Italy: Threaded Copper Articles Market 2024

Threaded Copper Articles Market Size in Italy

The Italian threaded copper articles market soared to $X in 2022, rising by X% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Threaded Copper Articles Production in Italy

In value terms, threaded copper articles production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Threaded Copper Articles Exports

Exports from Italy

In 2022, shipments abroad of threaded articles of copper increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, threaded copper articles exports expanded to $X in 2022. In general, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons) was the main destination for threaded copper articles exports from Italy, with a X% share of total exports. Moreover, threaded copper articles exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), sevenfold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Switzerland (X% per year).

In value terms, Germany ($X) remains the key foreign market for threaded articles of copper exports from Italy, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

Export Prices by Country

The average threaded copper articles export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 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 Czech Republic ($X per ton), while the average price for exports to Austria ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Copper Articles Imports

Imports into Italy

In 2022, approx. X tons of threaded articles of copper were imported into Italy; picking up by X% compared with the year before. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, threaded copper articles imports soared to $X in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Taiwan (Chinese) (X tons) and India (X tons) were the main suppliers of threaded copper articles imports to Italy, together comprising X% of total imports. Poland, China, France, Austria and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest threaded copper articles suppliers to Italy were Germany ($X), Taiwan (Chinese) ($X) and Switzerland ($X), together accounting for X% of total imports. Poland, India, France, China and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average threaded copper articles import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, threaded copper articles import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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