Italy: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Italy

The Italian trichloroethylene and tetrachloroethylene market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, continues to indicate a deep reduction. Trichloroethylene and tetrachloroethylene consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Italy

In 2021, after two years of decline, there was significant growth in overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene), when their volume increased by 51% to X tons. The total export volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2021. Over the period under review, exports, however, recorded a pronounced curtailment. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), France (X tons) and Greece (X tons) were the main destinations of trichloroethylene and tetrachloroethylene exports from Italy, with a combined 32% share of total exports. These countries were followed by Qatar, Portugal, Tunisia, Kuwait, Saudi Arabia, Romania, Serbia, Colombia, Poland and Azerbaijan, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of +27.6%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Greece ($X) were the largest markets for trichloroethylene and tetrachloroethylene exported from Italy worldwide, with a combined 32% share of total exports. These countries were followed by Qatar, Portugal, Tunisia, Kuwait, Romania, Azerbaijan, Saudi Arabia, Colombia, Serbia and Poland, which together accounted for a further 41%.

Colombia, with a CAGR of +57.2%, 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

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, surging by 21% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Saudi Arabia ($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 Colombia (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Italy

In 2021, supplies from abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of trichloroethylene and tetrachloroethylene to Italy, with a 57% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.4% per year) and the Czech Republic (-6.4% per year).

In value terms, France ($X), Germany ($X) and the UK ($X) appeared to be the largest trichloroethylene and tetrachloroethylene suppliers to Italy, with a combined 87% share of total imports.

Among the main suppliers, the UK, with a CAGR of +42.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, growing by 17% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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