Italy: Quinones Market 2024

Quinones Market Size in Italy

In 2022, the Italian quinones market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Quinones Production in Italy

In value terms, quinones production soared to $X in 2022 estimated in export price. In general, production showed a strong increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Quinones Exports

Exports from Italy

In 2022, overseas shipments of quinones increased by X% to X tons, rising for the fifth consecutive year after three years of decline. In general, exports recorded noticeable growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, quinones exports reached $X in 2022. Over the period under review, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of quinones exports from Italy, with a combined X% share of total exports. Sweden, Poland, Belgium, the UK and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Germany ($X) and Spain ($X) were the largest markets for quinones exported from Italy worldwide, together comprising X% of total exports. France, Poland, Belgium, Sweden and the UK lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, recorded 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

The average quinones export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 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 Austria ($X per ton), while the average price for exports to France ($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 Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Quinones Imports

Imports into Italy

After two years of decline, purchases abroad of quinones increased by X% to X tons in 2022. Overall, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, quinones imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest quinones supplier to Italy, accounting for a X% share of total imports. Moreover, quinones imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

In value terms, China ($X), the Netherlands ($X) and Belgium ($X) were the largest quinones suppliers to Italy, with a combined X% share of total imports.

Among the main suppliers, the Netherlands, 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 mixed trend patterns.

Import Prices by Country

The average quinones import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quinones import price increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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