Italy: Sulphonamides Market 2024

Sulphonamides Market Size in Italy

The Italian sulphonamides market soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a prominent expansion. Sulphonamides consumption peaked in 2022 and is likely to continue growth in years to come.

Sulphonamides Production in Italy

In value terms, sulphonamides production soared to $X in 2022 estimated in export price. Overall, production recorded 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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Sulphonamides Exports

Exports from Italy

In 2022, shipments abroad of sulphonamides increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphonamides exports shrank to $X in 2022. In general, exports posted a measured increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), the United States (X tons) and Germany (X tons) were the main destinations of sulphonamides exports from Italy, with a combined X% share of total exports. India, the UK, Spain, Slovenia, Poland, Sweden and Jordan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and India ($X) appeared to be the largest markets for sulphonamides exported from Italy worldwide, with a combined X% share of total exports. Germany, the UK, Spain, Slovenia, Sweden, Poland and Jordan lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average sulphonamides export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price, however, saw a buoyant increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Jordan ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphonamides Imports

Imports into Italy

In 2022, overseas purchases of sulphonamides increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports recorded a moderate expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphonamides imports reduced modestly to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Ireland (X tons) constituted the largest supplier of sulphonamides to Italy, with a X% share of total imports. Moreover, sulphonamides imports from Ireland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and India (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of sulphonamides to Italy, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average sulphonamides import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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