Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy (CIF) - 2023

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $21,927 per ton in October 2023, jumping by 57% against the previous month. Over the period under review, import price indicated a moderate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +118.5% against July 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Chile ($38,710 per ton), while the price for China ($17,469 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $14,259 per ton in 2022, approximately equating the previous year. Overall, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,421 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($28,295 per ton), while the average price for exports to Pakistan ($4,145 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 Greece (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy

In 2022, approx. 2.3K tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into Italy; increasing by 15% on the year before. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $31M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Italy in 2022:

1. China (898.3 tons)
2. Netherlands (634.1 tons)
3. Germany (308.1 tons)
4. France (206.3 tons)
5. Japan (55.0 tons)
6. Norway (51.5 tons)
7. Spain (42.8 tons)
8. United Kingdom (8.6 tons)
9. Belgium (7.0 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Italy

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Italy skyrocketed to 347 tons in 2022, surging by 33% compared with 2021. Overall, exports, however, recorded a perceptible downturn.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $5M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Italy in 2022:

1. Germany (133.8 tons)
2. Greece (64.6 tons)
3. Mexico (45.7 tons)
4. France (17.7 tons)
5. Pakistan (12.9 tons)
6. Egypt (12.0 tons)
7. Spain (11.2 tons)
8. Turkey (6.0 tons)
9. United Kingdom (5.7 tons)

Source: IndexBox Market Intelligence Platform