Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (FOB) - 2023
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (CIF) - 2023
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (FOB) - 2023
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,146 per ton in November 2023, almost unchanged from the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 9% m-o-m. As a result, the export price reached the peak level of $3,462 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the UK ($4,249 per ton), while the average price for exports to Slovenia ($794 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (CIF) - 2023
In November 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,716 per ton, remaining stable against the previous month. Over the period under review, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in September 2023 an increase of 19% month-to-month. The import price peaked at $6,032 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,660 per ton), while the price for Sweden ($969 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy
For the fourth consecutive year, Italy recorded growth in overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins), which increased by 4.9% to 169K tons in 2022. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7.5% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) rose remarkably to $535M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 43.6 | 44.8 | 57.4 | 63.0 | 13.1% |
| Poland | 27.2 | 29.3 | 38.0 | 37.9 | 11.7% |
| France | 34.8 | 31.6 | 38.6 | 36.3 | 1.4% |
| Spain | 28.5 | 27.8 | 32.7 | 32.4 | 4.4% |
| China | 13.8 | 15.3 | 16.6 | 26.3 | 24.0% |
| Turkey | 13.6 | 15.1 | 19.0 | 21.5 | 16.5% |
| Slovenia | 6.0 | 12.1 | 18.7 | 19.6 | 48.4% |
| United Kingdom | 16.8 | 15.6 | 15.3 | 19.1 | 4.4% |
| Romania | 12.0 | 11.4 | 15.7 | 17.1 | 12.5% |
| Czech Republic | 12.6 | 12.0 | 13.5 | 12.8 | 0.5% |
| Switzerland | 12.8 | 12.9 | 9.3 | 11.3 | -4.1% |
| United Arab Emirates | 3.7 | 5.8 | 6.3 | 9.3 | 36.0% |
| Saudi Arabia | 6.2 | 6.8 | 7.4 | 9.0 | 13.2% |
| Others | 176 | 173 | 205 | 219 | 7.6% |
| Total | 408 | 413 | 494 | 535 | 9.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Italy in 2022:
- Slovenia (19.4K tons)
- Germany (18.0K tons)
- Poland (11.5K tons)
- Spain (9.6K tons)
- France (9.4K tons)
- China (5.7K tons)
- Turkey (5.3K tons)
- United Kingdom (4.7K tons)
- Czech Republic (4.6K tons)
- Romania (4.5K tons)
- Saudi Arabia (4.5K tons)
- Switzerland (3.8K tons)
- United Arab Emirates (3.7K tons)
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy
In 2022, after two years of decline, there was growth in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 2.5% to 42K tons. In general, imports, however, saw a pronounced curtailment.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded markedly to $191M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 73.4 | 64.3 | 86.5 | 99.9 | 10.8% |
| France | 45.9 | 34.5 | 24.6 | 31.5 | -11.8% |
| Belgium | 8.6 | 10.3 | 13.1 | 11.3 | 9.5% |
| Switzerland | 4.9 | 6.3 | 8.9 | 9.5 | 24.7% |
| United States | 8.6 | 9.7 | 7.6 | 5.9 | -11.8% |
| Sweden | 2.4 | 2.5 | 2.3 | 5.3 | 30.2% |
| Netherlands | 6.8 | 5.6 | 5.8 | 5.0 | -9.7% |
| Hungary | 3.2 | 3.3 | 4.2 | 4.5 | 12.0% |
| United Kingdom | 6.6 | 9.5 | 4.4 | 4.2 | -14.0% |
| Portugal | 1.6 | 1.2 | 1.1 | 2.1 | 9.5% |
| Others | 10.1 | 9.8 | 12.1 | 11.7 | 5.0% |
| Total | 172 | 157 | 171 | 191 | 3.6% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Italy in 2022:
- Germany (18.6K tons)
- France (7.7K tons)
- Sweden (3.3K tons)
- Switzerland (2.5K tons)
- Belgium (2.5K tons)
- Hungary (1.3K tons)
- Netherlands (1.1K tons)
- Portugal (1.0K tons)
- United Kingdom (0.6K tons)
- United States (0.5K tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Italy.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
