Italy: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Italy

After two years of decline, the Italian oxygen-function amino-compound market increased by 22% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Oxygen-Function Amino-Compound Production in Italy

In value terms, oxygen-function amino-compound production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from Italy

Oxygen-function amino-compound exports from Italy skyrocketed to X tons in 2021, jumping by 23% compared with the previous year. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), Belgium (X tons) and France (X tons) were the main destinations of oxygen-function amino-compound exports from Italy, together accounting for 34% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +53.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Belgium ($X) and India ($X) appeared to be the largest markets for oxygen-function amino-compound exported from Italy worldwide, together comprising 44% of total exports.

Belgium, with a CAGR of +83.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average oxygen-function amino-compound export price amounted to $X per ton, growing by 6.4% against the previous year. Overall, the export price, however, recorded a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 17%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Austria ($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 Belgium (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Italy

In 2021, approx. X tons of oxygen-function amino-compounds were imported into Italy; picking up by 14% against 2020. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest oxygen-function amino-compound supplier to Italy, accounting for a 38% share of total imports. Moreover, oxygen-function amino-compound imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.2% per year) and the Netherlands (+3.9% per year).

In value terms, Germany ($X), China ($X) and the Netherlands ($X) constituted the largest oxygen-function amino-compound suppliers to Italy, together comprising 60% of total imports.

China, with a CAGR of +8.7%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average oxygen-function amino-compound import price amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 11%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, 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 Switzerland ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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