Italy: Photographic Paper Market 2024

Photographic Paper Market Size in Italy

The Italian photographic paper market declined to $X in 2021, waning by -8.5% 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 deep downturn. Photographic paper consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Paper Exports

Exports from Italy

In 2021, photographic paper exports from Italy skyrocketed to X square meters, with an increase of 53% on 2020. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, photographic paper exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a noticeable descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X square meters), Romania (X square meters) and Greece (X square meters) were the main destinations of photographic paper exports from Italy, with a combined 64% share of total exports. These countries were followed by Bulgaria, Spain, Slovenia, Hungary, Finland, Croatia, France, the Netherlands, Morocco and the UK, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +88.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for photographic paper, paperboard and textiles exports from Italy, comprising 34% of total exports. The second position in the ranking was taken by Romania ($X), with an 11% share of total exports. It was followed by Greece, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+12.3% per year) and Greece (-3.8% per year).

Export Prices by Country

In 2021, the average photographic paper export price amounted to $X per square meter, surging by 5.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Romania ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Paper Imports

Imports into Italy

Photographic paper imports into Italy amounted to X square meters in 2021, with an increase of 6.2% on 2020. Overall, imports, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic paper imports rose markedly to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 14% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest photographic paper supplier to Italy, accounting for a 87% share of total imports. Moreover, photographic paper imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X square meters), more than tenfold. The third position in this ranking was held by China (X square meters), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.1% per year) and China (+16.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of photographic paper, paperboard and textiles to Italy, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with a 4.4% share of total imports. It was followed by Belgium, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.9% per year) and Belgium (-3.8% per year).

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, leveling off at the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 43%. As a result, import price reached the peak level of $X per square meter. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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