Italy: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Italy

For the third year in a row, the Italian market for self-adhesive plastic tape in rolls of a width under 20cm recorded decline in sales value, which decreased by -14.4% to $X in 2022. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Italy

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm reduced to $X in 2022 estimated in export price. Overall, production showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by 28% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Italy

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm exported from Italy fell to X tons, with a decrease of -10.1% against the previous year's figure. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 30% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Italy, with a 28% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Spain (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.5% per year) and Spain (+6.4% per year).

In value terms, Germany ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Italy, comprising 29% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by Spain, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.6% per year) and Spain (+4.9% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($X per ton) and Germany ($X per ton), while the average price for exports to Australia ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Italy

In 2022, supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -2.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 60% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2021, and then fell slightly in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm expanded remarkably to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +51.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and France (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Italy, together accounting for 51% of total imports. The Netherlands, Serbia, Spain, India, Belgium, Taiwan (Chinese), the UK and Slovenia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +168.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Italy, comprising 29% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.5% per year) and the Netherlands (+9.9% per year).

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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