Italy: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Italy

The Italian barium or aluminium sulphates market declined slightly to $X in 2022, waning by -2% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Italy

In value terms, barium or aluminium sulphates production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Italy

In 2022, shipments abroad of sulphates of barium or aluminium decreased by -49.7% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of 170%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports declined rapidly to $X in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 129% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for barium or aluminium sulphates exports from Italy, with a 69% share of total exports. Moreover, barium or aluminium sulphates exports to France exceeded the volume sent to the second major destination, Ethiopia (X tons), sixfold. Albania (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+35.5% per year) and Albania (-11.3% per year).

In value terms, the largest markets for barium or aluminium sulphates exported from Italy were France ($X), Ethiopia ($X) and Albania ($X), together comprising 62% of total exports.

Among the main countries of destination, Ethiopia, with a CAGR of +36.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average barium or aluminium sulphates export price amounted to $X per ton, declining by -17% against the previous year. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to France ($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 Djibouti (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into Italy

In 2022, imports of sulphates of barium or aluminium into Italy dropped remarkably to X tons, with a decrease of -25.8% compared with 2021 figures. Overall, imports showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, barium or aluminium sulphates imports declined remarkably to $X in 2022. In general, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest barium or aluminium sulphates supplier to Italy, with a 57% share of total imports. Moreover, barium or aluminium sulphates imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (-5.2% per year) and Germany (+0.9% per year).

In value terms, China ($X) constituted the largest supplier of sulphates of barium or aluminium to Italy, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Slovenia, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.6% per year) and Slovenia (-3.7% per year).

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2022, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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