Italy: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Italy

The Italian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function contracted to $X in 2022, which is down by -1.9% against the previous year. Over the period under review, consumption saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Italy

In value terms, butanal butanal and acyclic aldehydes production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a drastic downturn. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Italy

In 2022, overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function increased by 6.3% to X tons, rising for the third consecutive year after two years of decline. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 192%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports declined rapidly to $X in 2022. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 110% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Slovenia (X tons), South Africa (X tons) and Germany (X tons) were the main destinations of butanal butanal and acyclic aldehydes exports from Italy, with a combined 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +1,270.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the largest markets for butanal butanal and acyclic aldehydes exported from Italy worldwide, with a combined 49% share of total exports. South Africa, Slovenia, the Czech Republic, Ukraine, Spain, Tunisia, Turkey, Romania, Cyprus and Pakistan lagged somewhat behind, together comprising a further 21%.

South Africa, with a CAGR of +954.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, reducing by -20.7% against the previous year. Over the period under review, the export price, however, continues to indicate a notable expansion. The growth pace was the most rapid in 2018 an increase of 83%. The export price peaked at $X per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Pakistan ($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 France (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Italy

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were imported into Italy; which is down by -17% against 2021 figures. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes imports reached $X in 2022. Over the period under review, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and China (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Italy, with a combined 76% share of total imports. Belgium, Spain, the Netherlands and France lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +31.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest butanal butanal and acyclic aldehydes suppliers to Italy were Germany ($X), Spain ($X) and Sweden ($X), together comprising 61% of total imports. China, France, the Netherlands and Belgium lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Belgium, with a CAGR of +24.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, rising by 24% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+59.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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