Italy: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Italy

The Italian enamels and glazes market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, showed a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Enamels And Glazes Production in Italy

In value terms, enamels and glazes production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Enamels And Glazes Exports

Exports from Italy

In 2021, shipments abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 14%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, enamels and glazes exports skyrocketed to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), China (X tons) and Germany (X tons) were the main destinations of enamels and glazes exports from Italy, together comprising 39% of total exports. Russia, Bulgaria, Saudi Arabia, the United States, Turkey, Serbia, France, Mexico, India and the Czech Republic lagged somewhat behind, together comprising 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 Bulgaria (with a CAGR of +46.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Russia ($X) constituted the largest markets for enamels and glazes exported from Italy worldwide, with a combined 36% share of total exports. Turkey, Germany, Bulgaria, Saudi Arabia, India, the Czech Republic, France, the United States, Serbia and Mexico lagged somewhat behind, together accounting for a further 40%.

In terms of the main countries of destination, Bulgaria, with a CAGR of +18.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average enamels and glazes export price stood at $X per ton in 2021, with an increase of 12% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Mexico ($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 France (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Italy

In 2021, after two years of decline, there was significant growth in purchases abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass, when their volume increased by 31% to X tons. Over the period under review, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 88%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, enamels and glazes imports skyrocketed to $X in 2021. Overall, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -25.0% against 2018 indices. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) was the main supplier of enamels and glazes to Italy, with a 96% share of total imports. It was followed by France (X tons), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +15.0%.

In value terms, Spain ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Italy, comprising 62% of total imports. The second position in the ranking was taken by France ($X), with a 3.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +2.5%.

Import Prices by Country

The average enamels and glazes import price stood at $X per ton in 2021, growing by 1.7% against the previous year. Overall, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 6.3% 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 stood at a somewhat lower figure.

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 France ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-2.2%).

Source: IndexBox Platform

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