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Italy - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights
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Italy: Synthetic Rubber Market Overview 2021

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Synthetic Rubber Market Size in Italy

The Italian synthetic rubber market shrank to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption showed a pronounced contraction. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Synthetic Rubber Production in Italy

In value terms, synthetic rubber production fell to $X in 2019 estimated in export prices. In general, the total production indicated slight growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 when the production volume increased by X% y-o-y. Synthetic rubber production peaked at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.

Synthetic Rubber Exports

Exports from Italy

In 2019, shipments abroad of synthetic rubber decreased by -X% to X tonnes, falling for the third year in a row after three years of growth. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2011 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, synthetic rubber exports reduced to $X in 2019. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), Spain (X tonnes) and Turkey (X tonnes) were the main destinations of synthetic rubber exports from Italy, with a combined X% share of total exports. These countries were followed by the U.S., Poland, China, France, Malaysia, the Czech Republic, Belgium, South Africa, India and the UK, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic rubber exported from Italy were Germany ($X), Spain ($X) and the U.S. ($X), with a combined X% share of total exports. Turkey, France, Poland, China, the Czech Republic, India, Malaysia, the UK, Belgium and South Africa lagged somewhat behind, together accounting for a further X Africa saw the highest rates of growth with regard to the value of exports, among 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 2019, the average synthetic rubber export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price continues to indicate a slight setback. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was France ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Rubber Imports

Imports into Italy

After four years of growth, supplies from abroad of synthetic rubber decreased by -X% to X tonnes in 2019. In general, imports showed a mild decrease. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, synthetic rubber imports fell to $X in 2019. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main suppliers of synthetic rubber imports to Italy, with a combined X% share of total imports. These countries were followed by the Netherlands, South Korea, Japan, Spain, the UK, Russia, Taiwan (Chinese), Hungary, the U.S. and China, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest synthetic rubber suppliers to Italy, with a combined X% share of total imports. Japan, the Netherlands, South Korea, Spain, the U.S., the UK, Russia, Taiwan (Chinese), Hungary and China lagged somewhat behind, together comprising a further X terms of the main suppliers, South Korea recorded the highest rates of growth with regard to 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

The average synthetic rubber import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic rubber in the world?
+
China (6M tonnes) constituted the country with the largest volume of synthetic rubber consumption, comprising approx. 28% of total volume. Moreover, synthetic rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.8M tonnes), twofold. Japan (1.2M tonnes) ranked third in terms of total consumption with a 5.5% share.
What are the largest producers of synthetic rubber in the world?
+
The countries with the highest volumes of synthetic rubber production in 2019 were the U.S. (3.1M tonnes), Japan (1.8M tonnes) and China (1.8M tonnes), with a combined 32% share of global production. These countries were followed by South Korea, Russia, Thailand, Germany, Viet Nam, Indonesia, Mexico, France, Taiwan (Chinese) and Italy, which together accounted for a further 44%.
What are the leading suppliers of synthetic rubber to Italy?
+
In value terms, the largest synthetic rubber suppliers to Italy were Germany ($111M), Belgium ($104M) and France ($53M), together comprising 43% of total imports. Japan, the Netherlands, South Korea, Spain, the U.S., the UK, Russia, Taiwan (Chinese), Hungary and China lagged somewhat behind, together comprising a further 46%.
What are the leading importers of synthetic rubber from Italy?
+
In value terms, the largest markets for synthetic rubber exported from Italy were Germany ($63M), Spain ($48M) and the U.S. ($33M), together comprising 30% of total exports. These countries were followed by Turkey, France, Poland, China, the Czech Republic, India, Malaysia, the UK, Belgium and South Africa, which together accounted for a further 40%.
What is the average export price for synthetic rubber in Italy?
+
The average synthetic rubber export price stood at $1,977 per tonne in 2019, falling by -10.5% against the previous year.
What is the average import price for synthetic rubber in Italy?
+
In 2019, the average synthetic rubber import price amounted to $2,089 per tonne, reducing by -8.9% against the previous year.

Product coverage:
• Prodcom 20171050 - Synthetic latex rubber
• Prodcom 20171090 - Synthetic rubber (excluding latex)

This report provides an in-depth analysis of the synthetic rubber market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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