Italy: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Italy

The Italian scouring pastes and powders market declined notably to $X in 2023, with a decrease of X% against the previous year. Overall, consumption, however, recorded a moderate increase. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Production of Scouring Pastes And Powders in Italy

In value terms, scouring pastes and powders production declined sharply to $X in 2023 estimated in export price. Over the period under review, production showed a perceptible slump. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from Italy

In 2023, approx. X tons of scouring pastes and powders were exported from Italy; which is down by X% against the previous year's figure. In general, exports saw a deep contraction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, scouring pastes and powders exports declined to $X in 2023. Over the period under review, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Spain (X tons), Turkey (X tons) and France (X tons) were the main destinations of scouring pastes and powders exports from Italy, together comprising X% of total exports. Germany, India, Switzerland, the Czech Republic, Greece, Portugal, Hong Kong SAR, Slovakia, China and Romania lagged somewhat behind, together accounting for a further X%.

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

In value terms, Turkey ($X), Spain ($X) and France ($X) appeared to be the largest markets for scouring pastes and powders exported from Italy worldwide, together comprising X% of total exports. Greece, India, the Czech Republic, Germany, Switzerland, Hong Kong SAR, Romania, China, Portugal and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Czech Republic, with a CAGR of X%, recorded 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 scouring pastes and powders export price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Slovakia ($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 Greece (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Italy

In 2023, supplies from abroad of scouring pastes and powders increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, scouring pastes and powders imports rose rapidly to $X in 2023. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Hungary (X tons) constituted the largest supplier of scouring pastes and powders to Italy, accounting for a X% share of total imports. Moreover, scouring pastes and powders imports from Hungary exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Hungary amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the Netherlands (X% per year).

In value terms, the largest scouring pastes and powders suppliers to Italy were Hungary ($X), Belgium ($X) and Spain ($X), with a combined X% share of total imports.

Among the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average scouring pastes and powders import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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 Belgium ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform