from Italy

In 2022, after two years of decline, there was significant decline in overseas shipments of remelting scrap ingots of iron or steel, when their volume decreased by X% to X tons. Overall, exports, however, saw a significant increase. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, metal remelting scrap ingots exports expanded remarkably to $X in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Austria (X tons) was the main destination for metal remelting scrap ingots exports from Italy, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Austria stood at X%.

In value terms, Austria ($X) also remains the key foreign market for remelting scrap ingots of iron or steel exports from Italy.

From 2013 to 2022, the average annual growth rate of value to Austria totaled X%.

Export Prices by Country

In 2022, the average metal remelting scrap ingots export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Austria.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to X% per year.

Imports of Remelting Scrap Ingots Of Iron Or Steel

Imports into Italy

In 2022, purchases abroad of remelting scrap ingots of iron or steel was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed significant growth. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, metal remelting scrap ingots imports skyrocketed to $X in 2022. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X tons) was the main supplier of metal remelting scrap ingots to Italy, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria totaled X%.

In value terms, Austria ($X) constituted the largest supplier of remelting scrap ingots of iron or steel to Italy.

From 2012 to 2022, the average annual growth rate of value from Austria totaled X%.

Import Prices by Country

In 2022, the average metal remelting scrap ingots import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Austria.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of consumption in 2022 were Turkey, India and the United States, with a combined 33% share of global consumption. China, Japan, Nigeria, Brazil, Russia, the UK, Bosnia and Herzegovina, Mexico, Germany and Canada lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of remelting scrap ingots of iron or steel in the world?

The countries with the highest volumes of production in 2022 were Turkey, India and the United States, with a combined 32% share of global production. China, Japan, Palestine, Nigeria, Brazil, Russia, the UK, Bosnia and Herzegovina, Mexico and Germany lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of remelting scrap ingots of iron or steel to Italy?

In value terms, Austria constituted the largest supplier of remelting scrap ingots of iron or steel to Italy.

What are the leading importers of remelting scrap ingots of iron or steel from Italy?

In value terms, Austria remains the key foreign market for remelting scrap ingots of iron or steel exports from Italy.

What is the average export price for remelting scrap ingots of iron or steel in Italy?

The average metal remelting scrap ingots export price stood at $238 per ton in 2022, growing by 16% against the previous year.

What is the average import price for remelting scrap ingots of iron or steel in Italy?

The average metal remelting scrap ingots import price stood at $282 per ton in 2022, falling by -17.1% against the previous year.

This report provides an in-depth analysis of the market for metal remelting scrap ingots 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 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)

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