Italy - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropylene Glycol Price in Italy - 2023
Contents:
- Propylene Glycol Price in Italy (CIF) - 2023
- Propylene Glycol Price in Italy (FOB) - 2022
- Propylene Glycol Imports in Italy
- Propylene Glycol Exports in Italy
Propylene Glycol Price in Italy (CIF) - 2023
The average propylene glycol import price stood at $1,306 per ton in August 2023, shrinking by -10.5% against the previous month. Over the period under review, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in April 2023 when the average import price increased by 6.2% against the previous month. The import price peaked at $2,334 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($2,128 per ton), while the price for China ($1,097 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced a decline.
Propylene Glycol Price in Italy (FOB) - 2022
The average propylene glycol export price stood at $3,439 per ton in 2022, declining by -1.6% against the previous year. In general, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2021 an increase of 116% against the previous year. As a result, the export price reached the peak level of $3,496 per ton, and then dropped in the following year.
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 Algeria ($6,516 per ton), while the average price for exports to Slovenia ($2,884 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 Algeria (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Propylene Glycol Imports in Italy
Propylene glycol imports into Italy declined modestly to 58K tons in 2022, with a decrease of -3.8% compared with 2021 figures. In general, imports saw a mild decline. The smallest decline of -0.4% was in 2021.
In value terms, propylene glycol imports dropped to $149M in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 129%. As a result, imports attained the peak of $164M, and then contracted in the following year.
| Import of Propylene Glycol in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 16.5 | 16.6 | 40.4 | 40.7 | 35.1% |
| France | 15.0 | 16.2 | 39.3 | 34.2 | 31.6% |
| Germany | 27.4 | 20.2 | 52.8 | 33.3 | 6.7% |
| Belgium | 10.3 | 8.0 | 12.9 | 15.8 | 15.3% |
| Poland | N/A | N/A | 0.4 | 7.4 | 1750.0% |
| China | 1.4 | 1.4 | 1.3 | 6.8 | 69.4% |
| South Korea | 4.9 | 5.7 | 3.7 | 3.1 | -14.2% |
| Others | 2.7 | 3.3 | 13.0 | 8.3 | 45.4% |
| Total | 78.1 | 71.4 | 164 | 149 | 24.0% |
Top Suppliers of Propylene Glycol to Italy in 2022:
- Spain (15.7K tons)
- France (12.7K tons)
- Germany (12.5K tons)
- Belgium (8.0K tons)
- China (3.0K tons)
- Poland (2.7K tons)
- South Korea (1.4K tons)
Propylene Glycol Exports in Italy
In 2022, approx. 1.7K tons of propylene glycol (propane-1,2-diol) were exported from Italy; waning by -7.9% on 2021 figures. In general, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
In value terms, propylene glycol exports shrank to $6M in 2022. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 148%.
| Export of Propylene Glycol in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.5 | 12.1 | 166 | 1,214 | 213.2% |
| Slovenia | 587 | 734 | 1,557 | 1,076 | 22.4% |
| Spain | 596 | 432 | 641 | 892 | 14.4% |
| Croatia | 279 | 171 | 1,199 | 689 | 35.2% |
| Poland | 6,930 | 105 | 757 | 511 | -58.1% |
| Morocco | N/A | N/A | 48.1 | 281 | 484.2% |
| Algeria | 29.8 | 49.1 | 164 | 186 | 84.1% |
| Hungary | 21.3 | 38.1 | 88.1 | 86.3 | 59.4% |
| Others | 882 | 1,136 | 2,020 | 1,082 | 7.0% |
| Total | 9,365 | 2,677 | 6,639 | 6,018 | -13.7% |
Top Export Markets for Propylene Glycol from Italy in 2022:
- Germany (373.7 tons)
- Slovenia (373.1 tons)
- Spain (276.4 tons)
- Croatia (222.4 tons)
- Poland (152.5 tons)
- Morocco (73.5 tons)
- Algeria (28.5 tons)
- Hungary (27.2 tons)
This report provides an in-depth analysis of the propylene glycol market 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 20142320 - Propylene glycol (propane-1,2-diol)
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
-
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
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