Italy: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Italy

The Italian market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals shrank modestly to $X in 2021, which is down by -4.8% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Italy

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals dropped to $X in 2021 estimated in export price. In general, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +7.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 42% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Italy

In 2021, after two years of decline, there was significant growth in shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, when their volume increased by 31% to X tons. Overall, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2015 with an increase of 183% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals skyrocketed to $X in 2021. Over the period under review, exports enjoyed tangible growth. The most prominent rate of growth was recorded in 2015 when exports increased by 97%. Over the period under review, the exports of attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Italy, accounting for a 86% share of total exports. Moreover, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to the United States exceeded the volume sent to the second major destination, Slovenia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+69.4% per year) and the Czech Republic (+8.9% per year).

In value terms, the United States ($X), Slovenia ($X) and the Czech Republic ($X) appeared to be the largest markets for chlorides and phosphorus oxychloride and halides exported from Italy worldwide, together comprising 76% of total exports.

In terms of the main countries of destination, Slovenia, with a CAGR of +111.6%, recorded 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 export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, picking up by 4.2% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 438% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the United States ($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 Belgium (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Italy

In 2021, after two years of decline, there was growth in overseas purchases of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, when their volume increased by 0.6% to X tons. In general, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by 12% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals fell to $X in 2021. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 10% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest chlorides and phosphorus oxychloride and halides supplier to Italy, with a 85% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.4% per year) and the Netherlands (+7.8% per year).

In value terms, Germany ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Italy, comprising 54% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.7% per year) and the United States (-1.7% per year).

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, waning by -15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 59%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany ($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 (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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