Price for Waste, Parings and Scrap, of Plastics in Italy - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Italy (FOB) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Italy (CIF) - 2023
- Exports of Waste, Parings and Scrap, of Plastics in Italy
- Imports of Waste, Parings and Scrap, of Plastics in Italy
Price for Waste, Parings and Scrap, of Plastics in Italy (FOB) - 2022
In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $574 per ton, with an increase of 21% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for waste, parings and scrap, of plasticses increased by +83.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($8,146 per ton), while the average price for exports to Switzerland ($112 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 China (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Waste, Parings and Scrap, of Plastics in Italy (CIF) - 2023
In October 2023, the average import price for waste, parings and scrap, of plasticses amounted to $755 per ton, rising by 42% against the previous month. In general, import price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for waste, parings and scrap, of plasticses increased by +81.8% against August 2023 indices. Over the period under review, average import prices reached the maximum at $789 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was India ($1,008 per ton), while the price for the Dominican Republic ($328 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 Hungary (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Waste, Parings and Scrap, of Plastics in Italy
In 2022, the amount of waste, parings and scrap, of plasticses exported from Italy soared to 254K tons, with an increase of 22% on the previous year's figure. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of waste, parings and scrap, of plasticses soared to $146M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Waste, Parings and Scrap, of Plastics in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.0 | 4.3 | 9.1 | 32.9 | 122.2% |
| Austria | 11.6 | 13.7 | 20.2 | 28.2 | 34.5% |
| Slovenia | 5.7 | 4.8 | 8.7 | 13.6 | 33.6% |
| France | 4.1 | 3.4 | 5.1 | 13.4 | 48.4% |
| Germany | 6.2 | 4.2 | 7.6 | 11.4 | 22.5% |
| Latvia | 4.8 | 2.0 | 6.2 | 7.6 | 16.6% |
| Turkey | 1.5 | 1.9 | 3.3 | 6.1 | 59.6% |
| Yemen | 3.9 | 3.6 | 1.4 | 5.9 | 14.8% |
| Saudi Arabia | 2.0 | 1.4 | 0.5 | 4.6 | 32.0% |
| Bulgaria | N/A | N/A | 1.0 | 1.5 | 50.0% |
| Romania | 4.4 | 1.4 | 2.0 | 1.3 | -33.4% |
| Switzerland | 0.2 | 0.5 | 0.5 | 0.6 | 44.2% |
| Malaysia | 2.6 | 3.9 | 0.3 | 0.1 | -66.2% |
| Others | 18.5 | 13.5 | 32.8 | 18.6 | 0.2% |
| Total | 68.5 | 58.5 | 98.6 | 146 | 28.7% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Italy in 2022:
- Austria (49.2K tons)
- Spain (48.4K tons)
- Slovenia (32.4K tons)
- Germany (21.1K tons)
- Turkey (18.3K tons)
- France (15.3K tons)
- Latvia (11.5K tons)
- Saudi Arabia (10.2K tons)
- Yemen (10.1K tons)
- Switzerland (5.1K tons)
- Bulgaria (4.5K tons)
- Romania (2.1K tons)
- Malaysia (0.2K tons)
Imports of Waste, Parings and Scrap, of Plastics in Italy
In 2022, approx. 179K tons of waste, parings and scrap, of plasticses were imported into Italy; surging by 11% on 2021 figures. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of waste, parings and scrap, of plasticses soared to $140M in 2022. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Waste, Parings and Scrap, of Plastics in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 27.2 | 24.9 | 31.0 | 40.2 | 13.9% |
| United Kingdom | 4.7 | 5.5 | 14.2 | 19.7 | 61.2% |
| Germany | 9.1 | 7.4 | 13.2 | 10.9 | 6.2% |
| Poland | 3.8 | 4.1 | 5.4 | 9.1 | 33.8% |
| Belgium | 2.6 | 3.1 | 4.3 | 8.0 | 45.4% |
| Spain | 3.8 | 2.5 | 3.6 | 5.3 | 11.7% |
| Netherlands | 5.1 | 2.7 | 7.7 | 4.6 | -3.4% |
| Croatia | 0.5 | 0.3 | 1.9 | 4.1 | 101.7% |
| Slovenia | 2.2 | 1.2 | 2.4 | 4.0 | 22.1% |
| Saudi Arabia | 1.9 | 0.6 | 1.9 | 3.5 | 22.6% |
| Austria | 6.4 | 4.5 | 3.6 | 3.3 | -19.8% |
| Czech Republic | 1.6 | 2.7 | 2.5 | 2.5 | 16.0% |
| Hungary | 1.4 | 0.2 | 0.5 | 1.0 | -10.6% |
| Others | 16.8 | 12.5 | 17.0 | 24.0 | 12.6% |
| Total | 87.0 | 72.2 | 109 | 140 | 17.2% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Italy in 2022:
- France (49.5K tons)
- United Kingdom (20.4K tons)
- Poland (14.5K tons)
- Germany (13.6K tons)
- Belgium (8.9K tons)
- Slovenia (8.6K tons)
- Spain (7.7K tons)
- Netherlands (5.9K tons)
- Croatia (5.8K tons)
- Austria (4.7K tons)
- Hungary (3.8K tons)
- Czech Republic (3.4K tons)
- Saudi Arabia (3.2K tons)
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