Italy: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Italy

The Italian jute and jute-like fibers market skyrocketed to $X in 2022, rising by 179% against the previous year. In general, consumption saw a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Jute And Jute-Like Fibers in Italy

In value terms, jute and jute-like fibers production shrank significantly to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by 94%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of jute and jute-like fibers in Italy amounted to less than X kg per ha in 2022, stabilizing at 2021. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of jute and jute-like fibers in Italy was estimated at less than X ha, therefore, remained relatively stable against 2021. In general, the harvested area saw a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from Italy

In 2022, the amount of jute and jute-like fibers exported from Italy rose markedly to X tons, with an increase of 11% compared with the year before. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 461% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, jute and jute-like fibers exports rose slightly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 127% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for jute and jute-like fibers exports from Italy, accounting for a 87% share of total exports. Moreover, jute and jute-like fibers exports to Slovakia exceeded the volume sent to the second major destination, Belgium (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at +92.8%.

In value terms, Slovakia ($X) remains the key foreign market for jute and jute-like fibers exports from Italy, comprising 22% of total exports. The second position in the ranking was held by Belgium ($X), with a 7.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to +21.7%.

Export Prices by Country

The average jute and jute-like fibers export price stood at $X per ton in 2022, waning by -7.7% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 102% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+44.0%), while the prices for the other major destinations experienced a decline.

Imports of Jute And Jute-Like Fibers

Imports into Italy

In 2022, supplies from abroad of jute and jute-like fibers increased by 228% to X tons, rising for the second year in a row after five years of decline. Overall, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 230%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, jute and jute-like fibers imports skyrocketed to $X in 2022. In general, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest jute and jute-like fibers supplier to Italy, with a 62% share of total imports. Moreover, jute and jute-like fibers imports from Belgium exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+101.2% per year) and Germany (+59.0% per year).

In value terms, Belgium ($X), France ($X) and the Czech Republic ($X) were the largest jute and jute-like fibers suppliers to Italy, with a combined 80% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +51.0%, recorded the highest rates of growth with regard to 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 jute and jute-like fibers import price amounted to $X per ton, with a decrease of -9.2% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 24%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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