Italy - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMonocarboxylic Acid Price in Italy - 2023
Contents:
- Monocarboxylic Acid Price in Italy (CIF) - 2023
- Monocarboxylic Acid Price in Italy (FOB) - 2022
- Monocarboxylic Acid Imports in Italy
- Monocarboxylic Acid Exports in Italy
Monocarboxylic Acid Price in Italy (CIF) - 2023
In July 2023, the average monocarboxylic acid import price amounted to $2,422 per ton, picking up by 3.4% against the previous month. Overall, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in April 2023 an increase of 35% against the previous month. Over the period under review, average import prices attained the maximum at $3,518 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($7,023 per ton), while the price for the Czech Republic ($1,273 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.
Monocarboxylic Acid Price in Italy (FOB) - 2022
The average monocarboxylic acid export price stood at $7,797 per ton in 2022, remaining stable against the previous year. Overall, the export price recorded a pronounced decline. The pace of growth was the most pronounced in 2013 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices reached the maximum at $13,725 per ton in 2014; however, from 2015 to 2022, 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 the Netherlands ($85,272 per ton), while the average price for exports to Pakistan ($1,028 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 South Korea (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Monocarboxylic Acid Imports in Italy
In 2022, approx. 25K tons of acrylic acid and its salts and other monocarboxylic acid were imported into Italy; falling by -6.3% compared with the year before. Over the period under review, imports saw a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 38%.
In value terms, monocarboxylic acid imports rose notably to $82M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Monocarboxylic Acid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.9 | 12.3 | 22.2 | 23.3 | 18.8% |
| France | 6.3 | 5.5 | 13.2 | 17.5 | 40.6% |
| China | 9.8 | 12.1 | 12.3 | 13.9 | 12.4% |
| Belgium | 3.9 | 1.8 | 6.0 | 6.9 | 20.9% |
| Netherlands | 3.0 | 2.2 | 6.1 | 6.1 | 26.7% |
| Czech Republic | 4.8 | 3.1 | 5.7 | 5.4 | 4.0% |
| Indonesia | 22.0 | 0.1 | 0.3 | 0.2 | -79.1% |
| Others | 6.3 | 8.8 | 5.8 | 8.7 | 11.4% |
| Total | 70.2 | 45.8 | 71.6 | 82.1 | 5.4% |
Top Suppliers of Monocarboxylic Acid to Italy in 2022:
- Germany (8.8K tons)
- France (7.8K tons)
- Czech Republic (2.9K tons)
- China (2.0K tons)
- Netherlands (1.5K tons)
- Belgium (1.3K tons)
- Indonesia (0.1K tons)
Monocarboxylic Acid Exports in Italy
In 2022, overseas shipments of acrylic acid and its salts and other monocarboxylic acid decreased by -20.6% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 14%.
In value terms, monocarboxylic acid exports contracted rapidly to $12M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year.
| Export of Monocarboxylic Acid in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,848 | 4,709 | 4,806 | 3,752 | 26.6% |
| Netherlands | 1,970 | 1,832 | 2,854 | 2,289 | 5.1% |
| Germany | 1,373 | 1,506 | 2,155 | 1,316 | -1.4% |
| India | 417 | 910 | 655 | 884 | 28.5% |
| France | 954 | 684 | 538 | 723 | -8.8% |
| Pakistan | 230 | 6.9 | 218 | 504 | 29.9% |
| South Korea | 274 | 81.0 | 266 | 369 | 10.4% |
| Israel | 282 | 186 | 413 | 285 | 0.4% |
| Turkey | 890 | 1,351 | 524 | 234 | -35.9% |
| Switzerland | 154 | 123 | 229 | 154 | 0.0% |
| Greece | 188 | 189 | 201 | 113 | -15.6% |
| Others | 1,880 | 1,327 | 2,201 | 1,223 | -13.4% |
| Total | 10,462 | 12,904 | 15,061 | 11,847 | 4.2% |
Top Export Markets for Monocarboxylic Acid from Italy in 2022:
- Pakistan (490.7 tons)
- Germany (328.1 tons)
- Spain (222.3 tons)
- France (101.8 tons)
- South Korea (47.5 tons)
- Turkey (34.7 tons)
- India (31.7 tons)
- Israel (30.5 tons)
- Netherlands (26.8 tons)
- Switzerland (25.0 tons)
- Greece (22.9 tons)
This report provides an in-depth analysis of the monocarboxylic acid 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 20143310 - Acrylic acid and its salts and other monocarboxylic acid
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
-
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
-
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
-
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
348
This report provides an in-depth analysis of the monocarboxylic acid market in Italy.
315
This report provides an in-depth analysis of the benzoic acid market in Italy.
288
This report provides an in-depth analysis of the market for benzoyl peroxide and chloride in Italy.
299
This report provides an in-depth analysis of the acrylic acid esters market in Italy.
321
This report provides an in-depth analysis of the methacrylic acid esters market in Italy.
319
This report provides an in-depth analysis of the methacrylic acid market in Italy.
277
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in Italy.
306
This report provides an in-depth analysis of the phenylacetic acid market in Italy.
651
This report provides an in-depth analysis of the global monocarboxylic acid market.
1140
This report provides an in-depth analysis of the global benzoic acid market.
218
The import trend for Benzoic Acid remained relatively unchanged, while the value of imports increased to $3.1M in September 2023.
270
Imports of Acrylic Acid Esters reached a peak of 12K tons, but dramatically declined in the subsequent month. In terms of value, imports of acrylic acid esters dropped significantly to $12M in July 2023.
274
In March 2023, the methacrylic acid price stood at $2,550 per ton (CIF, Italy), dropping by -4.7% against the previous month.
940
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
894
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
218
The import trend for Benzoic Acid remained relatively unchanged, while the value of imports increased to $3.1M in September 2023.
270
Imports of Acrylic Acid Esters reached a peak of 12K tons, but dramatically declined in the subsequent month. In terms of value, imports of acrylic acid esters dropped significantly to $12M in July 2023.
274
In March 2023, the methacrylic acid price stood at $2,550 per ton (CIF, Italy), dropping by -4.7% against the previous month.
940
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
894
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
