Italy: Odoriferous Substance Mixture Market Overview 2020

Odoriferous Substance Mixture Market Size in Italy

The revenue of the odoriferous substance mixture market in Italy amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated mild growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, odoriferous substance mixture consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. In that year, the odoriferous substance mixture market attained its peak level and is likely to continue its growth in the immediate term.

Odoriferous Substance Mixture Production in Italy

In value terms, odoriferous substance mixture production amounted to $X in 2018 estimated in export prices. In general, odoriferous substance mixture production continues to indicate a significant setback. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, odoriferous substance mixture production reached its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Odoriferous Substance Mixture Exports

Exports from Italy

Odoriferous substance mixture exports from Italy totaled X tonnes in 2018, leveling off at the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, odoriferous substance mixture exports totaled $X in 2018. In general, the total exports indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, odoriferous substance mixture exports increased by +X% against 2014 indices. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, odoriferous substance mixture exports attained their maximum in 2018 and are likely to see steady growth in the near future.

Exports by Country

Algeria (X tonnes), Germany (X tonnes) and France (X tonnes) were the main destinations of odoriferous substance mixture exports from Italy, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Algeria, while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) appeared to be the largest markets for odoriferous substance mixture exported from Italy worldwide, with a combined X% share of total exports. These countries were followed by Spain, Canada, Poland, Ireland, Lithuania, Algeria, India, the Czech Republic and Austria, which together accounted for a further X the main countries of destination, Algeria experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average odoriferous substance mixture export price amounted to $X per tonne, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices for mixtures of odoriferous substances and their preparations reached their maximum in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Canada ($X per tonne), while the average price for exports to Algeria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Italy

In 2018, the amount of mixtures of odoriferous substances and their preparations imported into Italy amounted to X tonnes, jumping by X% against the previous year. In general, the total imports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, odoriferous substance mixture imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, odoriferous substance mixture imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, odoriferous substance mixture imports amounted to $X in 2018. Overall, odoriferous substance mixture imports continue to indicate a mild drop. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, France (X tonnes) constituted the largest odoriferous substance mixture supplier to Italy, with a X% share of total imports. Moreover, odoriferous substance mixture imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, France ($X), Ireland ($X) and Germany ($X) appeared to be the largest odoriferous substance mixture suppliers to Italy, together accounting for X% of total imports. The Netherlands, the UK, Spain and Hungary lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average odoriferous substance mixture import price amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the odoriferous substance mixture import price continues to indicate a drastic slump. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, the average import prices for mixtures of odoriferous substances and their preparations reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Ireland ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform