Report Update Nov 1, 2024

Italy - Acrylonitrile - Market Analysis, Forecast, Size, Trends and Insights

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Italy: Acrylonitrile Market 2024

Acrylonitrile Market Size in Italy

In 2021, the Italian acrylonitrile market increased by 46% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed a measured expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Acrylonitrile Exports

Exports from Italy

In 2021, overseas shipments of acrylonitrile decreased by -99.7% to X kg, falling for the second consecutive year after two years of growth. Overall, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 1,716%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, acrylonitrile exports declined significantly to $X in 2021. In general, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of 1,545%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Finland (X kg) was the main destination for acrylonitrile exports from Italy, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland stood at -88.0%.

In value terms, Finland ($X) emerged as the key foreign market for acrylonitrile exports from Italy.

From 2012 to 2021, the average annual rate of growth in terms of value to Finland stood at -89.4%.

Export Prices by Country

In 2021, the average acrylonitrile export price amounted to $X per ton, shrinking by -18.7% against the previous year. Overall, the export price recorded a noticeable slump. The growth pace was the most rapid in 2018 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to +72.4% per year.

Acrylonitrile Imports

Imports into Italy

In 2021, imports of acrylonitrile into Italy rose markedly to X tons, increasing by 9.3% against the year before. The total import volume increased at an average annual rate of +1.9% from 2014 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 11% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, acrylonitrile imports soared to $X in 2021. In general, total imports indicated a noticeable expansion from 2014 to 2021: its value increased at an average annual rate of +2.0% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of acrylonitrile to Italy, with a 54% share of total imports. Moreover, acrylonitrile imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 16% share.

From 2014 to 2021, the average annual growth rate of volume from the Netherlands stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-7.0% per year) and France (+57.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of acrylonitrile to Italy, comprising 53% of total imports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total imports. It was followed by France, with a 17% share.

From 2014 to 2021, the average annual growth rate of value from the Netherlands totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.5% per year) and France (+55.6% per year).

Import Prices by Country

In 2021, the average acrylonitrile import price amounted to $X per ton, rising by 33% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile in the world?

The countries with the highest volumes of acrylonitrile consumption in 2020 were the United States, Turkey and the UK, together accounting for 39% of global consumption. These countries were followed by China, the Netherlands, Japan, Malaysia, India, Taiwan Chinese), France, Mexico, the United Arab Emirates and Belgium, which together accounted for a further 50%.

What are the largest producers of acrylonitrile in the world?

The United States remains the largest acrylonitrile producing country worldwide, comprising approx. 43% of total volume. Moreover, acrylonitrile production in the United States exceeded the figures recorded by the second-largest producer, Japan, fourfold. The third position in this ranking was occupied by the UK, with a 10% share.

What are the leading suppliers of acrylonitrile to Italy?

In value terms, the Netherlands, Belgium and the UK constituted the largest acrylonitrile suppliers to Italy, together comprising 89% of total imports.

What are the leading importers of acrylonitrile from Italy?

In value terms, the United States emerged as the key foreign market for acrylonitrile exports from Italy, comprising 96% of total exports. The second position in the ranking was occupied by Croatia $443), with a 1.4% share of total exports.

What is the average export price for acrylonitrile in Italy?

In 2020, the average acrylonitrile export price amounted to $7,934 per ton, falling by -52.5% against the previous year.

What is the average import price for acrylonitrile in Italy?

The average acrylonitrile import price stood at $1,477 per ton in 2020, reducing by -9.4% against the previous year.

This report provides an in-depth analysis of the acrylonitrile market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144350 - Acrylonitrile

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023