Italy: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2024

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Italy

The Italian market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reduced markedly to $X in 2022, with a decrease of -18.6% against the previous year. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Italy

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine surged to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 97% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports from Italy

In 2022, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Italy declined significantly to X tons, which is down by -30.2% on the previous year's figure. Over the period under review, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine dropped dramatically to $X in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and Malaysia (X tons) were the main destinations of exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Italy, with a combined 63% share of total exports.

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

In value terms, Germany ($X) remains the key foreign market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exports from Italy, comprising 26% of total exports. The second position in the ranking was held by France ($X), with a 13% share of total exports. It was followed by the United States, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.7% per year) and the United States (-8.9% per year).

Export Prices by Country

In 2022, the average export price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, picking up by 10% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 12%. Over the period under review, the average export prices attained the maximum 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 the United States ($X per ton), while the average price for exports to France ($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 Switzerland (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports into Italy

In 2022, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine into Italy rose significantly to X tons, growing by 8.5% against the previous year. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 14%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine skyrocketed to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +66.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Italy, together comprising 86% of total imports. China, Malaysia, the Netherlands and India lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +96.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) were the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine suppliers to Italy, together comprising 73% of total imports. China, Malaysia, the Netherlands and India lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Malaysia, with a CAGR of +91.3%, saw 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 2022, the average import price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 20% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform