Price for Poly(Lactic Acid); in Primary Forms in Italy - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Italy (CIF) - 2023
- Price for Poly(Lactic Acid); in Primary Forms in Italy (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Italy
- Exports of Poly(Lactic Acid); in Primary Forms in Italy
Price for Poly(Lactic Acid); in Primary Forms in Italy (CIF) - 2023
The average import price for poly(lactic acid); in primary formses stood at $2,945 per ton in June 2023, shrinking by -5% against the previous month. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in November 2022 an increase of 6.3% m-o-m. As a result, import price attained the peak level of $3,599 per ton. From December 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($3,940 per ton) and Thailand ($3,031 per ton), while the price for China ($2,851 per ton) and the Netherlands ($2,906 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 the Netherlands (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Italy (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $2,616 per ton in 2022, declining by -2.8% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 30%. Over the period under review, the average export prices attained the peak figure at $4,547 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($4,670 per ton), while the average price for exports to Taiwan (Chinese) ($1,699 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 Taiwan (Chinese) (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Poly(Lactic Acid); in Primary Forms in Italy
Poly(lactic acid); in primary forms imports into Italy skyrocketed to 32K tons in 2022, picking up by 42% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports soared to $114M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 28.9 | 45.8 | 54.3 | 82.8 | 42.0% |
| China | 3.6 | 3.8 | 8.1 | 12.4 | 51.0% |
| Thailand | 3.8 | 9.0 | 5.2 | 9.0 | 33.3% |
| United States | 8.8 | 0.8 | N/A | 4.8 | -18.3% |
| Germany | 2.1 | 1.0 | 2.1 | 3.1 | 13.9% |
| Others | 1.6 | 0.9 | 1.8 | 2.3 | 12.9% |
| Total | 48.7 | 61.3 | 71.5 | 114 | 32.8% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Italy in 2022:
- Netherlands (23.6K tons)
- China (3.0K tons)
- Thailand (2.5K tons)
- United States (1.8K tons)
- Germany (0.6K tons)
Exports of Poly(Lactic Acid); in Primary Forms in Italy
In 2022, the amount of poly(lactic acid); in primary formses exported from Italy soared to 1.9K tons, with an increase of 35% on 2021. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports soared to $4.9M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Poly(Lactic Acid); in Primary Forms in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 216 | 1,431 | 1,521 | 1,796 | 102.6% |
| China | 1,543 | 1,245 | 184 | 1,066 | -11.6% |
| Spain | 44.3 | 139 | 525 | 620 | 141.0% |
| France | 18.7 | 188 | 406 | 479 | 194.8% |
| Taiwan (Chinese) | 320 | 5.9 | 230 | 271 | -5.4% |
| Switzerland | 51.6 | 108 | 64.5 | 81.8 | 16.6% |
| Denmark | 0.2 | 71.2 | 65.8 | 77.7 | 629.7% |
| Others | 673 | 478 | 757 | 520 | -8.2% |
| Total | 2,867 | 3,667 | 3,753 | 4,911 | 19.7% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Italy in 2022:
- Germany (769.5 tons)
- China (446.1 tons)
- Taiwan (Chinese) (159.6 tons)
- France (153.1 tons)
- Spain (132.7 tons)
- Denmark (43.9 tons)
- Switzerland (28.5 tons)
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