Italy: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Italy

The Italian fluorescent brightening agents market soared to $X in 2022, surging by 19% against the previous year. In general, consumption, however, showed mild growth. Fluorescent brightening agents consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fluorescent Brightening Agents Production in Italy

In value terms, fluorescent brightening agents production rose notably to $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -20.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 102%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Fluorescent Brightening Agents Exports

Exports from Italy

Fluorescent brightening agents exports from Italy declined to X tons in 2022, waning by -14.7% on 2021. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 23%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fluorescent brightening agents exports rose notably to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 20%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), Germany (X tons) and Poland (X tons) were the main destinations of fluorescent brightening agents exports from Italy, with a combined 60% share of total exports. France, Belgium, the Czech Republic, Slovenia, Spain, Switzerland, the UK, Sweden, the United States and Finland lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +8.2%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and France ($X) constituted the largest markets for fluorescent brightening agents exported from Italy worldwide, with a combined 53% share of total exports. Poland, Spain, Belgium, the UK, the Czech Republic, Switzerland, Slovenia, Sweden, the United States and Finland lagged somewhat behind, together accounting for a further 33%.

Switzerland, with a CAGR of +11.8%, saw the highest growth rate of the value of exports, in terms of 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 2022, the average fluorescent brightening agents export price amounted to $X per ton, jumping by 30% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Finland ($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 United States (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into Italy

In 2022, fluorescent brightening agents imports into Italy declined significantly to X tons, with a decrease of -30.6% against the previous year's figure. Over the period under review, imports, however, posted pronounced growth. The growth pace was the most rapid in 2015 when imports increased by 60% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, fluorescent brightening agents imports fell to $X in 2022. In general, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.6% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 46%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of fluorescent brightening agents imports to Italy, together accounting for 77% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fluorescent brightening agents suppliers to Italy were Spain ($X), China ($X) and Germany ($X), together comprising 66% of total imports. The Netherlands and India lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, the Netherlands, with a CAGR of +18.6%, 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

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, increasing by 34% against the previous year. Overall, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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