Italy: Direct Dye Market 2024

Direct Dye Market Size in Italy

The Italian direct dye market skyrocketed to $X in 2021, increasing by 43% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Direct Dye Production in Italy

In value terms, direct dye production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by 373%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Direct Dye Exports

Exports from Italy

In 2021, direct dye exports from Italy skyrocketed to X tons, jumping by 36% on 2020. Overall, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.7% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, direct dye exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Romania (X tons) and Poland (X tons) were the main destinations of direct dye exports from Italy, together accounting for 51% of total exports. These countries were followed by Sweden, France, Tunisia, Norway, Austria, Serbia, Slovakia, Bosnia and Herzegovina and Spain, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +167.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Poland ($X) appeared to be the largest markets for direct dye exported from Italy worldwide, with a combined 50% share of total exports. France, Romania, Tunisia, Slovakia, Austria, Norway, Serbia, Spain and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Norway, with a CAGR of +91.7%, 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

In 2021, the average direct dye export price amounted to $X per ton, dropping by -7.6% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 6.7% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Tunisia ($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 Spain (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Direct Dye Imports

Imports into Italy

In 2021, the amount of direct dyes and preparations based thereon imported into Italy skyrocketed to X tons, with an increase of 20% compared with the year before. The total import volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, direct dye imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 30% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of direct dye imports to Italy, together accounting for 73% of total imports. France, China, Poland, Taiwan (Chinese), the UK and Germany lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +127.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of direct dyes and preparations based thereon to Italy, comprising 39% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.0% per year) and the Netherlands (+18.2% per year).

Import Prices by Country

The average direct dye import price stood at $X per ton in 2021, with an increase of 4.5% against the previous year. In general, the import price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a 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 China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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