Italy: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Italy

The Italian cyclanes, cyclenes and cycloterpenes market rose sharply to $X in 2021, picking up by 9.9% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Italy

In value terms, cyclanes, cyclenes and cycloterpenes production declined sharply to $X in 2021 estimated in export price. In general, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 483% against the previous year. Cyclanes, cyclenes and cycloterpenes production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Italy

In 2021, exports of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) from Italy surged to X tons, growing by 63% against 2020 figures. Over the period under review, exports, however, continue to indicate a perceptible downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports soared to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Italy, with a combined 70% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +47.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Germany ($X) and Turkey ($X) were the largest markets for cyclanes, cyclenes and cycloterpenes exported from Italy worldwide, with a combined 58% share of total exports.

Among the main countries of destination, Turkey, with a CAGR of +52.1%, saw 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 cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2021, with an increase of 30% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cyclanes, cyclenes and cycloterpenes export price decreased by -4.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 39% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Slovenia ($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 the Czech Republic (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Italy

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were imported into Italy; with an increase of 6.1% compared with the previous year. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.1% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of 31% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), China (X tons) and Germany (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Italy, with a combined 63% share of total imports. The Netherlands, South Korea, Taiwan (Chinese), France and the United States lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +152.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and China ($X) appeared to be the largest cyclanes, cyclenes and cycloterpenes suppliers to Italy, together accounting for 59% of total imports. These countries were followed by the Netherlands, France, the United States, South Korea and Taiwan (Chinese), which together accounted for a further 30%.

Taiwan (Chinese), with a CAGR of +151.9%, 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 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, growing by 28% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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