Italy: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in Italy

In 2022, the Italian uncoated filter paper market increased by 123% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, recorded a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Uncoated Filter Paper Production in Italy

In value terms, uncoated filter paper production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a deep slump. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Uncoated Filter Paper Exports

Exports from Italy

After four years of growth, shipments abroad of uncoated filter paper and paperboard decreased by -5.9% to X tons in 2022. Over the period under review, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2015 when exports increased by 63% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, uncoated filter paper exports fell to $X in 2022. Overall, exports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X tons) was the main destination for uncoated filter paper exports from Italy, accounting for a 30% share of total exports. Moreover, uncoated filter paper exports to Bulgaria exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+43.8% per year) and Poland (+34.8% per year).

In value terms, the largest markets for uncoated filter paper exported from Italy were Bulgaria ($X), Estonia ($X) and the United States ($X), together comprising 45% of total exports.

Among the main countries of destination, Estonia, with a CAGR of +55.5%, 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 uncoated filter paper export price stood at $X per ton in 2022, waning by -6.8% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 an increase of 61%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 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 Estonia ($X per ton), while the average price for exports to Egypt ($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 Turkey (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Filter Paper Imports

Imports into Italy

In 2022, supplies from abroad of uncoated filter paper and paperboard increased by 0.8% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, uncoated filter paper imports reached $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), the United States (X tons) and the UK (X tons) were the main suppliers of uncoated filter paper imports to Italy, with a combined 54% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +29.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest uncoated filter paper suppliers to Italy were Spain ($X), the United States ($X) and the UK ($X), together comprising 57% of total imports.

The UK, with a CAGR of +23.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average uncoated filter paper import price stood at $X per ton in 2022, growing by 5.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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