Italy’s export of aluminium powder and flakes during 2018-20 unfolds steady rise with a gradual drop
IMF has revised the GDP growth projections for Italy to 3% in 2021 and 3.6% in 2022, in its January 2021 update of the world economic outlook.
The European nation with a long Mediterranean coastline recorded export of 3453 tonnes of aluminium powder and flakes during 2018-19 and the revenue earnings that occurred for the export was $6.08 million. The export for 2020 remained at 1394 tonnes and the earnings stood at $2.77 million. However, when the export volume and earnings of 2020 get assorted with the existing two years, it denotes 4847 tonnes and $8.85 million respectively.
Italy’s export of aluminium powder and flakes in 2018 was documented at 1684 tonnes and the earnings accounted for $2.26 million, whereas, in 2019, the export saw growth by 5.04%, as the export volume rose to 1769 tonnes and revenue generation also grew to $3.82 million.
The export for 2020 unfolded de-growth by 21.91%, as the export volume plunged to 1394 tonnes and the earnings also reduced to $2.77 million.
Italy’s major trading destinations for the exportation of aluminium powder and flakes are Albania, Belgium, Egypt, Germany, Hungary, Poland, Saudi Arabia, Spain, etc.
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