Italy: Polyethylene Glycol Wax Market 2024

Polyethylene Glycol Wax Market Size in Italy

The Italian polyethylene glycol wax market soared to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Polyethylene Glycol Wax Production in Italy

In value terms, polyethylene glycol wax production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Polyethylene glycol wax production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Polyethylene Glycol Wax Exports

Exports from Italy

In 2022, shipments abroad of artificial and prepared waxes of polyethylene glycol was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, polyethylene glycol wax exports skyrocketed to $X in 2022. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Algeria (X tons) was the main destination for polyethylene glycol wax exports from Italy, accounting for a X% share of total exports. Moreover, polyethylene glycol wax exports to Algeria exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Algeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Algeria ($X) emerged as the key foreign market for artificial and prepared waxes of polyethylene glycol exports from Italy, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Algeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average polyethylene glycol wax export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Polyethylene Glycol Wax Imports

Imports into Italy

In 2022, supplies from abroad of artificial and prepared waxes of polyethylene glycol increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol wax imports surged to $X in 2022. Overall, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of polyethylene glycol wax imports to Italy, with a combined X% share of total imports. South Korea, the Netherlands, Russia and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene glycol wax suppliers to Italy were Belgium ($X), Germany ($X) and France ($X), together accounting for X% of total imports. South Korea, the Netherlands, Russia and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polyethylene glycol wax import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a slight downturn. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :