Italy: Abs Copolymers Market 2024

Abs Copolymers Market Size in Italy

In 2021, the Italian ABS copolymers market was finally on the rise to reach $X after two years of decline. In general, consumption saw a relatively flat trend pattern. Consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Abs Copolymers Production in Italy

In value terms, ABS copolymers production surged to $X in 2021 estimated in export price. Overall, production showed a pronounced setback. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Abs Copolymers Exports

Exports from Italy

In 2021, the amount of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exported from Italy dropped to X tons, with a decrease of -1.8% against the previous year's figure. The total export volume increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 with an increase of 12% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, ABS copolymers exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for ABS copolymers exports from Italy, accounting for a 31% share of total exports. Moreover, ABS copolymers exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), twofold. Poland (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+3.7% per year) and Poland (+1.7% per year).

In value terms, Germany ($X) remains the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Italy, comprising 28% of total exports. The second position in the ranking was held by Austria ($X), with a 12% share of total exports. It was followed by Poland, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+5.5% per year) and Poland (+2.2% per year).

Export Prices by Country

In 2021, the average ABS copolymers export price amounted to $X per ton, jumping by 58% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Abs Copolymers Imports

Imports into Italy

In 2021, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, ABS copolymers imports surged to $X in 2021. Overall, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), South Korea (X tons) and the Netherlands (X tons) were the main suppliers of ABS copolymers imports to Italy, together comprising 60% of total imports. These countries were followed by Spain, Taiwan (Chinese), Germany and France, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +19.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ABS copolymers suppliers to Italy were Belgium ($X), South Korea ($X) and the Netherlands ($X), together comprising 60% of total imports. Spain, Taiwan (Chinese), Germany and France lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, France, with a CAGR of +27.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ABS copolymers import price amounted to $X per ton, surging by 56% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Spain ($X per ton) and Belgium ($X per ton), while the price for France ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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