Italy: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Italy

In 2022, the Italian compound plasticisers market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Compound Plasticisers Production in Italy

In value terms, compound plasticisers production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Compound Plasticisers Exports

Exports from Italy

Compound plasticisers exports from Italy reduced to X tons in 2022, shrinking by X% compared with 2021. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, compound plasticisers exports expanded to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of compound plasticisers exports from Italy, with a combined X% share of total exports.

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

In value terms, Germany ($X), Spain ($X) and Turkey ($X) were the largest markets for compound plasticisers exported from Italy worldwide, together comprising X% of total exports.

Spain, with a CAGR of X%, 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

In 2022, the average compound plasticisers export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 the United States ($X per ton), while the average price for exports to Spain ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports

Imports into Italy

In 2022, supplies from abroad of compound plasticisers for rubber or plastics increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, compound plasticisers imports surged to $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Argentina (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of compound plasticisers imports to Italy, together accounting for X% of total imports. Brazil, Belgium, Estonia, South Korea, France and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Argentina ($X) were the largest compound plasticisers suppliers to Italy, together accounting for X% of total imports. The Netherlands, Brazil, Estonia, South Korea, India and France lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of 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 2022, the average compound plasticisers import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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