Italy: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Italy

The Italian activated natural mineral products market skyrocketed to $X in 2021, rising by 16% against the previous year. In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +25.9% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Production of Activated Natural Mineral Products in Italy

In value terms, activated natural mineral products production contracted to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +131.4% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 89% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped slightly in the following year.

Exports of Activated Natural Mineral Products

Exports from Italy

Activated natural mineral products exports from Italy rose notably to X tons in 2021, picking up by 5.8% against the previous year's figure. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 21%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, activated natural mineral products exports rose remarkably to $X in 2021. Over the period under review, exports, however, showed a slight curtailment. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for activated natural mineral products exports from Italy, with a 31% share of total exports. Moreover, activated natural mineral products exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. Spain (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.9% per year) and Spain (-2.8% per year).

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for activated natural mineral products exported from Italy worldwide, with a combined 36% share of total exports. These countries were followed by the UK, Austria, Bulgaria, Tunisia, Greece, Romania, Switzerland, Ukraine, the Netherlands and Iraq, which together accounted for a further 23%.

Among the main countries of destination, Tunisia, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, picking up by 4.6% against the previous year. In general, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Tunisia ($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 Iraq (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into Italy

In 2021, overseas purchases of activated natural mineral products increased by 88% to X tons, rising for the second consecutive year after four years of decline. Overall, imports recorded noticeable growth. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, activated natural mineral products imports surged to $X in 2021. Over the period under review, imports, however, showed a mild setback. The pace of growth was the most pronounced in 2018 when imports increased by 50% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of activated natural mineral products to Italy, accounting for a 61% share of total imports. Moreover, activated natural mineral products imports from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from Greece stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.0% per year) and Spain (+3.8% per year).

In value terms, Germany ($X), Greece ($X) and Spain ($X) constituted the largest activated natural mineral products suppliers to Italy, together comprising 62% of total imports.

Greece, with a CAGR of +3.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated natural mineral products import price stood at $X per ton in 2021, shrinking by -25.3% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2017 when the average import price increased by 72% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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