Italy - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCranks and Crankshafts Price in Italy - 2023
Contents:
- Cranks and Crankshafts Price in Italy (FOB) - 2022
- Cranks and Crankshafts Price in Italy (CIF) - 2023
- Cranks and Crankshafts Exports in Italy
- Cranks and Crankshafts Imports in Italy
Cranks and Crankshafts Price in Italy (FOB) - 2022
The average cranks and crankshafts export price stood at $8,963 per ton in 2022, with an increase of 3% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($18,404 per ton), while the average price for exports to Sweden ($4,084 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 Poland (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cranks and Crankshafts Price in Italy (CIF) - 2023
In June 2023, the average cranks and crankshafts import price amounted to $8,043 per ton, shrinking by -8.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 22% m-o-m. The import price peaked at $8,757 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($29,629 per ton), while the price for France ($2,890 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranks and Crankshafts Exports in Italy
In 2022, approx. 42K tons of cranks and crankshafts were exported from Italy; picking up by 3.1% on the year before. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cranks and crankshafts exports stood at $377M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cranks and Crankshafts in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.1 | 48.6 | 57.3 | 63.5 | 17.5% |
| Germany | 42.1 | 42.8 | 51.2 | 58.6 | 11.7% |
| France | 39.6 | 34.3 | 48.3 | 51.2 | 8.9% |
| Belgium | 13.4 | 16.7 | 23.0 | 20.6 | 15.4% |
| Switzerland | 4.6 | 7.4 | 13.7 | 15.2 | 48.9% |
| Poland | 8.4 | 8.1 | 11.1 | 11.8 | 12.0% |
| Brazil | 8.8 | 8.2 | 11.8 | 11.4 | 9.0% |
| Mexico | 6.5 | 4.9 | 7.8 | 9.6 | 13.9% |
| Sweden | 6.4 | 6.3 | 8.4 | 9.1 | 12.4% |
| Canada | 3.7 | 3.9 | 3.7 | 8.1 | 29.8% |
| Netherlands | 4.3 | 5.1 | 8.8 | 7.6 | 20.9% |
| Argentina | 3.7 | 4.0 | 10.9 | 7.6 | 27.1% |
| Turkey | 3.2 | 2.8 | 5.7 | 5.9 | 22.6% |
| Others | 74.0 | 71.7 | 93.3 | 97.0 | 9.4% |
| Total | 258 | 265 | 355 | 377 | 13.5% |
Top Export Markets for Cranks and Crankshafts from Italy in 2022:
- France (9.6K tons)
- Germany (7.2K tons)
- United States (4.4K tons)
- Belgium (3.6K tons)
- Sweden (2.2K tons)
- Mexico (1.7K tons)
- Brazil (1.3K tons)
- Netherlands (1.1K tons)
- Poland (1.0K tons)
- Turkey (0.9K tons)
- Argentina (0.9K tons)
- Canada (0.8K tons)
- Switzerland (0.8K tons)
Cranks and Crankshafts Imports in Italy
In 2022, approx. 39K tons of cranks and crankshafts were imported into Italy; reducing by -3.2% on the previous year. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 41K tons, and then shrank in the following year.
In value terms, cranks and crankshafts imports dropped modestly to $306M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, imports reached the peak of $310M, and then contracted modestly in the following year.
| Import of Cranks and Crankshafts in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 89.3 | 84.3 | 93.9 | 93.7 | 1.6% |
| China | 30.3 | 29.6 | 45.0 | 58.5 | 24.5% |
| India | 26.0 | 22.2 | 44.2 | 43.9 | 19.1% |
| United States | 19.4 | 24.9 | 27.9 | 17.3 | -3.7% |
| France | 10.0 | 6.9 | 12.9 | 13.1 | 9.4% |
| United Kingdom | 6.1 | 6.1 | 10.7 | 12.0 | 25.3% |
| Japan | 13.7 | 4.5 | 11.6 | 11.4 | -5.9% |
| Spain | 9.6 | 7.2 | 10.6 | 9.2 | -1.4% |
| Poland | 15.6 | 11.1 | 12.6 | 8.3 | -19.0% |
| Brazil | 11.8 | 6.9 | 8.5 | 5.3 | -23.4% |
| Slovenia | 1.8 | 1.7 | 2.9 | 2.7 | 14.5% |
| Others | 22.3 | 21.3 | 29.2 | 30.8 | 11.4% |
| Total | 256 | 227 | 310 | 306 | 6.1% |
Top Suppliers of Cranks and Crankshafts to Italy in 2022:
- Germany (10.4K tons)
- India (9.6K tons)
- China (8.6K tons)
- France (2.4K tons)
- United Kingdom (1.8K tons)
- Brazil (1.0K tons)
- Spain (1.0K tons)
- Poland (0.8K tons)
- Japan (0.8K tons)
- Slovenia (0.8K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the cranks and crankshafts market 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 28152230 - Cranks and crankshafts
- Prodcom 28152250 - Cardan shafts
- Prodcom 28152270 - Other shafts
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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