Italy: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Italy

The Italian articles of fiber cement market contracted to $X in 2022, with a decrease of -9% against the previous year. Over the period under review, consumption saw a abrupt contraction. Articles of fiber cement consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Italy

In value terms, articles of fiber cement production dropped to $X in 2022 estimated in export price. Overall, production faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 32% against the previous year. Articles of fiber cement production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Italy

In 2022, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were exported from Italy; shrinking by -1.9% compared with 2021. Over the period under review, exports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, articles of fiber cement exports dropped to $X in 2022. In general, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 36%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), the UK (X tons) and Hungary (X tons) were the main destinations of articles of fiber cement exports from Italy, with a combined 73% share of total exports. Israel, Spain, Senegal, Switzerland, Denmark, Algeria, the Netherlands and Germany lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of +35.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Hungary ($X) appeared to be the largest markets for articles of fiber cement exported from Italy worldwide, together accounting for 59% of total exports. Israel, Switzerland, Spain, Denmark, Senegal, Algeria, the Netherlands and Germany lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Senegal, with a CAGR of +34.6%, recorded the highest growth rate of 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 articles of fiber cement export price stood at $X per ton in 2022, with a decrease of -7.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Italy

For the third consecutive year, Italy recorded growth in purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like, which increased by 12% to X tons in 2022. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, articles of fiber cement imports soared to $X in 2022. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of articles of fiber cement to Italy, with a 61% share of total imports. Moreover, articles of fiber cement imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.9% per year) and China (-0.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Italy, comprising 62% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and China (+6.2% per year).

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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