Italy: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Italy

The Italian anti-freezing preparations market dropped notably to $X in 2021, waning by -93.1% against the previous year. Over the period under review, consumption continues to indicate a precipitous contraction. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank notably in the following year.

Anti-Freezing Preparations Production in Italy

In value terms, anti-freezing preparations production reached $X in 2021 estimated in export price. Overall, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 277%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Anti-Freezing Preparations Exports

Exports from Italy

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids exported from Italy expanded notably to X tons, increasing by 11% on the year before. In general, total exports indicated a remarkable increase from 2012 to 2021: its volume 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, exports decreased by -6.6% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 14%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, anti-freezing preparations exports soared to $X in 2021. The total export value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for anti-freezing preparations exports from Italy, with a 14% share of total exports. Moreover, anti-freezing preparations exports to Turkey exceeded the volume sent to the second major destination, France (X tons), twofold. Austria (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.3% per year) and Austria (+18.3% per year).

In value terms, Turkey ($X) emerged as the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Italy, comprising 14% of total exports. The second position in the ranking was held by China ($X), with a 5.7% share of total exports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to Turkey totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-4.1% per year) and Germany (+3.8% per year).

Export Prices by Country

The average anti-freezing preparations export price stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to Austria ($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 Libya (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Freezing Preparations Imports

Imports into Italy

Anti-freezing preparations imports into Italy declined to X tons in 2021, which is down by -4.4% compared with the previous year. Over the period under review, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.4% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 43%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, anti-freezing preparations imports expanded significantly to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 52% 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

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of anti-freezing preparations imports to Italy, with a combined 73% share of total imports. Poland, France, Albania, Austria and the UK lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Albania (with a CAGR of +28.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anti-freezing preparations suppliers to Italy were Germany ($X), Belgium ($X) and the Netherlands ($X), with a combined 71% share of total imports. These countries were followed by France, Poland, the UK, Austria and Albania, which together accounted for a further 19%.

Albania, with a CAGR of +28.2%, saw 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

In 2021, the average anti-freezing preparations import price amounted to $X per ton, increasing by 17% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Albania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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