Italy - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nitric and Sulphonitric Acids in Italy - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Italy (CIF) - 2022
- Price for Nitric and Sulphonitric Acids in Italy (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Italy
- Exports of Nitric and Sulphonitric Acids in Italy
Price for Nitric and Sulphonitric Acids in Italy (CIF) - 2022
In 2021, the average nitric and sulphonitric acids import price amounted to $451 per ton, growing by 13% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nitric and sulphonitric acids import price increased by +61.7% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 30%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,529 per ton), while the price for Austria ($242 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nitric and Sulphonitric Acids in Italy (FOB) - 2022
The average nitric and sulphonitric acids export price stood at $486 per ton in 2021, with an increase of 62% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The growth pace was the most rapid in 2018 an increase of 247%. As a result, the export price reached the peak level of $1,234 per ton. From 2019 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 Spain ($2,246 per ton), while the average price for exports to Germany ($241 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nitric and Sulphonitric Acids in Italy
In 2022, approx. 12K tons of nitric acid and sulphonitric acids were imported into Italy; reducing by -6.4% compared with the year before. In general, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 13K tons, and then shrank in the following year.
In value terms, nitric and sulphonitric acids imports dropped to $5.2M in 2022. The total import value increased at an average annual rate of +9.0% 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 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $5.9M, and then fell in the following year.
Import of Nitric and Sulphonitric Acids in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Germany | 647 | 641 | 2,192 | 84.1% | |
Belgium | 1,217 | 1,292 | 1,506 | 11.2% | |
France | 2,068 | 2,511 | 1,201 | -23.8% | |
Poland | 8.8 | 32.7 | 501 | 654.5% | |
Austria | N/A | 0.2 | 121 | 60400.0% | |
Others | 72.6 | 66.8 | 340 | 116.4% | |
Total | 4,013 | 4,543 | 5,861 | 20.9% |
Top Suppliers of Nitric and Sulphonitric Acids to Italy in 2022:
- Germany (7.1K tons)
- Belgium (3.2K tons)
- France (1.5K tons)
- Austria (0.5K tons)
- Poland (0.3K tons)
Exports of Nitric and Sulphonitric Acids in Italy
In 2022, the amount of nitric acid and sulphonitric acids exported from Italy rose to 2.4K tons, surging by 2% against 2021 figures. The total export volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38%. As a result, the exports attained the peak of 2.4K tons; afterwards, it flattened through to 2022.
In value terms, nitric and sulphonitric acids exports plummeted to $923K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $1.1M, and then fell notably in the following year.
Export of Nitric and Sulphonitric Acids in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Switzerland | 277 | 361 | 523 | 37.4% | |
Spain | N/A | 25.1 | 202 | 704.8% | |
Belgium | 43.4 | 37.7 | 82.6 | 38.0% | |
France | 26.9 | 19.6 | 80.5 | 73.0% | |
Romania | 86.2 | 85.8 | 57.4 | -18.4% | |
Germany | 67.3 | 101 | 35.6 | -27.3% | |
Slovakia | 16.0 | 26.7 | 25.5 | 26.2% | |
Greece | 14.5 | 11.6 | 25.0 | 31.3% | |
Others | 58.1 | 53.5 | 92.0 | 25.8% | |
Total | 589 | 722 | 1,123 | 38.1% |
Top Export Markets for Nitric and Sulphonitric Acids from Italy in 2022:
- Switzerland (1457.0 tons)
- Belgium (193.7 tons)
- Germany (147.8 tons)
- Spain (89.8 tons)
- France (82.4 tons)
- Romania (64.8 tons)
- Slovakia (62.6 tons)
- Greece (61.0 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Italy.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Italy.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...