Italy: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Italy

In 2022, the Italian textile industry finishing agents market decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Finishing Agents Used In The Textile Industry in Italy

In value terms, textile industry finishing agents production reached $X in 2022 estimated in export price. In general, production saw a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Finishing Agents Used In The Textile Industry

Exports from Italy

In 2022, the amount of finishing agents used in the textile industry exported from Italy fell to X tons, waning by X% compared with 2021 figures. Overall, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, textile industry finishing agents exports shrank to $X in 2022. In general, exports showed a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons), Switzerland (X tons) and the UK (X tons) were the main destinations of textile industry finishing agents exports from Italy, together accounting for X% of total exports.

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

In value terms, Bangladesh ($X) remains the key foreign market for finishing agents used in the textile industry exports from Italy, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Tunisia (X% per year).

Export Prices by Country

The average textile industry finishing agents export price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

Imports of Finishing Agents Used In The Textile Industry

Imports into Italy

In 2022, after ten years of growth, there was significant decline in overseas purchases of finishing agents used in the textile industry, when their volume decreased by X% to X tons. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped notably in the following year.

In value terms, textile industry finishing agents imports fell to $X in 2022. Over the period under review, total imports indicated a pronounced expansion 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 pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of textile industry finishing agents to Italy, with a X% share of total imports. Moreover, textile industry finishing agents imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest textile industry finishing agents suppliers to Italy, together comprising X% of total imports. Belgium, the Netherlands, Switzerland and Greece lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 textile industry finishing agents import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price, however, showed a perceptible decrease. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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