Italy - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in Italy - 2023
Contents:
- Propene Price in Italy (FOB) - 2022
- Propene Price in Italy (CIF) - 2022
- Propene Exports in Italy
- Propene Imports in Italy
Propene Price in Italy (FOB) - 2022
In 2022, the average propene export price amounted to $1,220 per ton, with an increase of 8.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The export price peaked at $1,221 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,765 per ton), while the average price for exports to Greece ($602 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 Belgium (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Propene Price in Italy (CIF) - 2022
The average propene import price stood at $1,469 per ton in 2022, picking up by 18% against the previous year. Overall, the import price saw a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 73%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Saudi Arabia ($1,573 per ton), while the price for France ($1,009 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Propene Exports in Italy
In 2022, exports of propene (propylene) from Italy fell remarkably to 221K tons, waning by -20.2% compared with 2021. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of 277K tons, and then reduced notably in the following year.
In value terms, propene exports fell to $269M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. As a result, the exports reached the peak of $311M, and then shrank in the following year.
| Export of Propene in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 96.5 | 97.7 | 113 | 177 | 22.4% |
| Germany | 5.1 | 14.7 | 55.7 | 34.3 | 88.8% |
| Netherlands | 31.6 | 10.1 | 16.1 | 18.7 | -16.0% |
| Egypt | 5.3 | N/A | 7.4 | 16.3 | 45.4% |
| Spain | 10.2 | 2.6 | 42.5 | 12.5 | 7.0% |
| Greece | 20.1 | 20.8 | 33.0 | 3.7 | -43.1% |
| Belgium | 8.3 | 7.2 | 25.3 | 1.0 | -50.6% |
| Gibraltar | 10.7 | 2.8 | 4.2 | N/A | -37.3% |
| United Kingdom | 15.9 | 0.2 | 5.4 | N/A | -41.7% |
| Others | 1.6 | 3.2 | 9.0 | 5.9 | 54.5% |
| Total | 205 | 159 | 311 | 269 | 9.5% |
Top Export Markets for Propene from Italy in 2022:
- France (138.2K tons)
- Germany (26.1K tons)
- Egypt (24.9K tons)
- Netherlands (12.3K tons)
- Spain (7.7K tons)
- Greece (6.2K tons)
- Belgium (0.6K tons)
Propene Imports in Italy
In 2022, approx. 35K tons of propene (propylene) were imported into Italy; with a decrease of -57% on 2021. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 112%. As a result, imports reached the peak of 81K tons, and then shrank notably in the following year.
In value terms, propene imports declined markedly to $51M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 266%. As a result, imports attained the peak of $101M, and then dropped markedly in the following year.
| Import of Propene in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.0 | 9.1 | N/A | 17.9 | 14.3% |
| Serbia | 9.5 | 10.8 | 12.0 | 16.3 | 19.7% |
| Saudi Arabia | 9.4 | N/A | 43.1 | 12.0 | 8.5% |
| Croatia | N/A | 0.5 | 1.3 | 2.1 | 104.9% |
| Germany | 3.4 | 2.1 | 4.0 | 1.6 | -22.2% |
| Netherlands | N/A | N/A | 31.0 | 0.2 | -99.4% |
| Latvia | N/A | N/A | 8.7 | N/A | 0% |
| United States | 10.9 | N/A | N/A | N/A | 0% |
| Portugal | N/A | 2.4 | N/A | N/A | 0% |
| Others | 4.8 | 2.6 | 0.5 | 1.1 | -38.8% |
| Total | 50.0 | 27.5 | 101 | 51.2 | 0.8% |
Top Suppliers of Propene to Italy in 2022:
- Serbia (12.0K tons)
- Spain (11.6K tons)
- Saudi Arabia (7.7K tons)
- Croatia (1.5K tons)
- Germany (1.1K tons)
- Netherlands (0.2K tons)
This report provides an in-depth analysis of the propene 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:
- Prodcom 20141140 - Propene (propylene)
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
-
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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