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04 JULY 2022 AL CIRCLE

Italian aluminium structures export during 2019-21 illustrates uneven moment; 10% growth estimated for 2022

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

As a structural metal, aluminium is used for its toughness, high strength, lightweight, and corrosion resistance. Due to its high strength-to-weight ratio, aluminium is almost as strong as steel at a fraction of the weight. Thus, aluminium alloys are commonly used in skyscrapers and high-rise structures.

In 2020, Italy ranked as the 4th largest exporter of aluminium structures in the world and during the same year, it was the 151st most exported product of the country. Since Italy relies heavily on Russian gas imports, it is one of the most vulnerable non-eastern countries in the Eurozone to the war in Ukraine.

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Italian aluminium structures export during 2019-21

Italy exported 249,055 tonnes of aluminium structures during 2019-21, attracting a revenue inflow of $2.64 billion from the export. In the hands of the architect, aluminium allows for unlimited creativity, enabling to creation of structures that are not possible with wood, plastic, or steel. In modern construction, it is widely used for this reason.

The aluminium structures export in 2019 was recorded at 72,081 tonnes, incurring revenue of around $1.38 billion and in 2020, the export data reflected growth by 26.44%, as the export volume scaled to 91,144 tonnes and earnings rose to $0.70 billion.

The Italian export of aluminium structures in 2021 demonstrated a downfall of 6.19%, as the export volume dropped to 85,830 tonnes and the earnings also dipped to $0.56 billion.

The export for 2022 was analysed with further growth of 9.85%, as the export volume is anticipated to attain 94,291 tonnes, while the earnings stand at $0.65 billion.

The World of Aluminium Extrusion

The major trading destinations for Italy’s export of aluminium structures are Albania, Algeria, Bangladesh, Austria, Bosnia Herzegovina, Belgium, Czech Rep., Denmark, Egypt, France, Germany, Ghana, Hungary, Iceland, Serbia, Thailand, USA, etc.


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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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