Italy - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Nitrate Price in Italy - 2023
Contents:
- Sodium Nitrate Price in Italy (CIF) - 2022
- Sodium Nitrate Price in Italy (FOB) - 2022
- Sodium Nitrate Imports in Italy
- Sodium Nitrate Exports in Italy
Sodium Nitrate Price in Italy (CIF) - 2022
The average sodium nitrate import price stood at $2,855 per ton in 2022, picking up by 80% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 98% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 Spain ($8,804 per ton), while the price for Belgium ($689 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Nitrate Price in Italy (FOB) - 2022
In 2022, the average sodium nitrate export price amounted to $1,061 per ton, waning by -1.9% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium nitrate export price decreased by -22.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 106%. As a result, the export price reached the peak level of $1,549 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($3,123 per ton), while the average price for exports to Bulgaria ($995 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 Switzerland (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Nitrate Imports in Italy
In 2022, approx. 1.6K tons of sodium nitrate were imported into Italy; surging by 20% on 2021. In general, imports saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 81%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium nitrate imports skyrocketed to $4.5M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 157%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Sodium Nitrate in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,093 | 33.0 | 626 | 2,480 | 31.4% |
Germany | 308 | 229 | 518 | 704 | 31.7% |
Czech Republic | 157 | N/A | 184 | 690 | 63.8% |
France | 356 | 314 | 485 | 504 | 12.3% |
Poland | N/A | N/A | 17.4 | 42.1 | 142.0% |
Belgium | 25.6 | 56.0 | 131 | 25.5 | -0.1% |
Netherlands | 73.7 | 133 | 74.0 | 21.8 | -33.4% |
Others | 24.8 | 36.3 | 27.6 | 6.3 | -36.7% |
Total | 2,038 | 801 | 2,062 | 4,474 | 30.0% |
Top Suppliers of Sodium Nitrate to Italy in 2022:
- Czech Republic (522.3 tons)
- Germany (369.6 tons)
- France (305.3 tons)
- Spain (281.7 tons)
- Poland (41.3 tons)
- Belgium (37.0 tons)
- Netherlands (5.8 tons)
Sodium Nitrate Exports in Italy
For the fourth consecutive year, Italy recorded growth in shipments abroad of sodium nitrate, which increased by 105% to 236 tons in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 667% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, sodium nitrate exports skyrocketed to $251K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 805% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Sodium Nitrate in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | 59.2 | 19.6 | 175 | 71.9% |
Bulgaria | N/A | 1.0 | 29.6 | 44.7 | 568.6% |
Argentina | 1.6 | 1.8 | N/A | 19.3 | 129.3% |
Croatia | 6.6 | 5.6 | N/A | 9.4 | 12.5% |
China | N/A | N/A | 54.6 | N/A | 0% |
Austria | N/A | 13.0 | 13.3 | N/A | 2.3% |
Others | 1.1 | 3.2 | 7.9 | 2.8 | 36.5% |
Total | 9.3 | 83.8 | 125 | 251 | 200.0% |
Top Export Markets for Sodium Nitrate from Italy in 2022:
- Poland (173.9 tons)
- Bulgaria (44.9 tons)
- Argentina (12.0 tons)
- Croatia (4.8 tons)
This report provides an in-depth analysis of the sodium nitrate 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 2030.
Product coverage:
- FCL 4005 - Sodium nitrate
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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