Italy: Aramids Staple Market 2024

Aramids Staple Market Size in Italy

The Italian aramids staple market declined to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Aramids Staple Exports

Exports from Italy

In 2022, shipments abroad of aramids staple increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, aramids staple exports dropped remarkably to $X in 2022. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted sharply in the following year.

Exports by Country

Romania (X tons) was the main destination for aramids staple exports from Italy, with a X% share of total exports. Moreover, aramids staple exports to Romania exceeded the volume sent to the second major destination, Germany (X tons), twofold. 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 Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

In value terms, France ($X) remains the key foreign market for aramids staple exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average aramids staple export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

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Aramids Staple Imports

Imports into Italy

In 2022, approx. X tons of aramids staple were imported into Italy; standing approx. at 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, aramids staple imports reduced to $X in 2022. Over the period under review, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Spain (X tons) were the main suppliers of aramids staple imports to Italy, together accounting for X% of total imports. South Korea, China, Taiwan (Chinese), France, Germany and Japan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of aramids staple to Italy, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average aramids staple import price amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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