Italy - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Glycol Price in Italy - 2023
Contents:
- Ethylene Glycol Price in Italy (CIF) - 2023
- Ethylene Glycol Price in Italy (FOB) - 2023
- Ethylene Glycol Imports in Italy
- Ethylene Glycol Exports in Italy
Ethylene Glycol Price in Italy (CIF) - 2023
In June 2023, the average ethylene glycol import price amounted to $547 per ton, reducing by -6.6% against the previous month. In general, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in December 2022 when the average import price increased by 12% against the previous month. Over the period under review, average import prices attained the maximum at $784 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the United States ($547 per ton) and Saudi Arabia ($534 per ton), while the price for Germany ($483 per ton) and Belgium ($510 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.8%), while the prices for the other major suppliers experienced a decline.
Ethylene Glycol Price in Italy (FOB) - 2023
In June 2023, the average ethylene glycol export price amounted to $960 per ton, falling by -14.3% against the previous month. Over the period under review, the export price saw a slight decrease. The growth pace was the most rapid in January 2023 when the average export price increased by 93% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,340 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Albania ($14,798 per ton), while the average price for exports to Hungary ($595 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Glycol Imports in Italy
In 2022, approx. 119K tons of ethylene glycol (ethanediol) were imported into Italy; dropping by -13.9% compared with 2021. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 4.7% against the previous year.
In value terms, ethylene glycol imports contracted sharply to $88M in 2022. Over the period under review, imports recorded a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports attained the peak of $110M, and then dropped rapidly in the following year.
| Import of Ethylene Glycol in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.9 | 21.4 | 17.7 | 38.2 | 28.7% |
| Saudi Arabia | 59.6 | 34.7 | 51.4 | 20.0 | -30.5% |
| Germany | 2.4 | 2.9 | 6.6 | 11.0 | 66.1% |
| Belgium | 3.7 | 2.4 | 3.9 | 8.0 | 29.3% |
| Turkey | 5.0 | 1.2 | 7.5 | 5.8 | 5.1% |
| South Korea | N/A | N/A | N/A | 1.7 | 0% |
| France | 1.5 | 0.8 | 1.7 | 0.9 | -15.7% |
| Singapore | N/A | 2.4 | 10.3 | N/A | 329.2% |
| Others | 0.5 | 1.3 | 11.4 | 2.2 | 63.9% |
| Total | 90.8 | 67.0 | 110 | 87.8 | -1.1% |
Top Suppliers of Ethylene Glycol to Italy in 2022:
- United States (53.5K tons)
- Saudi Arabia (27.0K tons)
- Germany (13.7K tons)
- Belgium (12.3K tons)
- Turkey (7.0K tons)
- South Korea (2.1K tons)
- France (1.4K tons)
Ethylene Glycol Exports in Italy
After two years of decline, shipments abroad of ethylene glycol (ethanediol) increased by 2.4% to 4.7K tons in 2022. In general, exports, however, showed a dramatic descent.
In value terms, ethylene glycol exports reduced to $4.9M in 2022. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 8.4%.
| Export of Ethylene Glycol in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 610 | 377 | 780 | 943 | 15.6% |
| Slovenia | 1,209 | 702 | 752 | 933 | -8.3% |
| Albania | 1,026 | 377 | 565 | 639 | -14.6% |
| Congo | 5.6 | 107 | 617 | 449 | 331.2% |
| Poland | 78.3 | 55.7 | 1.8 | 361 | 66.4% |
| Austria | 428 | 550 | 376 | 256 | -15.7% |
| Spain | 694 | 1,269 | 272 | 226 | -31.2% |
| Hungary | 2,300 | 474 | 444 | 144 | -60.3% |
| Serbia | 413 | 397 | 314 | 93.6 | -39.0% |
| Turkey | 1,463 | 20.3 | 19.7 | 10.5 | -80.7% |
| Others | 1,174 | 590 | 1,187 | 819 | -11.3% |
| Total | 9,403 | 4,918 | 5,329 | 4,875 | -19.7% |
Top Export Markets for Ethylene Glycol from Italy in 2022:
- Croatia (1242.7 tons)
- Slovenia (1033.8 tons)
- Poland (416.9 tons)
- Austria (333.9 tons)
- Albania (281.1 tons)
- Congo (248.6 tons)
- Spain (242.7 tons)
- Hungary (173.5 tons)
- Serbia (97.4 tons)
- Turkey (2.9 tons)
This report provides an in-depth analysis of the ethylene glycol market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142310 - Ethylene glycol (ethanediol)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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