Italy: Fluoropolymers Market 2024

Fluoropolymers Market Size in Italy

The Italian fluoropolymers market declined to $X in 2021, falling by -8.5% against the previous year. In general, consumption showed a noticeable setback. Fluoropolymers consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Fluoropolymers Production in Italy

In value terms, fluoropolymers production dropped to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 21%. Fluoropolymers production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Fluoropolymers Exports

Exports from Italy

In 2021, shipments abroad of fluoropolymers increased by 28% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, fluoropolymers exports soared to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main destinations of fluoropolymers exports from Italy, with a combined 52% share of total exports. France, Switzerland, Turkey, Belgium, Romania, Brazil, Japan, India, Spain and South Korea lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +26.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluoropolymers exported from Italy were the United States ($X), Germany ($X) and China ($X), with a combined 53% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +20.4%, 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 fluoropolymers export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 16%. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to India ($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 South Korea (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fluoropolymers Imports

Imports into Italy

In 2021, purchases abroad of fluoropolymers was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, 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, fluoropolymers imports soared to $X in 2021. Over the period under review, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of fluoropolymers imports to Italy, together accounting for 64% of total imports. France, India, the Netherlands, the United States and Belgium lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +17.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Russia ($X) constituted the largest fluoropolymers suppliers to Italy, with a combined 58% share of total imports. The Netherlands, France, India, the United States and Belgium lagged somewhat behind, together comprising a further 38%.

In terms of the main suppliers, France, with a CAGR of +13.5%, 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 2021, the average fluoropolymers import price amounted to $X per ton, growing by 9.8% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Russia ($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 United States (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :