Italy: Pyrites Market 2022

Pyrites Market Size in Italy

For the third consecutive year, the Italian pyrites market recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the market value increased by X%. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Pyrites Production in Italy

In value terms, pyrites production reduced slightly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Pyrites production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Pyrites Exports

Exports from Italy

In 2021, overseas shipments of pyrites increased by X% to X tonnes, rising for the fifth year in a row after three years of decline. Overall, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, pyrites exports soared to $X in 2021. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tonnes), Australia (X tonnes) and Spain (X tonnes) were the main destinations of pyrites exports from Italy, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in Australia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrites exported from Italy were Germany ($X), Singapore ($X) and Australia ($X), with a combined X% share of total exports.

Australia, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pyrites export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

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

Pyrites Imports

Imports into Italy

In 2021, supplies from abroad of pyrites increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Overall, imports saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, pyrites imports soared to $X in 2021. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tonnes) was the main pyrites supplier to Italy, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +X%.

In value terms, Russia ($X) constituted the largest supplier of pyrites to Italy.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +X%.

Import Prices by Country

The average pyrites import price stood at $X per tonne in 2021, almost unchanged from 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 2013 an increase of X%. The import price peaked at $X per tonne in 2020, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform