意大利建筑行业市场前景及投资研究报告-培训课件外文版2024.5恒大碧桂园万科万达

INDUSTRIES

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MARKETSConstructionindustryinItalyCHAPTER

01OverviewValueoftheconstructionindustryasashareofthegrossdomesticproduct(GDP)inEuropeandCentralAsiain2022,bycountryGDPshareoftheconstructionindustryinEuropeandCentralAsia2022,bycountryShareofGDP0%2%4%6%8%10%12%14%Tajikistan*Albania12.4%11.2%Moldova*Andorra*KyrgyzstanGeorgia9.3%8.4%8.4%8%7.8%AustriaArmenia*Iceland7.2%7.2%LithuaniaSloveniaRomaniaEstonia7.1%7.1%7%6.9%3Description:In2022,Albaniawasthecountrywiththelargestconstructionindustryasashareofitsgrossdomesticproduct(GDP)inEuropeandCentralAsia.TherelativesizeofTajikistan'sconstructionsectorin2021wasevenlarger,butthecountrydidnothaveupdatedfiguresforthefollowingyear.WhileAustria'sconstructionindustryrepresentedroughly7.8percentofitsGDP,thosefiguresamountedtoroughlytwopercentinIrelandandGreece.In2020,FranceandGermanywereamongthe[...]

ReadmoreNote(s):Asia,Europe;2022;*Figuresfor2021.**Figuresfor2019.ReadmoreSource(s):UNECENumberofindividualsworkingintheconstructionsectorinItalyfrom2000to2022(in1,000s)PeopleworkingintheconstructionsectorinItaly2000-20222,0501,9501,8501,7501,6501,5501,4502000

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20224Description:ThenumberofpeopleworkingintheconstructionindustryinItalyincreasedsignificantlybetween2020and2022.Asthechartshow,apeakwasregisteredin2008,whenthenumberofemployeesandself-employedpeopleintheconstructionsectoramountedtonearlytwomillionpeople.In2022,therewere1.76millionindividualsworkingintheconstructionsectorinItaly.ReadmoreNote(s):Italy;2000to2022Source(s):IstatEmployeesintheconstructionsectorasashareoftotalemploymentinItalyfrom1995to2022ConstructionshareoftotalemploymentinItaly1995-20228.07.57.06.56.05.51995

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20225Description:ThenumberofemployeesintheconstructionsectorinItalyasashareoftotalemploymenthasremainedquiteconsistentbetween1995and2022.Throughoutthatperiod,betweensixandeightpercentofallworkersintheItalianeconomywereemployedinaconstruction-relatedactivity.Thenumberofemployeesintheconstructionsectorhasvariedbetween1.5andtwomillionpeoplesincetheyear2000.

ReadmoreNote(s):Italy;1995to2022Source(s):Istat;TotalnumberofenterprisesintheconstructionindustryinItalyfrom2012to2021,bysizeofpeopleemployed(in1,000s)Italy:numberofenterprisesintheconstructionindustry2009-20200to910to4950to249over25070060050040030020010002012201320142015201620172018201920202021Numberofpeopleemployed6Description:TheabsolutemajorityofconstructionenterprisesinItalyin2021hadzerotoninepeopleemployed.Thatyear,therewereoverhalfamillionactiveconstructionenterprises.Meanwhile,therewereapproximately110enterpriseswith250ormoreemployees.Onlyactiveunitswhicheitherhadturnoveroremploymentatanytimeduringthereferenceperiodshouldbeincluded.ReadmoreNote(s):Italy;2012to2021Source(s):IstatNumberofenterprisesintheconstructionindustryinItalyfrom2012to2021,bysegment(in1,000s)NumberofconstructioncompaniesinItaly2012-2021,bysegmentBuildingconstructionElectrical,plumbing,andotherinstallationCivilengineeringBuildingcompletionandfinishingDemolitionandsitepreparationOtherspecialisedconstruction700600500400300200100020122013201420152016201720182019202020217Description:In2021,buildingcompletionandfinishingwasthesegmentthatmadeupmostoftheconstructioncompaniesinItaly.Outofatotalofroughly520,200constructionenterprises,therewereapproximately233,400dedicatedtothecompletingandfinishingbuildings.Buildingconstructionwasanotherofthesegmentswiththelargestnumberofenterprises,whiletherewerefewcivilengineeringcompanies.ReadmoreNote(s):Italy;2012to2021Source(s):IstatItaly'stradebalanceofprefabricatedbuildingsin2022(inmillioneuros)Italy'stradebalanceofprefabricatedbuildings2022Salesvalueinthousandeuros0102030405060708090100110RussiaFrance95.4478.59UnitedKingdomSwitzerlandSouthSudanChina38.5130.4416.9915.3214.59GermanyUnitedStatesRomaniaCentralAfricanRepublicBelgium9.589.449.286.45Australia5.925.84Niger8Description:In2022,RussiaandFranceweretheleadingimportersofprefabricatedbuildingsfromItaly.ThesouthEuropeancountryhadanoverallpositivetradebalanceforthisproduct,whichmeansthatitsexportswerehigherthanitsimports.Nevertheless,therewereahandfulofEUcountrieswithwhichItalyhadanegativetradebalancesuchasSlovenia.ReadmoreNote(s):Italy;2022;Onlycountrieswithatradebalanceofoveramillioneurosorunder-1millioneuros.Source(s):InternationalTradeCentre;UNComtradeCHAPTER

02ConstructionoutputandrevenueAnnualrevenueoftheconstructionindustryinItalyfrom2008to2020,bysector(inbillioneuros)RevenueoftheconstructionindustryinItaly2008-2020,bysectorBuildingconstructionElectrical,plumbing,andotherinstallationCivilengineeringBuildingcompletionandfinishingDemolitionandsitepreparationOtherspecialisedconstruction300250200150100500200820092010201120122013201420152016201720182019202010Description:Buildingconstructionandelectrical,plumbing,HVAC,andotherconstructioninstallationactivitieswerethelargestsegmentsintheconstructionindustryinItalyin2020.Duringthepastdecade,constructionrevenuehasbeendecreasing,from207.6billioneurosin2010and159.8billioneurosin2020.ReadmoreNote(s):Italy;2008to2020Source(s):IstatAnnualrevenueoftheconstructionindustryinItalyin2020,bytype(inbillioneuros)RevenueoftheconstructionindustryinItaly2020,bytypeRevenueinbillioneuros0510152025303540455055Constructionofresidentialandnon-residentialbuildingsElectricalinstallation48.5921.1520.15OtherbuildingcompletionandfinishingPlumbing,heatandair-conditioninginstallationConstructionofroadsandrailwaysOtherconstructioninstallation17.4812.486.624.714.353.732.84TestdrillingandboringOtherspecialisedconstructionactivitiesn.e.c.ConstructionofutilityprojectsforelectricityandtelecommunicationsOthercivilengineeringprojectsSitepreparationRoofingactivitiesPaintingandglazing2.692.392.3311Description:TherevenuefrombuildingconstructioninItalyamountedtonearly49billioneurosin2020.Meanwhile,electricalinstallationandplumbing,heat,andair-conditioninginstallationwerealsosomeofthesegmentswiththelargestrevenueshareoftheconstructionindustrythatyear.Roadandrailwayconstructiongeneratedarevenueof12.5billioneurosinthesouthernEuropeancountry.ReadmoreNote(s):Italy;2020Source(s):IstatAnnualproductionvalueoftheconstructionindustryinselectedEuropeancountries2020(inbillioneuros)ConstructionindustryproductionvalueinEurope2020,bycountryProductionvalueinbillioneuros050100150200250300350400GermanyFrance360.27318.93Italy168.2Spain140.56Poland91.01NetherlandsSwedenSwitzerlandBelgiumNorwayAustria85.4284.8774.6473.2258.1256.67DenmarkFinland41.3440.4112Description:TheproductionvalueoftheconstructionindustryinEuropeancountriesin2020varieddrasticallypercountry.Thatyear,Germanyhadrecordedthelargestproductionvalueatroughly360billioneuros,followedbyFranceat318billioneuros.In2020,theannualturnoveroftheEU-27countriesamountedtoapproximately1.7trillioneuros.ReadmoreNote(s):Europe,EU;2020Source(s):EurostatAnnualturnoveroftheconstructionindustryinItalyfrom2011to2020(inmillioneuros)TurnoveroftheconstructionindustryinItaly2011-2020250,000201,072.3194,737.4200,000150,000100,00050,0000173,240.6170,611.6165,236.1161,921.5161,510.6159,896.6159,749.7158,553.32011201220132014201520162017b20182019202013Description:TheturnoveroftheconstructionindustryinItalydecreasedby5.5billioneuros(-3.32percent)in2020incomparisontothepreviousyear.Thisdecreasewasprecededbyanincreaseinturnoverinthisindustry.

ReadmoreNote(s):Italy;2011to2020Source(s):EurostatAnnualoutputatbasicpriceandgrossvalueaddedoftheconstructionsectorinItalyfrom2004to2022(inbillioneuros)ConstructionoutputandgrossvalueaddedinItaly2004-2022OutputatbasicpricesGrossvalueadded300250200150100500200420052006200720082009201020112012201320142015201620172018201920202021202214Description:Thegrossvalueadded(GVA)oftheconstructionindustryinItalyincreasedsignificantlyin2021and2022.Thatlatteryear,theGVAofconstructionreached94billioneuros.Meanwhile,thelatestdataabouttheoutputatbasicpricesoftheconstructionindustrywasfor2021,whenitreachednearly241billioneuros.ReadmoreNote(s):Italy;2004to2022Source(s):IstatCHAPTER

03ConstructionpermitsandprojectsYear-on-yearpercentagechangeintheinvestmentsintheconstructionsectorinItalyfrom2016to2023Y-o-YchangeintheinvestmentsintheconstructionsectorinItaly2016-202330%25%20%15%10%5%26.7%17.6%5.4%1.7%20181%0%-5%-0.4%2016-6.2%2020-10%20172021*2022*2023*16Description:ThevolumeofinvestmentsintheItalianconstructionsectorisexpectedtohavealowergrowthratein2023thaninpreviousyears.Afteramarketcontractionofovertenpercentin2020,investmentinconstructionincreasedby26.7percentin2021and17.6in2022,accordingtoestimates.Beforethestartofthepandemic,thegrowthrateofconstructioninvestmentsdidnotsuffersuchsuddenchanges.ReadmoreNote(s):Italy;2016to2023Source(s):AssociazioneNazionaleCostruttoriEdili-ANCE;IstatInvestmentsintheconstructionsectorinItalyin2022,bytype(inmillioneuros)InvestmentsintheconstructionsectorinItaly2022,bytypeValueinmillioneuros300102040506070HousingrenovationNon-residentialconstruction*Civilengineering63.5661.0718.74Newhousingconstruction15.4617Description:MostoftheinvestmentintheItalianconstructionsectorin2022wentintohousing.Meanwhile,mostoftheinvestmentswithinthatsegmentwentintotherenovationandmaintenanceofresidentialbuildings.Theinvestmentinnon-residentialconstructionwasalsosignificantlylarge,withestimatesfor2022reaching61billioneuros.ReadmoreNote(s):Italy;2022;Figuresareanestimation.;*Includingrepairandmaintenance.ReadmoreSource(s):FIEC-EuropeanConstructionIndustryFederationOperatingtimeensuredbycurrentbacklogofordersintheconstructionindustryinItalyfrom1990to2023(inmonths)OperationtimeensuredbytheconstructionbackloginItaly1990-202318161412108642018Description:Inthefirstthreequartersof2023,constructioncompaniesinItalyreachedthehighestbacklogoforderssince1990.Thatbacklogwouldensureover15monthsofoperatingtimewithoutanyneworders.Thebacklogofordershadremainedrelativelystablebetween2002and2014.In2023,SpainwasoneofthecountrieswiththelargestbacklogofordersinEurope.ReadmoreNote(s):Italy;2022to2023;*2023figuresonlyincludethefirstthreequartersoftheyear.Source(s):Eurostat;Usefulfloorareaofnewnon-residentialbuildingsauthorizedbyconstructionpermitsinItalyfrom2000to2022(inmillionsquaremeters)Constructionpermitsfornon-residentialbuildingsinItaly2000-2022,byfloorarea40353025201510502000

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202219Description:TheusefulfloorareaofcommercialbuildingswhoseconstructionwasauthorizedinItalyamountedtoover10.5millionsquaremetersin2022.Intheaftermathofthefinancialcrisisof2008,therewasastrongdeclineinthesurfaceareathatpermitsauthorizedforconstruction,decreasingfromover25millionsquaremetersin2005to7millionsquaremetersin2014.ReadmoreNote(s):Italy;2000to2022Source(s):IstatUsefulfloorareaofnewresidentialbuildingsauthorizedbyconstructionpermitsinItalyfrom2000to2022(inmillionsquaremeters)FloorareaauthorizedofconstructionpermitsfornewhousinginItaly2000-202225201510502000

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202220Description:In2022,theusefulfloorareaofhousingwhoseconstructionwasauthorizedinItalyamountedto5.3millionsquaremeters.Thesurfaceofresidentialbuildingsauthorizedbypermitsdeclinedalotduringtheaftermathofthefinancialcrisisof2008,fromover20millionsquaremetersin2005toaquarterofthatsizein2013.ReadmoreNote(s):Italy;2000to2022Source(s):IstatNumberofhomesauthorizedbyconstructionpermitsinItalyfrom1stquarter2000to1stquarter2023(in1,000s)NumberofhomesauthorizedbyconstructionpermitsinItaly2000-20238070605040302010021Description:Inthefirstquarterof2023,therewerefewerdwellingsauthorizedbyconstructionpermitsinItalythanayearearlier.Thatnumberpeakedinthesecondquarterof2005,reachingapproximately72,220homesauthorizedbypermits.Meanwhile,therewereroughly14,260homeswithhousingpermitsinearly2023.ReadmoreNote(s):Italy;1stquarter2000to1stquarter2023;Seasonallyadjustedfigures.Source(s):IstatTotalnumberandpercapitanumberofhousingstartsinItalyin2015,2017,2021,and2022TotalnumberandpercapitanumberofhousingstartsinItaly2015-2022Housing

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citizens20152017202120220.80.95561.21.031.0260.3822Description:Thenumberofhomesforwhichconstructionstartedin2022wasslightlylowerthaninthepreviousyear.Overall,therewasonenewhousingstartforevery1,000citizens.Eventhoughthatfigureisslightlyhigherthanitwasin2015or2017,ItalywasatthebottomoftherankingofpercapitahousingstartsinEuropein2022.Thatindicatesthattherewasalowsupplyofnewhousing,whichcouldaffecthousingaffordability.ReadmoreNote(s):Italy;2015,2017,2021,and2022Source(s):DeloitteCumulativenumberofenergyefficiencyprojectsapplyingforthesuperbonusinItalyfromAugust2021toAugust2023(in1,000s)NumberofsuperbonusenergyefficiencyprojectsinItaly2021-2023Numberofprojectsinthousands050100150200250300350400Aug2021Sep2021Oct2021Nov2021Dec2021Jan2022Mar2022Apr2022May2022Jun2022Jul202237.1346.257.6669.3995.72107.59139.03155.54172.45199.12223.95Aug2022Sep2022243.91307.1923Description:ByAugust2023,thecumulativenumberofenergyefficiencyprojectsinhomesinItalythathaveappliedforataxdeductionthroughthesuperbonusschemereached425,350.ThatnumberreflectsthenumberofapplicationsbyhomeownersinthesuperbonusprogramsinceitscreationinJuly2020.ReadmoreNote(s):Italy;August2021toAugust2023Source(s):ENEACHAPTER

04CompaniesTotalrevenueofthelargestconstructionandengineeringcontractorsheadquarteredinItalyfrom2020to2021(inmillionU.S.dollars)TotalrevenueofthelargestItaliancontractors2020-2021TotalrevenueinmillionU.S.dollars20214,000202001,0002,0003,0005,0006,0007,0008,0009,0007,913WebuildSaipem6,0707,3327,5742,921MaireTecnimontDanieli&C.Itinera2,6162,1332,2251,4561,0131,299PizzarottiSicim1,112869541810Ghella630776Bonatti1,024599463RizzanideEccherTrevi42643125Description:ThecontractorwiththebiggesttotalrevenueinItalyin2021wasSaipem,anengineeringandprojectconstructioncompany.Webuildwasthefollowingcompanywiththehighestrevenuethatyear.Thiscompany,previouslycalledtheSaliniImpregilogroup,hadarevenueofoverfivebillionU.S.dollars.Foundedin1906,WebuildisoneofthelargestItaliancivilengineeringgroups,withaconsolidatedpresenceinmorethan50countriesallovertheworld.Itisalsooneofthe100biggest[...]

ReadmoreNote(s):Italy;2020to2021Source(s):ENR;Guamaris.r.l.InternationalrevenuesofthelargestItalianconstructioncontractorsworldwidein2021(inmillionU.S.dollars)InternationalrevenueslargestItalianconstructioncontractorsworldwide2021ValueinmillionU.S.dollars01,0002,0003,0002,8174,0005,0006,0007,0007,0628,000SaipemWebuild5,387MaireTecnimontDanieli&C.Itinera2,005971865697684594444SicimPizzarottiBonattiGhellaRizzanideEccher26Description:In2021,SaipemwastheItalianconstructioncontractorwiththelargestrevenueabroad,amountingtooversevenbillionU.S.dollars.Saipem'smainactivitiesincludetheconstructionofengineeringanddrillingprojects,aswellasotherinfrastructures.ThesecondcompanyintherankingwasWebuild(previouslyknownastheSaliniImpregilogroup)witharevenueofoverfivebillionU.S.dollarsthatyear.Webuildwasamongthe100largestconstructioncompaniesworldwidein[...]

ReadmoreNote(s):Italy;2021Source(s):ENR;Guamaris.r.l.RevenueofthebiggestItalianarchitecturefirmsin2021(in1,000euros)RevenueofthebiggestItalianarchitecturefirms2021Revenueinthousandeuros05,00010,00015,00020,00025,00030,00035,000Archea/MarcoCasamontiRPBW32,14431,000ProgettoCMRLombardini22ATIProject26,00025,21421,100LucaDiniAssociatiACPVArchitectsLissoniAssociatiMCA18,17717,19513,70413,13512,715Starching27Description:In2021,theFlorence-basedgroupArchea/MarcoCasamontigeneratedover32millioneurosinrevenue,rankingastheleadingItalianarchitecturefirm.Insecondposition,RPBWhadaglobalrevenueofapproximately31millioneuros.

ReadmoreNote(s):Italy;2021Source(s):Guamaris.r.l.;VarioussourcesGlobalrevenueofthelargestengineeringfirmswithheadquartersinItalyin2021(inmillioneuros)RevenuesofthelargestItalianengineeringfirmsworldwide2021Domesticrevenuesinmillioneuros050100150200250300Italferr268.96RinaConsulting129.07120.21113.12111.9EniProgettiItalconsultAcea(engineeringandservicesarea)TecneProgerSinaDBAGroup93.5589.4289.179.53SipalAgriconsultingJacobsItalia51.9145.8142.1638.71MM(engineeringdivision)F&MIngegneriaManens-Tifs37.0636.7528Description:In2021,theItalianengineeringandconsultingcompanyItalferrgeneratedarevenueofapproximately269millioneuros,makingitthelargestengineeringfirminthecountry.ItalferrisownedbyFerroviedelloStato,theItalianrailwaystatecompany.ItisbasedinRome,Latium.Thatyear,SaipemandWebuildweresomeofthelargestItalianbuildingcontractors.ReadmoreNote(s):Italy;2021Source(s):Guamaris.r.l.;VarioussourcesRevenuefromcontractswithcustomersofWebuildSpAworldwidefrom2021to2022,byregion(inmillioneuros)GlobalcontractrevenueofWebuildSpA2021-2022,byregionRevenueinmillioneuros20221,000202105001,5002,0001,817.22,5002,185.87ItalyLane(UnitedStates)*Oceania1,204.351,069.18937.06623.59652.03836.94EU(excludingItaly)Americas(excludingLane)Non-EUEuropeAfrica742.91634.15568.07452.84472.44374.03399.19MiddleEast317.41177.05169.51Asia29Description:TheglobalrevenuefromcontractswithcustomersofWebuildSpAincreasedsignificantlyin2022,amountingtonearly7.7billioneuros.Webuild'soperationsinItalygeneratedmostofthecompany'srevenuesinboth2020and2021,followedbyLaneIndustriesintheUnitedStates.Asawhole,WebuildgeneratedmorerevenueabroadthaninItaly.ReadmoreNote(s):Worldwide;2021to2022;*LaneIndustriesIncorporatedisasubsidiaryofWebuildintheUnitedStates.Source(s):WebuildRevenueoftheSaipemGroupworldwidefrom2021to2022,byregion(inmillioneuros)GlobalrevenueoftheSaipemGroup2021-2022,byregionValueinmillioneuros2022

20212,00005001,0001,5002,5003,0003,5004,0004,500MiddleEastSub-SaharanAfricaAmericasEurope(excludingItaly)Fareast*CIS**ItalyNorthAfrica30Description:In2022,theItaliancompanySaipemSpAgeneratedmostofitsrevenueintheMiddleEastandsub-SaharanAfrica.Saipemisanengineeringandconstructioncontractorthatmostlyworksononshoreandoffshoreoilprojects.Saipemonlygenerated400millioneurosworthofrevenueinItalythatyear.SaipemwasoneofthelargestItalianconstructionandengineeringcontractorsin2021.ReadmoreNote(s):Worldwide,Italy;*Thesourceusedtheterm"fareast"torefertothefollowingmarketsintheAsia-Pacificregion:Australia,China,India,Indonesia,Japan,Malaysia,Singapore,Taiwan,Thailand,andVietnam.**Thesourceusedtheterm[...]

