Italy: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Italy

The Italian market for cellular plates, sheets and films of polyymers of styrene reduced to $X in 2022, with a decrease of -14.9% against the previous year. Overall, consumption, however, recorded resilient growth. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Italy

In value terms, production of cellular plates, sheets and films of polyymers of styrene dropped significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 136%. As a result, production reached the peak level of $X, and then dropped notably in the following year.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Italy

In 2022, exports of cellular plates, sheets and films of polyymers of styrene from Italy dropped rapidly to X tons, waning by -33.2% against the year before. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene dropped dramatically to $X in 2022. Overall, exports saw a pronounced reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 33% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Italy, accounting for a 31% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Switzerland exceeded the volume sent to the second major destination, Slovenia (X tons), threefold. Croatia (X tons) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (-4.1% per year) and Croatia (+10.3% per year).

In value terms, the largest markets for polystyrene cellular plates, sheets and films exported from Italy were Switzerland ($X), the United States ($X) and Slovenia ($X), with a combined 48% share of total exports.

The United States, with a CAGR of +38.1%, recorded the highest growth rate of the value of exports, in terms of 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 cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Croatia ($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 Hungary (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Italy

Imports of cellular plates, sheets and films of polyymers of styrene into Italy surged to X tons in 2022, jumping by 78% against the previous year. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 216%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 256%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Greece (X tons) and Switzerland (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Italy, together accounting for 49% of total imports. Serbia, Austria, France, Slovenia, Bulgaria, Poland, the Czech Republic, Spain and Hungary lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +123.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films suppliers to Italy were Switzerland ($X), Germany ($X) and Serbia ($X), together comprising 52% of total imports.

Among the main suppliers, Serbia, with a CAGR of +152.0%, saw the highest rates of growth with regard to 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

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, growing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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