Italy: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in Italy

The Italian aromatic polyamines market rose rapidly to $X in 2021, surging by 13% against the previous year. Over the period under review, consumption, however, saw a perceptible setback. Aromatic polyamines consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Aromatic Polyamines Production in Italy

In value terms, aromatic polyamines production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable downturn. The growth pace was the most rapid in 2020 when the production volume increased by 65%. Aromatic polyamines production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Aromatic Polyamines Exports

Exports from Italy

In 2021, overseas shipments of aromatic polyamines and their derivatives, salts thereof increased by 5.8% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 188%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, aromatic polyamines exports reduced to $X in 2021. Over the period under review, exports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 334% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and Algeria (X tons) were the main destinations of aromatic polyamines exports from Italy, together accounting for 48% of total exports. These countries were followed by Saudi Arabia, France, Germany, Turkey, Serbia, the UK, Finland, Canada, Brazil and Mexico, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +44.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aromatic polyamines exported from Italy were France ($X), the United States ($X) and Spain ($X), with a combined 45% share of total exports. Algeria, Germany, Saudi Arabia, Brazil, Turkey, Serbia, Canada, the UK, Mexico and Finland lagged somewhat behind, together comprising a further 41%.

Among the main countries of destination, Finland, with a CAGR of +33.5%, saw 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

The average aromatic polyamines export price stood at $X per ton in 2021, waning by -15.2% against the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Finland ($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 (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Aromatic Polyamines Imports

Imports into Italy

In 2021, purchases abroad of aromatic polyamines and their derivatives, salts thereof increased by 8.3% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a mild setback. The pace of growth was the most pronounced in 2014 when imports increased by 14%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, aromatic polyamines imports skyrocketed to $X in 2021. In general, imports, however, showed a abrupt downturn. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of aromatic polyamines imports to Italy, with a combined 75% share of total imports. These countries were followed by Slovakia, Belgium, Switzerland and India, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and Germany ($X) were the largest aromatic polyamines suppliers to Italy, with a combined 68% share of total imports.

The Netherlands, with a CAGR of +13.0%, saw the highest rates of growth with regard to the value of imports, among 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 aromatic polyamines import price amounted to $X per ton, rising by 10% against the previous year. Overall, the import price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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