Italy: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Italy

In 2021, the Italian metal pickling preparations market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Pickling Preparations Production in Italy

In value terms, metal pickling preparations production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Metal Pickling Preparations Exports

Exports from Italy

In 2021, approx. X tons of pickling preparations for metal surfaces were exported from Italy; with a decrease of -4.3% against the year before. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 15%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal pickling preparations exports skyrocketed to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for metal pickling preparations exports from Italy, with a 27% share of total exports. Moreover, metal pickling preparations exports to Turkey exceeded the volume sent to the second major destination, Greece (X tons), threefold. Spain (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+12.1% per year) and Spain (-12.1% per year).

In value terms, Turkey ($X), Tunisia ($X) and Germany ($X) were the largest markets for metal pickling preparations exported from Italy worldwide, together comprising 32% of total exports. France, China, Spain, the United States, Greece, Mexico, Russia, Poland, Romania and Saudi Arabia lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, China, with a CAGR of +24.8%, 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

In 2021, the average metal pickling preparations export price amounted to $X per ton, jumping by 25% against the previous year. Over the last nine years, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Tunisia ($X per ton), while the average price for exports to Greece ($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 Germany (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Italy

In 2021, overseas purchases of pickling preparations for metal surfaces decreased by -12.5% to X tons, falling for the second year in a row after three years of growth. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, metal pickling preparations imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main suppliers of metal pickling preparations imports to Italy, together accounting for 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +55.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of pickling preparations for metal surfaces to Italy, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Poland, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +24.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.9% per year) and Poland (+55.4% per year).

Import Prices by Country

The average metal pickling preparations import price stood at $X per ton in 2021, picking up by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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