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16 JULY 2020 AL CIRCLE

The export market of Italy’s aluminium stranded wires remains volatile during 2017-20

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

The economy of Italy is the 3rd-largest national economy in the European Union, the 8th-largest by nominal GDP in the world, and the 12th-largest by GDP (PPP). Italy has a major advanced economy and is a founding member of the European Union. Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies.

Italy's export of Aluminium stranded wires

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The European nation’s export of aluminium stranded wires during 2017-19 exhibited volatility, as the volume of the export, was recorded at 6608 tonnes and revenue earnings stood at $28.06 million. The projected export for 2020 has remained at 1937 tonnes and the earning expected to reach $8.46 million. Furthermore, when the analysed export volume and earning of 2020 get merged with the previous three years it displays 8545 tonnes and $36.52 million respectively.

Italy's export of aluminium stranded wires

In 2017, the Italian export for aluminium stranded wires was recorded at 1446 tonnes and revenue generations were noted at $5.08 million only, whereas in 2018 the export volume saw growth by 110.02% and the earning also boosted to $13.05 million.

Italy's export of aluminium stranded wires

The country’s export of aluminium stranded wires during 2019 has been displayed with de-growth by 30.02%, as the export volume down-sized to 2125 tonnes and earning too dipped at $9.93 million.

Italy’s export projection for 2020 has also been analysed with downfall by 8.84%, as the export volume might remain at 1937 tonnes.

Report on Energy consumption in Aluminium smelting and changing technologies towards gas emission

The major destinations for Italy’s export of aluminium stranded wires are Austria, France, Germany, Libya, Morocco, Poland, Romania, Spain, Turkey, USA, etc.

 


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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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