Italy: Metallised Yarn Market 2024

Metallised Yarn Market Size in Italy

The Italian metallised yarn market was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption posted a strong expansion. Metallised yarn consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Metallised Yarn Production in Italy

In value terms, metallised yarn production soared to $X in 2021 estimated in export price. Overall, production recorded significant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 606%. Metallised yarn production peaked in 2021 and is likely to see steady growth in the near future.

Metallised Yarn Exports

Exports from Italy

After two years of decline, shipments abroad of metallised yarn and strip increased by 15% to X tons in 2021. Overall, exports, however, continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, metallised yarn exports soared to $X in 2021. Over the period under review, exports, however, faced a abrupt downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for metallised yarn exports from Italy, with a 28% share of total exports. Moreover, metallised yarn exports to Spain exceeded the volume sent to the second major destination, France (X tons), fivefold. Romania (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-20.0% per year) and Romania (+21.9% per year).

In value terms, the largest markets for metallised yarn exported from Italy were the United States ($X), Spain ($X) and France ($X), together accounting for 29% of total exports. The UK, Romania, China, Turkey, Australia, Austria, Portugal, Brazil, Poland and Singapore lagged somewhat behind, together comprising a further 34%.

Among the main countries of destination, Australia, with a CAGR of +41.7%, recorded the highest growth rate of 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 metallised yarn export price stood at $X per ton in 2021, rising by 89% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 France (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metallised Yarn Imports

Imports into Italy

Metallised yarn imports into Italy rose slightly to X tons in 2021, increasing by 3.4% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 55% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, metallised yarn imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a perceptible decline. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of metallised yarn to Italy, with a 67% share of total imports. Moreover, metallised yarn imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by France (X tons), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.0% per year) and France (-4.7% per year).

In value terms, the largest metallised yarn suppliers to Italy were Turkey ($X), France ($X) and Japan ($X), with a combined 74% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +17.9%, 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 mixed trend patterns.

Import Prices by Country

The average metallised yarn import price stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the import price, however, saw a slight downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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