10,853.49 TRY BIST 100 BIST 100
47.04 EUR EUR EUR
40.67 USD USD USD
5.70 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.78 TRY Interest Interest
68.54 USD Fossil Oil Fossil Oil
48.98 USD Silver Silver
4.45 USD Copper Copper
101.64 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,407.48 TRY Gold (gr) Gold (gr)

Italy's exports decreased in 2022

In 2022, Italy's exports decreased, while imports originating in China increased.

Italy's exports decreased in 2022

Italy's apparent steel consumption decreased by 4.5% y-o-y to 29 million tonnes in 2022. Shipments in the domestic market amounted to 25.3 million tonnes, down 10.1% y-o-y.

Italy's exports to EU27 countries decreased by 8.4% to 10.3 million tonnes last year after the peak in 2021. Exports to non-EU countries decreased by 21.7% y-o-y to around 1.7 million tonnes.

Germany was the largest market last year, buying 2.4 million tonnes of Italian steel, down 13.9% y-o-y. Romania also bought 21.5 per cent less than a year earlier, while Austria's purchases were down 9.5 per cent. Italian exports to Canada decreased significantly, dropping from 158,000 tonnes in 2021 to 14,000 tonnes in 2022, while exports to Turkey decreased by 29.5% to 262,000 tonnes. Sales to the US increased by 22.4% to 179,000 tonnes.

In 2022, the country's total imports amounted to 18.7 million tonnes, down by only 2.5% compared to 2021. Imports from the EU27 decreased by 2.1% to 8.6 million tonnes. Imports from third countries decreased by 2.8% to 10.2 million tonnes. Purchases from France increased by 6.7% to 1.9 million tonnes last year. France was Italy's top steel supplier, followed by Germany, which shipped 1.8 million tonnes to Italy last year, down by a significant 18.2%.

Among the third countries, Ukraine showed the biggest decrease in steel shipments to Italy, from 2.2 million tonnes to 459,000 tonnes in 2021. In 2021, Italy bought 597,000 tonnes from China. This figure tripled last year to 1.5 million tonnes.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The EU has temporarily suspended additional tariffs on US-origin products

Tuesday, August 5, 2025

Nippon Steel and Vestas provide strong support for Japan's wind energy targets

Tuesday, August 5, 2025

Statement from ÇİB on the EU's scrap surveillance system

Tuesday, August 5, 2025

NEOM Port reduces transit time on the Egypt-Saudi Arabia-Iraq route by more than 50%

Tuesday, August 5, 2025

Pyro Green-Gas has completed the installation of a hydrogen production and gas purification system at Tata Steel's facility in India

Tuesday, August 5, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now