Italy: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Italy

The Italian aniline derivatives market rose notably to $X in 2021, increasing by 6.7% against the previous year. In general, consumption, however, continues to indicate a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Aniline Derivatives Production in Italy

In value terms, aniline derivatives production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of 46% against the previous year. Aniline derivatives production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Aniline Derivatives Exports

Exports from Italy

After two years of decline, overseas shipments of aniline derivatives and their salts increased by 2.2% to X tons in 2021. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 157% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, aniline derivatives exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2018 when exports increased by 157% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of aniline derivatives exports from Italy, together accounting for 59% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +22.9%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for aniline derivatives and their salts exports from Italy, comprising 67% of total exports. The second position in the ranking was taken by Belgium ($X), with an 8.5% share of total exports. It was followed by the Netherlands, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+11.6% per year) and the Netherlands (-4.6% per year).

Export Prices by Country

The average aniline derivatives export price stood at $X per ton in 2021, surging by 14% against the previous year. Over the period under review, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2016 when the average export price increased by 241%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 France (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Derivatives Imports

Imports into Italy

In 2021, the amount of aniline derivatives and their salts imported into Italy dropped markedly to X tons, which is down by -18.5% compared with 2020. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 61% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, aniline derivatives imports reached $X in 2021. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 58%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest aniline derivatives supplier to Italy, accounting for a 50% share of total imports. Moreover, aniline derivatives imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. India (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.3% per year) and India (-7.7% per year).

In value terms, China ($X) constituted the largest supplier of aniline derivatives and their salts to Italy, comprising 48% of total imports. The second position in the ranking was held by India ($X), with a 21% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-6.0% per year) and the United States (-9.4% per year).

Import Prices by Country

The average aniline derivatives import price stood at $X per ton in 2021, jumping by 27% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 66%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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