Italy: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Italy

In 2022, the Italian market for organo-sulphur compounds and other organo-inorganic compounds was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Italy

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. Production of peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Italy

In 2022, the amount of organo-sulphur compounds and other organo-inorganic compounds exported from Italy reduced slightly to X tons, waning by -3.3% against 2021 figures. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds amounted to $X in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for exports of organo-sulphur compounds and other organo-inorganic compounds from Italy, with a 21% share of total exports. Moreover, exports of organo-sulphur compounds and other organo-inorganic compounds to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by France (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-2.8% per year) and France (+8.5% per year).

In value terms, Germany ($X), the Netherlands ($X) and the United States ($X) were the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from Italy worldwide, together accounting for 40% of total exports. France, China, Spain, Switzerland, Poland, Belgium, Brazil, Japan, Malaysia and Austria lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Poland, with a CAGR of +14.5%, recorded 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

In 2022, the average export price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, increasing by 18% against the previous year. In general, the export price, however, showed a noticeable downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($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 Austria (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Italy

In 2022, purchases abroad of organo-sulphur compounds and other organo-inorganic compounds increased by 16% to X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds surged to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +73.3% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of organo-sulphur compounds and other organo-inorganic compounds to Italy, with a combined 55% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Italy were China ($X), Germany ($X) and the Netherlands ($X), with a combined 56% share of total imports.

China, with a CAGR of +11.3%, recorded the highest growth rate of the value of imports, among the main suppliers 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 import price for organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, jumping by 19% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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