Italy: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Italy

The Italian market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives dropped dramatically to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Italy

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from Italy

In 2022, overseas shipments of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives dropped markedly to $X in 2022. Over the period under review, exports, however, posted a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

Turkey (X tons) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Italy, accounting for a X% share of total exports. Moreover, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Turkey exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and France (X% per year).

In value terms, the largest markets for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exported from Italy were Switzerland ($X), Turkey ($X) and France ($X), with a combined X% share of total exports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Malta ($X 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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into Italy

In 2022, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives into Italy shrank sharply to X tons, waning by X% compared with 2021 figures. Over the period under review, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives fell significantly to $X in 2022. In general, imports, however, enjoyed tangible growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives supplier to Italy, accounting for a X% share of total imports. Moreover, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Italy, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Spain ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform