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2022
Exports $65.3MWorld Rnk 13 / 130
Flag Rnk 657 / 1217
2022
Destination $3.04M Germany
2021 - 2022
FASTEST GROWING MARKET $3.04MIndia
2022
PRODUCT COMPLEXITY IN Refractory Cements0.7Rnk 278 / 1025
2022
Imports $101MWorld Rnk 7 / 214
Flag Rnk 587 / 1215
2022
Origin $11.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $11.2MSlovenia
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $65.3M in Refractory Cements, making it the 13th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 657th most exported product in Italy. The main destination of Refractory Cements exports from Italy are: Germany ($8.59M), France ($5.59M), India ($3.45M), China ($3.35M), and Egypt ($3.19M).

The fastest growing export markets for Refractory Cements of Italy between 2021 and 2022 were India ($3.04M), Germany ($1.86M), and Turkey ($1.44M).

Imports In 2022, Italy imported $101M in Refractory Cements, becoming the 7th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 587th most imported product in Italy. Italy imports Refractory Cements primarily from: Germany ($20.9M), Slovenia ($19.3M), Netherlands ($19.1M), Austria ($16.1M), and France ($8.66M).

The fastest growing import markets in Refractory Cements for Italy between 2021 and 2022 were Slovenia ($11.2M), Netherlands ($9.07M), and Germany ($745k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Refractory Cements exports accounted up to €4.17M and imports accounted up to €8.25M, resulting in a negative trade balance of €4.07M. Between March 2023 and March 2024 the exports of Italy's   Refractory Cements have decreased by €-542k (-11.5%) from €4.72M to €4.17M, while imports increased by €476k (6.13%) from €7.77M to €8.25M.

Destinations In March 2024, Refractory Cements were exported mostly to Germany (€856k), Indonesia (€372k), Turkey (€371k), France (€321k), and Russia (€240k), and were imported mostly from Germany (€2.35M), Austria (€1.97M), Netherlands (€1.32M), France (€914k), and Spain (€661k).

Growth In March 2024, the decrease in Refractory Cements's year-by-year exports was explained primarily by a decrease in exports to Indonesia (€-225k or -61.1%), United States (€-57.2k or -84.1%), and Greece (€-55.2k or -61.1%). In March 2024, the increase in Refractory Cements's year-by-year imports was explained primarily by an increase in imports from Austria (€1.09M or 92.4%), Germany (€701k or 44.5%), and France (€424k or 111%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-542k(-11.5%)
IMPORT GROWTH (March 2023 - March 2024)€476k(6.13%)
MAIN DESTINATION (March 2024)Germany€856k

This section shows Refractory Cements's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Refractory Cements over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$65.3M
IMPORTS (2022)$101M
NET TRADE (2022)-$35.6M

In 2022, Italy exported $65.3M in Refractory Cements. The main destinations of Italy exports on Refractory Cements were Germany ($8.59M), France ($5.59M), India ($3.45M), China ($3.35M), and Egypt ($3.19M).

In 2022, Italy imported $101M in Refractory Cements, mainly from Germany ($20.9M), Slovenia ($19.3M), Netherlands ($19.1M), Austria ($16.1M), and France ($8.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Italy WERE (2021 - 2022):
India$3.04M (743%)
Germany$1.86M (27.7%)
Turkey$1.44M (155%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Italy WERE (2021 - 2022):
France-$1.99M (-26.2%)
Indonesia-$1.15M (-98.7%)
Saudi Arabia-$743k (-78.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Refractory Cements were:
China $546M
Germany $375M
United States $257M
In 2022, Italy's main importing competitors in Refractory Cements were:
Indonesia $256M
Russia $154M
Canada $131M

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.3M
TOP IMPORT POTENTIALFrance+ $3.62M

Refractory Cements’s highest export potential is France. With an export gap of $2.3M.   Refractory Cements’s highest import potential is France with an import gap of $3.62M.

See methodology.

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