Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (FOB) - 2023
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (CIF) - 2023
  3. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy
  4. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (FOB) - 2023

In October 2023, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $7,557 per ton, picking up by 11% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in February 2023 an increase of 13% m-o-m. Over the period under review, the average export prices reached the peak figure in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($45,523 per ton), while the average price for exports to Thailand ($2,377 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,265 per ton in October 2023, falling by -22.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 114% against the previous month. As a result, import price reached the peak level of $8,506 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($49,591 per ton), while the price for Albania ($1,084 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy

In 2022, approx. 15K tons of felt; whether or not impregnated, coated, covered or laminateds were exported from Italy; waning by -8.2% on 2021. In general, exports saw a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of 17K tons, and then declined in the following year.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds dropped slightly to $95M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $99M, and then contracted slightly in the following year.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.711.816.115.41.6%
Poland9.07.39.19.62.2%
Germany10.26.712.38.7-5.2%
Spain9.67.810.08.7-3.2%
Turkey5.55.04.55.71.2%
Romania3.33.03.43.73.9%
Portugal3.32.84.63.30.0%
Austria2.12.23.23.113.9%
United Kingdom2.91.42.62.8-1.2%
United States2.41.71.82.62.7%
Switzerland2.12.12.52.33.1%
Croatia2.11.83.12.10.0%
South Korea1.61.61.92.19.5%
Others22.019.724.324.53.7%
Total90.775.099.494.71.4%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Italy in 2022:

  1. France (3.2K tons)
  2. Spain (1.5K tons)
  3. Poland (1.4K tons)
  4. Turkey (1.0K tons)
  5. Austria (0.8K tons)
  6. Germany (0.8K tons)
  7. Switzerland (0.7K tons)
  8. Portugal (0.5K tons)
  9. United States (0.4K tons)
  10. Romania (0.4K tons)
  11. United Kingdom (0.4K tons)
  12. Croatia (0.3K tons)
  13. South Korea (0.3K tons)

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy

In 2022, approx. 5.7K tons of felt; whether or not impregnated, coated, covered or laminateds were imported into Italy; picking up by 16% compared with the previous year. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds expanded sharply to $27M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.66.28.410.09.6%
China3.74.55.76.420.0%
France1.61.92.72.820.5%
Spain1.11.11.21.817.8%
Austria0.40.40.70.826.0%
Romania0.40.40.30.614.5%
Belgium0.70.80.10.2-34.1%
AlbaniaN/AN/AN/A0.10%
Others5.54.94.74.2-8.6%
Total20.820.124.027.09.1%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Italy in 2022:

  1. Germany (2172.0 tons)
  2. China (1783.3 tons)
  3. France (450.5 tons)
  4. Spain (396.0 tons)
  5. Albania (139.5 tons)
  6. Romania (122.7 tons)
  7. Austria (113.7 tons)
  8. Belgium (34.0 tons)

Source: IndexBox Market Intelligence Platform

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