Italy: Waferboard Market 2024

Waferboard Market Size in Italy

After five years of decline, the Italian waferboard market increased by 4.9% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt descent. 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.

Waferboard Production in Italy

In value terms, waferboard production expanded to $X in 2021 estimated in export price. In general, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 20%. Waferboard production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Waferboard Exports

Exports from Italy

Waferboard exports from Italy expanded markedly to X cubic meters in 2021, picking up by 13% on the previous year. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 58%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, waferboard exports surged to $X in 2021. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 33% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X cubic meters) was the main destination for waferboard exports from Italy, with a 18% share of total exports. Moreover, waferboard exports to France exceeded the volume sent to the second major destination, the United States (X cubic meters), twofold. The third position in this ranking was taken by Germany (X cubic meters), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+76.9% per year) and Germany (+13.6% per year).

In value terms, France ($X) remains the key foreign market for waferboards exports from Italy, comprising 26% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total exports. It was followed by the United States, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+21.2% per year) and the United States (+54.8% per year).

Export Prices by Country

In 2021, the average waferboard export price amounted to $X per cubic meter, growing by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2014 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2021, the average 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 France ($X per cubic meter), while the average price for exports to Taiwan (Chinese) ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Waferboard Imports

Imports into Italy

In 2021, the amount of waferboards imported into Italy reached X cubic meters, picking up by 9.2% compared with 2020. The total import volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. Over the period under review, imports reached the maximum at X cubic meters in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, waferboard imports skyrocketed to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 58%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Austria (X cubic meters) constituted the largest waferboard supplier to Italy, with a 28% share of total imports. Moreover, waferboard imports from Austria exceeded the figures recorded by the second-largest supplier, Slovakia (X cubic meters), threefold. Romania (X cubic meters) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+30.3% per year) and Romania (-3.5% per year).

In value terms, Austria ($X) constituted the largest supplier of waferboards to Italy, comprising 32% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.2% per year) and France (+1.9% per year).

Import Prices by Country

In 2021, the average waferboard import price amounted to $X per cubic meter, rising by 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($X per cubic meter), while the price for Slovakia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :