Italy: Market for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) 2024

Market Size for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) in Italy

The Italian diols and polyhydric alcohols market declined to $X in 2023, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a perceptible expansion. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Exports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Exports from Italy

For the fourth year in a row, Italy recorded decline in shipments abroad of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol), which decreased by X% to X tons in 2023. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, diols and polyhydric alcohols exports declined to $X in 2023. Overall, total exports indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2022, and then contracted in the following year.

Exports by Country

The United States (X tons), Germany (X tons) and Spain (X tons) were the main destinations of diols and polyhydric alcohols exports from Italy, together comprising X% of total exports. France, the Netherlands, India, Poland, Turkey, Sweden, Israel, the UK, Denmark and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diols and polyhydric alcohols exported from Italy were the United States ($X), Germany ($X) and France ($X), together comprising X% of total exports. The Netherlands, Spain, India, Poland, Turkey, Denmark, Mexico, the UK, Israel and Sweden lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, saw the highest rates of growth with regard to 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 diols and polyhydric alcohols export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Imports into Italy

In 2023, imports of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) into Italy stood at X tons, surging by X% against 2022 figures. In general, total imports indicated a noticeable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, diols and polyhydric alcohols imports shrank to $X in 2023. Overall, imports showed perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then contracted in the following year.

Imports by Country

China (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of diols and polyhydric alcohols imports to Italy, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diols and polyhydric alcohols suppliers to Italy were Germany ($X), China ($X) and France ($X), with a combined X% share of total imports.

China, with a CAGR of X%, 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 diols and polyhydric alcohols import price stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2022, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform