Italy: Particle Board Market 2022

Particle Board Market Size in Italy

The Italian particle board market reduced to $X in 2021, shrinking by -X% against the previous year. In general, consumption showed a perceptible curtailment. Particle board consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Particle Board Production in Italy

In value terms, particle board production declined markedly to $X in 2021 estimated in export prices. Over the period under review, production showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Particle board production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Particle Board Exports

Exports from Italy

Particle board exports from Italy soared to X cubic meters in 2021, rising by X% against 2020. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, particle board exports surged to $X in 2021. Over the period under review, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X cubic meters) was the main destination for particle board exports from Italy, with a X% share of total exports. Moreover, particle board exports to France exceeded the volume sent to the second major destination, the United States (X cubic meters), twofold. The third position in this ranking was occupied by Germany (X cubic meters), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Germany (+X% per year).

In value terms, France ($X) remains the key foreign market for particle board exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the United States (+X% per year).

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. As a result, the export price reached the peak level of $X per cubic meter. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Egypt ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Italy

In 2021, overseas purchases of particle boards were finally on the rise to reach X cubic meters for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, particle board imports soared to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X cubic meters), Romania (X cubic meters) and France (X cubic meters) were the main suppliers of particle board imports to Italy, with a combined X% share of total imports. Hungary, Slovakia, Germany, Bulgaria and Turkey lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest particle board suppliers to Italy were Austria ($X), Romania ($X) and France ($X), with a combined X% share of total imports. Hungary, Germany, Bulgaria, Slovakia and Turkey lagged somewhat behind, together accounting for a further X the main suppliers, Turkey, with a CAGR of +X%, saw 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 2021, the average particle board import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per cubic meter), while the price for Slovakia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform