Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy - 2024

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,279 per ton in 2022, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($1,692 per ton), while the price for India ($1,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,759 per ton in 2022, surging by 40% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, the export price reached the peak level 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 Germany ($3,856 per ton), while the average price for exports to Bulgaria ($1,237 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 Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Italy amounted to 60K tons, therefore, remained relatively stable against the year before. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $77M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Italy in 2022:

1. India (17.2K tons)
2. France (11.5K tons)
3. Spain (9.4K tons)
4. United Arab Emirates (7.9K tons)
5. Austria (7.0K tons)
6. Germany (5.6K tons)
7. Turkey (0.9K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Italy

After two years of decline, overseas shipments of tubes, pipes and hollow profiles, of cast iron increased by 51% to 9.2K tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron soared to $16M in 2022. In general, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Italy in 2022:

1. Romania (3204.4 tons)
2. Bulgaria (915.2 tons)
3. Austria (693.1 tons)
4. Slovenia (666.9 tons)
5. Poland (664.7 tons)
6. France (534.4 tons)
7. Croatia (325.4 tons)
8. Hungary (305.3 tons)
9. Canada (185.3 tons)
10. Czech Republic (179.8 tons)
11. Chile (168.4 tons)
12. Germany (160.3 tons)
13. Iraq (49.0 tons)

Source: IndexBox Market Intelligence Platform