Italy: Plastic Packaging Market 2024

Plastic Packaging Market Size in Italy

In 2022, the Italian plastic packaging market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption posted prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Packaging Production in Italy

In value terms, plastic packaging production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Packaging Exports

Exports from Italy

In 2022, shipments abroad of plastic packaging increased by X% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic packaging exports expanded to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and Spain (X tons) were the main destinations of plastic packaging exports from Italy, with a combined X% share of total exports. The UK, the Netherlands, Belgium, Poland, Switzerland, Austria, Denmark, the Czech Republic, Greece and Turkey lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for plastic packaging exported from Italy were France ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. The UK, the Netherlands, Belgium, Poland, Switzerland, Austria, Greece, Turkey, the Czech Republic and Denmark lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, 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

The average plastic packaging export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

Plastic Packaging Imports

Imports into Italy

In 2022, purchases abroad of plastic packaging increased by X% to X tons, rising for the second year in a row after four years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic packaging imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), France (X tons) and Switzerland (X tons) were the main suppliers of plastic packaging imports to Italy, with a combined X% share of total imports. China, Austria, Spain, the Netherlands, Israel, Turkey, Poland, Belgium, the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), China ($X) and France ($X) were the largest plastic packaging suppliers to Italy, with a combined X% share of total imports. Switzerland, Spain, the Netherlands, Poland, Belgium, Israel, the Czech Republic, Turkey, Austria and Slovenia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, 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

The average plastic packaging import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Austria ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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