Cellular PU plates, sheets, film, foil and strip market in Italy

Earlier Report Observations

The market size for cellular PU plates, sheets, film, foil and strip in Italy showed considerable fluctuation between 2018 and 2024. Starting at 440.5 million US dollars in 2018, it dropped to 334.5 million in 2019, then rebounded sharply to reach a peak of 664.2 million in 2021. After this high, the market contracted to 569.4 million in 2022 and further to 410.4 million in 2023, before recovering to 545.5 million in 2024.

Domestic production mirrored this volatility, falling from 543.4 million in 2018 to 444.5 million in 2019, then rising to 734.9 million in 2021. Production declined in the following two years, dropping to 485.7 million in 2023, but increased again to 620.3 million in 2024. Trade flows also contributed to market dynamics, with imports growing from 82.9 million in 2018 to a high of 153.5 million in 2022, then decreasing to 108.7 million in 2024. Exports remained relatively stable, fluctuating between 185.6 million and 204.9 million over the period.

The market's trajectory was marked by a strong expansion phase from 2019 to 2021, followed by a contraction phase through 2023, and a renewed growth in 2024. The peak in 2021 coincided with elevated production and import levels, while the subsequent downturn saw reductions in both domestic output and inward shipments.

Production cellular PU plates, sheets, film, foil and strip in Italy

In value, 2017-2020, M $ US

Italy's production of cellular PU plates, sheets, film, foil, and strip rebounded after a two-year decline. In 2020, output reached 616.4 million US dollars, marking a significant 38.7% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 9.1%, which translates to an average annual growth rate of 2.9%. The lowest production value was recorded in 2019 at 444.5 million US dollars, with the largest decline of 18.2% also occurring that year.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K t

The data shows irregular fluctuations, pointing to a volatile market environment. Production peaked in 2019 and fell to its lowest point in 2018, with a 2.3-fold difference between these years. In 2020, Italy produced 184.5 thousand tonnes of cellular PU plates, sheets, film, foil, and strip, representing a sharp decline of 41.3% year-over-year. The minimum volume was recorded in 2018 at 137.1 thousand tonnes, while the maximum was in 2019 at 314.4 thousand tonnes. The largest increase occurred in 2019, with a growth of 129.4%.

Annual dynamics of production in Italy in kind, 2017-2020, K t

Exports cellular PU plates, sheets, film, foil and strip from Italy

Exports in kind, t

Italy's exports of cellular PU plates, sheets, film, foil, and strip increased for the third consecutive year. In 2020, exports totaled 56 004 tonnes, showing a strong rise of 11.4% compared to 2019. From 2017 to 2020, exports grew by 70.8%, with a compound annual growth rate of 19.5%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

The export partner structure in volume terms was fragmented from 2017 to 2020. France accounted for 12.7% of exports, Germany for 10.9%, and Spain for 9.4%, with these three countries together making up only 33.0% of total flows. No single country held a dominant share.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy exported 194.9 million US dollars worth of cellular PU plates, sheets, film, foil, and strip in 2020, reflecting a modest gain of 5.0% year-over-year. Over the 2017-2020 period, exports increased by 24.1%, with a compound annual growth rate of 7.5%. The largest decline was recorded in 2019 at 0.1%, while the largest increase occurred in 2018 at 18.3%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

From 2017 to 2020, the country structure of exports in value terms remained highly diversified. France represented 15.7% of exports, Germany 13.7%, and Spain 8.9%, with these three countries together accounting for only 38.2% of total flows. A long tail of smaller markets made up the remaining 61.8%.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports cellular PU plates, sheets, film, foil and strip to Italy

Imports in kind, t

Italy's imports of cellular PU plates, sheets, film, foil, and strip increased after a two-year decrease. In 2020, import volume stood at 14 015 tonnes, showing a slight rise of 2.6% compared to 2019. Between 2017 and 2020, imports decreased by 20.2%, equating to an average annual decline of 7.2%. The minimum volume was recorded in 2019 at 13 657 tonnes, with the largest decline of 15.2% occurring in 2018.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, there was no single dominant market for cellular PU plates, sheets, film, foil, and strip imports. Germany accounted for 15.8% of imports, Hungary for 11.8%, and Slovenia for 11.2%, with these three countries together taking only 38.8% of total imports. Many smaller partners each held modest individual shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's imports of cellular PU plates, sheets, film, foil, and strip rebounded after a two-year decrease. In 2020, imports amounted to 87.5 million US dollars, indicating a robust increase of 15.7% from 2019. Between 2017 and 2020, imports decreased by 7.9%, which translates to an average annual decline of 2.7%. The minimum value was recorded in 2019 at 75.7 million US dollars, with the largest decline of 12.7% occurring in 2018.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

The import partner structure in value terms remained fragmented from 2017 to 2020. Germany accounted for 18.9% of imports, Belgium for 12.6%, and Austria for 9.4%, with these three countries together making up only 40.8% of total flows. No single country exceeded a dominant share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020