Italy: Dichloromethane Market 2024

Dichloromethane Market Size in Italy

In 2021, after three years of decline, there was significant growth in the Italian dichloromethane market, when its value increased by 18% to $X. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Dichloromethane Production in Italy

In value terms, dichloromethane production soared to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 36% against the previous year. Dichloromethane production peaked in 2021 and is expected to retain growth in the near future.

Dichloromethane Exports

Exports from Italy

In 2021, the amount of dichloromethane (methylene chloride) exported from Italy contracted to X tons, with a decrease of -10.6% against 2020 figures. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 when exports increased by 84% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, dichloromethane exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when exports increased by 82% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Turkey (X tons) and Israel (X tons) were the main destinations of dichloromethane exports from Italy, with a combined 54% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +74.0%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for dichloromethane (methylene chloride) exports from Italy, comprising 28% of total exports. The second position in the ranking was held by Turkey ($X), with a 10% share of total exports. It was followed by France, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland stood at +33.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-0.6% per year) and France (+18.6% per year).

Export Prices by Country

In 2021, the average dichloromethane export price amounted to $X per ton, surging by 70% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Serbia ($X per ton), while the average price for exports to the Netherlands ($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 Poland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dichloromethane Imports

Imports into Italy

In 2021, approx. X tons of dichloromethane (methylene chloride) were imported into Italy; waning by -10.1% compared with the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 22%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dichloromethane imports surged to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of dichloromethane imports to Italy, together comprising 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +18.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the largest dichloromethane suppliers to Italy, together accounting for 99% of total imports.

The Netherlands, with a CAGR of +24.6%, 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 mixed trend patterns.

Import Prices by Country

The average dichloromethane import price stood at $X per ton in 2021, increasing by 60% against the previous year. In general, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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