ReadmoreSource(s):SaipemCHAPTER

05ConstructionpricesandtradeofmaterialsAnnualchangeofproducerpricesforbuildingconstructioninItalyfrom2011to2022,bytypePricechangeofbuildingconstructioninItaly2011-2022,bytypeResidentialbuildingsNon-residentialbuildings10%8%6%4%2%0%-2%-4%20112012201320142015201620172018201920202021202232Description:In2022,thegrowthrateofconstructionbuildingconstructioninItalyreacheditshighestvalueinthepastdecade.Thecostoferectinganon-residentialbuildingincreasedhigherthanthatofhousing.TurkeywasbyfarthecountrywiththehighesthousingconstructionpriceincreaseinSouthernEuropein2022,asithasbeenstrugglingwithhyperinflation.ReadmoreNote(s):Italy;2011to2022Source(s):Istat;AnnualchangeofproducerpricesfortransportinfrastructureconstructioninItalyfrom2011to2022,bytypePricechangeoftransportinfrastructureconstructioninItaly2011-2022,bytypeRoadsandmotorwaysBridgesandtunnels10.0%8.0%6.0%4.0%2.0%0.0%-2.0%20112012201320142015201620172018201920202021202233Description:TheproducerpriceoftransportinfrastructureworkinItalyincreasedsignificantlyin2022.Thatyear,theconstructioncostofbridgesandtunnelswas8.5higherthanin2021.Thecostofroadsandmotorwaysfellin2016and2017butgreweveryotheryear.InfrastructureconstructioncostsinGermanyalsorosein2022.ReadmoreNote(s):Italy;2011to2022Source(s):Istat;AnnualpersonnelcostsoftheconstructionindustryinItalyfrom2009to2020(inmillioneuros)PersonnelcostsoftheconstructionindustryinItaly2009-202045,00038,694.340,00035,00030,00025,00020,00015,00010,0005,000034,509.132,761.932,370.230,808.429,167.229,184.529,180.328,794.728,124.727,543.627,700.5200920102011201220132014201520162017b20182019202034Description:ThepersonnelcostsoftheconstructionindustryinItalydeclinedto29.2billioneurosin2020.Thisdecreasewasprecededbyanincreaseinpersonnelcostsinthisindustry.ReadmoreNote(s):Italy;2009to2020Source(s):EurostatAnnualchangeofproducerpricesforselectedconstructionmaterials,fixtures,andappliancesinItalyfrom2017to2022,bytypeofmaterialPricechangeofconstructionmaterialsinItaly2017-2022,bymaterial202221.76%13.93%12.33%12.37%202113.32%3.22%5.82%5.1%2020-0.92%3.45%0.81%0.61%20190.83%-0.12%1.27%0.24%20182.3%20170.04%-2.01%1.12%1.01%Veneersheetsandwood-basedpanelsAssembledparquetfloors-0.5%2.64%2.63%Otherbuilders'carpentryandjoineryPaints,varnishesandsimilarcoatings,printinginkandmasticsBuilders'wareofplasticFlatglass13.92%46.54%26.32%17.25%50.27%3.49%8.44%2.8%2.82%-1.65%0.19%2.24%1.34%2.17%-1.01%2.12%-0.7%0.91%-1.13%1.42%0.13%0.04%0.38%0.55%0.44%0.77%-1.01%ShapingandprocessingofflatglassCeramictilesandflags1.42%7.12%Bricks,tiles,andconstructionproductsinbakedclay0.77%CeramicsanitaryfixturesCement5.93%-0.39%4.8%-0.18%5.42%0.13%8.16%0.05%2.73%-1.35%2.59%46.46%35Description:Bricks,tiles,andotherbakedclayproductswerethetypeofconstructionmaterialswiththehighestpriceincreaseinItalyin2022.Meanwhile,thecostofmanufacturingflatglassandcement,thefollowingproductsintheranking,wasroughly46.5percenthigherin2022thaninthepreviousyear.MetalproductshadthelargestconstructionmaterialpriceincreasesinGermanythatyear.ReadmoreNote(s):2017to2022Source(s):Istat;ValueofimportsandexportsofselectedstoneandmineralconstructionmaterialinItalyin2022,bytype(inmillioneuros)ImportsandexportsofstoneandmineralconstructionmaterialsinItaly2022ValueinmillioneurosImport0Export50100150200250300350400450127.2Articlesofcement,concreteorartificialstone389.2274.1Cement,incl.cementclinkersPebbles,gravel,brokenorcrushedstone173376954.232.626.9218.1Granite,porphyry,basalt,sandstoneandothermonumentalorbuildingstoneCeramicbuildingbricks,flooringblocks,supportorfillertilesRoofingtiles,chimneypots,cowls,chimneyliners,architecturalornamentsLimestoneflux;limestoneandothercalcareousstone7.97.60.10.436Description:In2022,theexportvalueofcement(includingcementclinkers)byItalywasroughly101millioneuroshigherthantheimportvalue.Meanwhile,Italyhadanegativebalanceforitsarticlesofcement,concrete,orartificialstone,whichmeansthattheimportsofthatproduc