Italy: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Italy

In 2021, the Italian way-type unit head market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, saw a prominent increase. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Way-Type Unit Head Production in Italy

In value terms, way-type unit head production plummeted to $X in 2021 estimated in export price. Overall, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then fell remarkably in the following year.

Way-Type Unit Head Exports

Exports from Italy

In 2021, overseas shipments of way-type unit heads for working metal decreased by -X% to X tons, falling for the third year in a row after two years of growth. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, way-type unit head exports shrank sharply to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Slovenia (X tons) and the UK (X tons) were the main destinations of way-type unit head exports from Italy, with a combined X% share of total exports. These countries were followed by Germany, Saudi Arabia, the Netherlands, Ireland, India, Poland, France, Argentina, Austria and Portugal, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for way-type unit head exported from Italy were Spain ($X), the UK ($X) and Saudi Arabia ($X), together comprising X% of total exports. Ireland, Austria, Germany, Poland, Argentina, France, the Netherlands, Portugal, India and Slovenia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among 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 way-type unit head export price stood at $X per ton in 2021, shrinking by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then declined sharply in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Imports

Imports into Italy

Way-type unit head imports into Italy skyrocketed to X tons in 2021, with an increase of X% compared with the year before. In general, imports posted modest growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, way-type unit head imports soared to $X in 2021. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Kuwait (X tons) and the Netherlands (X tons) were the main suppliers of way-type unit head imports to Italy, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest way-type unit head suppliers to Italy were Germany ($X), Kuwait ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +X%, recorded 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

In 2021, the average way-type unit head import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Kuwait ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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