Price for Tents of Synthetic Fibres in Italy - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Italy (FOB) - 2022
2. Price for Tents of Synthetic Fibres in Italy (CIF) - 2022
3. Exports of Tents of Synthetic Fibres in Italy
4. Imports of Tents of Synthetic Fibres in Italy

Price for Tents of Synthetic Fibres in Italy (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $21,944 per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $22,047 per ton in 2021, and then dropped slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($27,742 per ton), while the average price for exports to Romania ($9,579 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 Germany (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Italy (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $9,181 per ton, shrinking by -4.2% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price increased by +57.8% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 12% against the previous year. As a result, import price attained the peak level of $9,582 per ton, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($27,425 per ton), while the price for China ($6,326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tents of Synthetic Fibres in Italy

After three years of growth, shipments abroad of tents of synthetic fibreses decreased by -34.4% to 1.7K tons in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 2.5K tons, and then reduced markedly in the following year.

In value terms, tents of synthetic fibres exports contracted rapidly to $36M in 2022. Overall, exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of $56M, and then reduced markedly in the following year.

Top Export Markets for Tents of Synthetic Fibres from Italy in 2022:

1. Germany (310.4 tons)
2. France (221.7 tons)
3. Spain (117.9 tons)
4. United States (116.1 tons)
5. Austria (112.9 tons)
6. Slovenia (98.2 tons)
7. Croatia (79.2 tons)
8. Switzerland (78.6 tons)
9. Czech Republic (46.1 tons)
10. Belgium (44.3 tons)
11. United Kingdom (37.5 tons)
12. Ireland (34.9 tons)
13. Romania (33.0 tons)

Imports of Tents of Synthetic Fibres in Italy

In 2022, the amount of tents of synthetic fibreses imported into Italy was estimated at 4.4K tons, remaining stable against the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +56.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, tents of synthetic fibres imports shrank slightly to $40M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +67.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, imports reached the peak of $42M, and then declined modestly in the following year.

Top Suppliers of Tents of Synthetic Fibres to Italy in 2022:

1. China (2727.0 tons)
2. France (617.0 tons)
3. Romania (284.0 tons)
4. Spain (272.8 tons)
5. Bangladesh (94.2 tons)
6. Belgium (90.0 tons)
7. Poland (76.2 tons)
8. Germany (50.0 tons)

Source: IndexBox Market Intelligence Platform