Italy: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in Italy

In 2021, the Italian market for liquid or compressed air and distilled or conductivity water increased by 55% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a pronounced reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Liquid Or Compressed Air And Distilled Or Conductivity Water in Italy

In value terms, liquid air and distilled water production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. Liquid air and distilled water production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from Italy

In 2021, shipments abroad of liquid or compressed air and distilled or conductivity water increased by 23% to X tons, rising for the third consecutive year after four years of decline. Overall, exports continue to indicate a notable increase. The growth pace was the most rapid in 2013 when exports increased by 80%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, liquid air and distilled water exports contracted sharply to $X in 2021. In general, exports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2020 when exports increased by 61% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for liquid air and distilled water exports from Italy, accounting for a 51% share of total exports. Moreover, liquid air and distilled water exports to Belgium exceeded the volume sent to the second major destination, Austria (X tons), fourfold. The third position in this ranking was held by France (X tons), with a 9.3% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+14.6% per year) and France (+18.6% per year).

In value terms, Belgium ($X) remains the key foreign market for liquid or compressed air and distilled or conductivity water exports from Italy, comprising 64% of total exports. The second position in the ranking was taken by Portugal ($X), with a 6.1% share of total exports. It was followed by France, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+101.3% per year) and France (+6.0% per year).

Export Prices by Country

The average export price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, declining by -31.2% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Malta ($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 Slovenia (+24.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into Italy

In 2021, supplies from abroad of liquid or compressed air and distilled or conductivity water increased by 81% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +106.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid air and distilled water imports surged to $X in 2021. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of liquid air and distilled water to Italy, with a 37% share of total imports. Moreover, liquid air and distilled water imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+16.9% per year) and France (+7.6% per year).

In value terms, Germany ($X) constituted the largest supplier of liquid or compressed air and distilled or conductivity water to Italy, comprising 35% of total imports. The second position in the ranking was taken by Russia ($X), with a 9% share of total imports. It was followed by France, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+9.8% per year) and France (+12.8% per year).

Import Prices by Country

In 2021, the average import price for liquid or compressed air and distilled or conductivity water amounted to $X per ton, falling by -25.3% against the previous year. Overall, the import price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia ($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 (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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