Italy: Threaded Metal Articles Market 2024

Threaded Metal Articles Market Size in Italy

In 2022, the Italian threaded metal articles market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate strong growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell rapidly in the following year.

Threaded Metal Articles Production in Italy

In value terms, threaded metal articles production reduced dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, saw tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then reduced markedly in the following year.

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Threaded Metal Articles Exports

Exports from Italy

Threaded metal articles exports from Italy dropped to X tons in 2022, with a decrease of X% compared with the previous year. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, threaded metal articles exports shrank modestly to $X in 2022. Over the period under review, total exports indicated a pronounced increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

Germany (X tons), Bulgaria (X tons) and France (X tons) were the main destinations of threaded metal articles exports from Italy, together accounting for X% of total exports. The United States, Poland, Hungary, the UK, Austria, Spain, Slovakia, Romania, Sweden and Tunisia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tunisia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for threaded articles of iron or steel exports from Italy, comprising X% of total exports. The second position in the ranking was held by France ($X), with a 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 metal articles export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated prominent growth 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 metal articles export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to the United States ($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 Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into Italy

In 2022, imports of threaded articles of iron or steel into Italy totaled X tons, increasing by X% against the previous year. In general, imports continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, threaded metal articles imports declined to $X in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X tons), Germany (X tons) and Bulgaria (X tons) were the main suppliers of threaded metal articles imports to Italy, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Austria ($X) were the largest threaded metal articles suppliers to Italy, together comprising X% of total imports. Bulgaria, Taiwan (Chinese), France, Slovakia, India and Spain lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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 metal articles import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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